The Connecticut Insurance Department’s Consumer Affairs unit says it recovered more than $700,000 for consumers in the third quarter. The department received 1,696 complaints this quarter – a typical amount for a three-month period – and less than half of …
The Hartford will pay $1.3 million to settle allegations over its role in a scheme to improperly inflate insurance and reinsurance prices nationwide by more than a third, Connecticut Attorney General Richard Blumenthal said. Blumenthal said the antitrust settlement is …
Illinois Director of Insurance Michael McRaith has suspended the operations of medical liability insurer Professional Liability Insurance Company of America (PLICA). Under the Department of Insurance order dated Oct. 22, 2009, PLICA is prohibited from writing new policies or renewing …
The board of directors of the American Academy of Actuaries has elected Mary Frances Miller as the organization’s president-elect. Miller will succeed Ken Hohman as president for the 2010-2011 term. Miller is a consulting actuary with Select Actuarial Services in …
John W. Hawie has been hired by Louisiana Workers’ Compensation Corporation (LWCC) as senior vice president and chief investment officer. He left a position as senior vice president and chief investment officer for Commerce Group in Webster, Mass., to take …
An insurance industry think tank has concluded that 25 public and quasi-public workers’ compensation insurance plans perform better financially than the private market in a number of performance categories and at least as well when it comes to the bottom …
Westbrook, Connecticut-based insurance broker Gowrie Group has named Christopher T. Brodeur as vice president in its commercial insurance division. Brodeur will work with business owners and executives throughout Connecticut, New England, New York and New Jersey to customize property and …
Hartford Financial Services Group Inc. named a former Bank of America Corp. executive to be its new CEO, and he already has plans to introduce enhanced risk management after record losses at the 199-year-old insurer. Liam McGee, former head of …
The Obama administration reported that nearly 6,000 people were killed and a half-million injured last year in vehicle crashes connected to driver distraction, a striking indication of the dangers of using mobile devices behind the wheel. The Transportation Department recently …
A black New Haven, Connecticut firefighter has filed a federal lawsuit against the city over a promotion exam that was the subject of a landmark U.S. Supreme Court ruling in June. Firefighter Michael Briscoe alleges in a lawsuit filed Thursday …
