Connecticut News

Connecticut Town Settles Lawsuit over Suspect’s Death

The city of West Haven, Connecticut has agreed to pay nearly $400,000 to the family of a man who was killed on Interstate 95 while running from police. The family of 18-year-old Gary “Chris” Tyson had accused West Haven police …

Bus Driver Injured after Crash with Wild Turkey

Connecticut State police say the driver of a passenger bus is recovering from injuries after a collision with a wild turkey in Southington. The turkey and the Vermont Greyhound bus collided on Interstate 84 westbound on Thursday afternoon, near exit …

The Hartford Soars on Higher Outlook; Strong Capital Reassures Investors

Hartford Financial Services Group Inc. shares soared as much as 52 percent Friday after the company boosted its 2008 profit forecast and said it had more than enough capital to withstand significant further deterioration in equity markets. The outlook provided …

Connecticut Family Reaches $2.3M Settlement in Drunken Driving Case

The estate of a Greenwich, Connecticut teenager killed in a drunken driving accident in 2005 has been awarded $2.3 million in a settlement reached in Superior Court in Bridgeport. Court records show the lawsuit was brought by Justin Brown’s parents …

Hanover Insurance Completes Acquisition of Specialty Program Writer AIX

Super regional insurance carrier The Hanover Insurance Group, Inc. has completed the previously announced acquisition of AIX Holdings, Inc. Windsor, Conn.-based AIX Holdings is a specialty property and casualty insurer that underwrites and manages program business, utilizing alternative risk transfer …

People

The Insurance Marketing and Communications Association (IMCA) named Richard Look as president. He is a marketing communications veteran with both agency and insurance company experience, and currently serves as vice president of marketing communications for Inventure Inc., a privately owned …

Insurance Dollars Influence Western Legislators

Congressional candidates from the Western states of Alaska, Arizona, California, Colorado, Hawaii, Idaho, Montana, Nevada, New Mexico, Oregon, Utah, Washington and Wyoming pulled in donations from a variety of insurance industry interests in 2008, according to the Center for Responsive …

New Markets

The following markets were selected from the MyNewMarkets database of 25,000 coverages and programs. To find additional markets, or to submit markets, go to www.MyNewMarkets.com. Waste Haulers Market Detail: ELM Insurance Brokers Inc. offers automobile and general liability coverage for …

Tri-State Governors Call on Feds to Help Ex-Financial Services Workers

The governors of three Northeast states hard hit by the Wall Street meltdown are urging federal officials to approve a $48.2 million grant to help retrain financial services workers who have lost their jobs. In a letter to Labor Secretary …

Steady Habits Make for a Stable Market

Regulator Says Nutmeg State Will Take AIG and Catastrophe Problems in Stride Connecticut Insurance Commissioner Thomas Sullivan considers himself something of an insider when it comes to the insurance industry – after all, he spent 20 years at The Hartford. …