Connecticut Issues Consumer Advisory on Earthquake Insurance
The U.S. Geological Service has reported a series of minor earthquakes in parts of eastern Connecticut this week, including a 2.0-magnitude earthquake Thursday morning near Plainfield, Connecticut. The...
View ArticleConn. Regulators Recovered $6.3M for Policyholders, Taxpayers in 2014
The Connecticut Insurance Department recovered approximately $6.3 million for policyholders and taxpayers in 2014, the state’s Deputy Insurance Commissioner Anne Melissa Dowling announced today....
View ArticleConnecticut Announces Online System for Adjuster/Appraiser Renewals
Connecticut Insurance Commissioner Katharine Wade announced that insurance adjusters and appraisers can now renew their Connecticut licenses online using the department’s paperless system operated...
View ArticleThomson to Serve as Connecticut Insurance Department’s Deputy Commissioner
Connecticut Insurance Commissioner Katharine L. Wade announced Thursday that she has appointed John Thomson, director of the Connecticut Insurance Department’s Captive Insurance Regulation Division, as...
View ArticleConnecticut Insurance Department Licenses New Captive Insurer
Connecticut Insurance Commissioner Katharine L. Wade announced that a corporation specializing in consultation and financial management for reinsurance companies is expanding its footprint in...
View ArticleConn. Warns Insurers Not to Terminate Home Policies Over Foundation Problems
The Connecticut Insurance Department sent a notice to insurers writing homeowners insurance in the state, notifying them they are not allowed to cancel or non-renew homeowners policies based on...
View ArticleConnecticut Regulator Warns of Phone Scams Targeting Policyholders
Connecticut Insurance Commissioner Katharine L. Wade is advising consumers to be wary of a scam in which a caller poses as a representative of an insurance company and informs people that their policy...
View ArticleConnecticut Recovered $6M for Policyholders, Taxpayers in 2015
Connecticut Insurance Commissioner Katharine L. Wade announced that the Connecticut Insurance Department recovered approximately $6 million for policyholders and taxpayers in 2015, helping individuals...
View ArticleConnecticut Insurance Department Names Grace to Lead Captive Unit
Connecticut Insurance Commissioner Katharine L. Wade has announced that Janet Grace, a veteran risk specialist with more than 20 years of experience, has been hired as program manager to oversee the...
View ArticleConnecticut Announces Its 10th Captive Insurer
The Connecticut Insurance Department announced that a Syosset, New York-based construction services firm, RC Structures, is establishing its captive insurance operations in Connecticut. The new...
View ArticleConnecticut Regulator Licenses New Health Care Captive
Connecticut Insurance Department announced Thursday that it has licensed a non-profit captive insurance cooperative comprising several Connecticut municipalities and school districts that aims to give...
View ArticleConnecticut Insurance Department Approves NCCI Workers’ Comp Rate Filing
Connecticut Insurance Department Commissioner Katharine L. Wade announced that the department has approved a rate filing from the National Council on Compensation Insurance (NCCI) that decreases...
View ArticleConnecticut Insurance Department Launches Licensing Site
The Connecticut Insurance Department has launched a new licensing web site, designed to improve customer service for the nearly 200,000 agents, brokers, adjusters and other licensees who conduct...
View ArticleConnecticut Insurance Commissioner Warns of Caller Posing as Department Staff
Connecticut Insurance Commissioner Katharine L. Wade has issued a consumer alert advising consumers to be wary of a phone caller who identified herself as an Insurance Department employee and is asking...
View ArticleCVS Pledges Aetna Will Remain in Hartford for at Least 10 Years
Connecticut officials have received official assurances that CVS Health Corp. will keep Aetna Inc. in Hartford for at least the next decade. The pledge is included in a commitment letter CVS delivered...
View ArticleConnecticut Approves 17% Workers’ Comp Rate Cut for 2019
The Connecticut Insurance Department has approved a nearly 17 percent decrease in rates for workers’ compensation insurance, marking the fifth consecutive year that rates have dropped in Connecticut....
View ArticleConnecticut Insurance Department Partnering with RiskGenius in Tech Pilot...
The Connecticut Insurance Department is one of nine state insurance regulators participating in a pilot program to test a web-based platform that uses machine learning. The pilot states are partnering...
View ArticleConnecticut Insurance Commissioner Wade to Step Down
Connecticut Insurance Department Commissioner Katharine Wade plans to step down from her position on December 19, 2018. Connecticut’s incoming Governor-elect Ned Lamont, who is set to take office on...
View ArticleConnecticut Insurance Department Recoups Nearly $8M
The Connecticut Insurance Department says it recovered nearly $8 million for policyholders and taxpayers in 2018 by helping individuals, families and employers with their claims and complaints. Acting...
View ArticleInsurance Commissioner Confers with Connecticut Congressional Delegation
Connecticut Insurance Commissioner Andrew N. Mais joined more than 40 of his colleagues from the National Association of Insurance Commissioners (NAIC) last week to highlight important issues for...
View ArticleConnecticut Calls on Auto Insurers to Extend Coverage to Personal Delivery...
Connecticut Insurance Department Commissioner Andrew N. Mais has called on insurers to immediately institute an extension of coverage for personal delivery drivers in light of the disruption caused by...
View ArticleConnecticut Reminds Businesses to Verify Insurance Coverage During Reopening
Connecticut Insurance Commissioner Andrew N. Mais and Economic Development Commissioner David Lehman are reminding businesses to make sure their insurance coverage accurately reflects any changed...
View ArticleConn. Offers Coverage Guidance Due to Power Outages After Tropical Storm Isaias
In the aftermath of Tropical Storm Isaias, Connecticut Governor Ned Lamont and Insurance Commissioner Andrew N. Mais are reminding policyholders to review their homeowners insurance policies to...
View ArticleConnecticut Reminds Insurers to Avoid Discriminatory Practices with Big Data
Connecticut Insurance Department (CID) Commissioner Andrew N. Mais issued a formal notice to insurers licensed by the department that their use of technology and big data must be in full compliance...
View ArticleConnecticut Insurance Department Releases National Survey on Climate Risk
Connecticut is continuing to engage with the insurance industry on climate change and its implications with its latest release of a national survey on climate risk in the insurance industry. Previously...
View ArticleConnecticut Insurance Department to Host Conference on Climate Change, Insurance
The Connecticut Insurance Department and U.S. experts on climate change, resiliency, mitigation and adaptation are leading a discussion on what the insurance industry should consider to mitigate and...
View ArticleConnecticut Considers Drop in 2022 Workers’ Comp Rates, Seeks Public Comment
Connecticut Insurance Commissioner Andrew N. Mais issued a department notice on September 24 announcing a 30 day period of public comment on the National Council on Compensation Insurance’s (NCCI)...
View ArticleConnecticut Regulates ‘Defense Within Limits’ Provisions by Insurers
Connecticut’s insurance regulator has provided commercial insurers with updated guidance on “defense within limits” policy provisions including the lines of insurance on which they may be included and...
View ArticleConnecticut Gov. Lamont Reappoints Mais as Insurance Commissioner
Connecticut Governor Ned Lamont has reappointed a number of commissioners including Insurance Commissioner Andrew Mais to continue serving in his second term in office: Lamont first nominated Mais in...
View ArticleClaims Made Commercial Lines Filings Now Subject to Scrutiny in Connecticut
In a change in regulatory practice, Connecticut has decided that all commercial lines claims made insurance forms and rates are now subject to full regulatory review. Citing compliance issues,...
View Article