Insurance

Connecticut Joins Lawsuit Defending Affordable Care Act

Connecticut joined with 17 other states and the District of Columbia in filing a lawsuit against the Trump administration’s decision to abruptly stop making health care cost-sharing reduction (CSR) subsidy payments required by the federal Affordable Care Act (ACA) – a move that will put health coverage for more than 6 million Americans at...

Hartford Calls Bondholders To Keep Chapter 9 At Bay

The city of Hartford recently discussed the state of the city with bondholders during a scheduled call yesterday, which was intended to initiate a constructive dialogue for restructuring alternatives.

Hurricane Irma Losses Could Exceed $65B

Preliminary loss estimates for Hurricane Irma is estimated to be between $42.5 billion and $65 billion (excluding uninsured commercial losses), according to a report released today from CoreLogic, a global property information company.

CT Leads $5.5M Multistate Settlement With Nationwide Insurance Co. Over 2012 Data Breach

Connecticut has joined with 31 other states and Washington D.C. in a $5.5 million settlement with Nationwide Mutual Insurance Co. and its subsidiary, Allied Property & Casualty Insurance Co., that resolves the states’ investigation into a 2012 data breach that exposed sensitive personal information of 1.2 million consumers across the country.