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Generic Drugmakers Want Antitrust Lawsuit Dismissed

Generic Drugmakers Want Antitrust Lawsuit Dismissed

by The Associated Press | May 4, 2017 | CR Daily, Executive Briefing, Industry News, Insurance

Six generic drugmakers are asking a federal judge in Connecticut to dismiss a 40-state lawsuit accusing them of artificially inflating and manipulating prices to reduce competition for antibiotic and oral diabetes medication.

Anthem Threatens Higher ACA Rates If Funds For Poor Stop

by The Commercial Record | Apr 27, 2017 | CR Daily, Executive Briefing, Industry News, Insurance

Anthem Inc. threatened to raise rates for its Obamacare plans next year if the U.S. government stops funding subsidies for lower-income customers, putting pressure on the administration and Republicans to support a key piece of the health law.

Companions For Living Breaks Ground In West Hartford

Companions For Living Breaks Ground In West Hartford

by The Commercial Record | Apr 20, 2017 | Commercial & Industrial, CR Daily, Executive Briefing, Industry News, Insurance

Companions for Living, a specialized memory and home care company for older adults based in West Hartford, recently held a groundbreaking ceremony.

New Haven OB-GYN Inks Long-Term Lease In Hamden

New Haven OB-GYN Inks Long-Term Lease In Hamden

by The Commercial Record | Apr 20, 2017 | Commercial & Industrial, CR Daily, Executive Briefing, Industry News, Insurance

New Haven OB-GYN Group P.C. has leased office space in Hamden through a long-term lease.

Bill Makes Pregnancy A Qualifying Life Event For Coverage

Bill Makes Pregnancy A Qualifying Life Event For Coverage

by The Associated Press | Apr 13, 2017 | CR Daily, Executive Briefing, Industry News, Insurance

Both Republican and Democratic state senators in Connecticut are throwing their support behind legislation that would allow expectant mothers to enroll in health insurance outside of the yearly open enrollment period.

US Stock Futures Hit Six-Week Low On Failed Health Care Bill

by Reuters | Mar 27, 2017 | CR Daily, Executive Briefing, Industry News, Insurance

U.S. stock index futures hit six-week lows on Monday after President Donald Trump failed to push through his health care bill, raising concerns about his ability to deliver on his economic agenda.

Psychiatrist Gets Federal Prison For Illegal Prescriptions

by The Associated Press | Mar 24, 2017 | CR Daily, Executive Briefing, Industry News, Insurance

A Milford psychiatrist who authorities say prescribed Adderall, Xanax and other drugs to people who didn’t medically require them is headed to prison.

Pharmaceutical Company To Lay Off More Than 200 Employees

Pharmaceutical Company To Lay Off More Than 200 Employees

by The Associated Press | Mar 15, 2017 | CR Daily, Executive Briefing, Industry News, Insurance

A Connecticut pharmaceutical company has announced it plans to lay off more than 200 employees in the coming weeks.

Stamford Dental Office Manager Admits To Defrauding Insurance Providers

Stamford Dental Office Manager Admits To Defrauding Insurance Providers

by The Commercial Record | Mar 15, 2017 | CR Daily, Executive Briefing, Industry News, Insurance

A Stamford dental office manager recently pleaded guilty to defrauding insurance companies.

MassMutual Supports Foodbank Of Greater Hartford

MassMutual Supports Foodbank Of Greater Hartford

by The Commercial Record | Mar 14, 2017 | CR Daily, Executive Briefing, Industry News, Insurance

Massachusetts Mutual Life Insurance Co. (MassMutual) has provided an $85,850 grant to Foodshare, a regional food bank located in Bloomfield.

Primary Care Service Provider Signs Long-Term Lease In Wilton

Primary Care Service Provider Signs Long-Term Lease In Wilton

by The Commercial Record | Mar 7, 2017 | Commercial & Industrial, CR Daily, Executive Briefing, Industry News, Insurance

Avison Young recently announced a new long-term lease on 15,000 square feet with the Western Connecticut Medical Group Inc.

Aetna, Humana Call Off $34B Deal

by The Associated Press | Feb 14, 2017 | CR Daily, Executive Briefing, Industry News, Insurance

Aetna and Humana called off a $34 billion proposal to combine the two major health insurers after a federal judge, citing antitrust concerns, shot down the deal.

Healthcare Company Enlists Regional Banks For Portfolio Refi

by The Commercial Record | Feb 10, 2017 | Banking & Lending, CR Daily, Executive Briefing, Industry News, Insurance

A partnership of four banks this week closed on a $70 million refinancing for a multiproperty portfolio on behalf of Apple Health Care Inc., a regional skilled nursing operator based in Connecticut.

US Court Blocks Anthem-Cigna Merger, Dealing Blow To Consolidation

by Reuters | Feb 9, 2017 | CR Daily, Executive Briefing, Industry News, Insurance

A federal judge on Wednesday ruled against U.S. health insurer Anthem Inc.’s proposed $54 billion merger with smaller rival Cigna Corp., derailing an unprecedented effort to consolidate the country’s health insurance industry.

Connecticut Concerned Aetna Looking At Move To Massachusetts

by The Associated Press | Feb 6, 2017 | CR Daily, Executive Briefing, Industry News, Insurance

Connecticut and Hartford leaders say they’re concerned health care insurance giant Aetna might downsize or relocate its corporate headquarters from Hartford to Boston.

Health Officials: Open Enrollment Period Ends Tuesday

by The Associated Press | Jan 30, 2017 | CR Daily, Executive Briefing, Industry News, Insurance

The head of Access Health CT is reminding Connecticut residents they have until the end of Tuesday to participate in the open enrollment period for health insurance.

First County Bank Distributes $25K Grant To Stamford Hospital

First County Bank Distributes $25K Grant To Stamford Hospital

by The Commercial Record | Jan 24, 2017 | Banking & Lending, CR Daily, Executive Briefing, Industry News, Insurance

First County Bank Foundation recently announced a $25,000 multiyear grant to go to the Stamford Hospital Foundation to support the new hospital.

MassMutual Announces Changes To Executive Team

by The Commercial Record | Jan 23, 2017 | CR Daily, Executive Briefing, Industry News, Insurance

Massachusetts Mutual Life Insurance Co. (MassMutual) has announced a group of executive leadership changes.

Home Health Agency Agrees To Settle False Claims Acts Allegations For $5.25M

by The Commercial Record | Jan 17, 2017 | CR Daily, Executive Briefing, Industry News, Insurance

A Connecticut home health agency and its owners have agreed to pay $5.25 million to resolve allegations that they violated the federal and state False Claims Acts.

CID Report: Homeowner Insurance Market Strong Along Coastline

CID Report: Homeowner Insurance Market Strong Along Coastline

by The Commercial Record | Jan 17, 2017 | CR Daily, Executive Briefing, Industry News, Insurance, Residential Real Estate

The homeowner market remains strong for homeowner insurance on the Connecticut coastline, according to a recent report from Commissioner Katharine L. Wade.

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