Hartford Financial Services Group Inc. is in talks to sell most of its life insurance subsidiary to Sun Life Financial Inc. of Canada, Bloomberg News reported, citing anonymous people. Splitting the Hartford, Conn.-based insurer in two and unloading most of …
The Connecticut Insurance Department says it recovered nearly $3.1 million on behalf of consumers last year – on par with previous year’s recoveries from resolving consumers’ disputes and complaints. “We are here to help, and I think this demonstrates that …
A judge has dismissed the state’s lawsuit against contractors involved in the building of the University of Connecticut law school library, saying the state waited too long. Waterbury Superior Court Judge William Cremins says the state, which filed the lawsuit …
General Re Corp., a reinsurance unit of billionaire Warren Buffett’s Berkshire Hathaway Inc., agreed to pay $72 million to settle investor claims about its role in a fraudulent transaction involving American International Group Inc. The settlement was announced Wednesday by …
Worcester, Massachusetts-based insurer The Hanover Insurance Group has named Keith A. Powers as regional vice president, Commercial Lines, for the company’s Connecticut market. Powers, who will work out of the company’s Glastonbury, Connecticut office, will be responsible for all facets …
A Connecticut woman whose 200-pound chimpanzee mauled and disfigured her best friend is vulnerable to a costly civil lawsuit, while the state also could face legal trouble for failing to take action, legal experts said Friday. Travis, a 14-year-old chimp, …
Andrew Fotopulos has joined Starkweather & Shepley Insurance Brokerage Inc. in Providence, Rhode Island as senior vice president. Fotopulos will lead the brokerage’s financial institutional practice. He will focus on providing specialized risk coverage designed for insuring financial institutions and …
The Hartford has filed a lawsuit to determine whether it must pay claims filed by victims of a nationwide salmonella outbreak traced to the Virginia peanut butter maker it insures. Hartford, Conn.-based Hartford Casualty Insurance Co. filed suit earlier this …
Journalists find cynicism comes easily. Nearly every day, we’re bombarded with a string of e-mails, press releases and clippings about different companies and individuals who have donated their time, money or both for something in their communities. “So what?” a …
Siren Song “The fire department is going to be mad at me.” —A sang phrase recorded by Amanda Gessner, 19, in a Drexel Hill, Pa. convenience store surveillance camera – which led to her arrest for arson charges. Police say …
