Insurance
MA Bank Launches Insurance Subsidiary in Partnership with Insuritas
July 30, 2021 | Reprints | Unlock LinkMassachusetts-based Martha’s Vineyard Bank this month partnered with East Windsor-based digital insurance platform Insuritas to launch Vineyard Sound Insurance, offering personal, commercial and ancillary insurance services to the bank’s customers.
Aflac to Administer Paid Leave Program; Company Will Bring 150 Jobs to Windsor
July 29, 2021 | Reprints | Unlock LinkAflac has been named as the claims administrator for the recently established Connecticut Paid Leave Authority. The Georgia-headquartered company plans to open new offices in Windsor.
Covr Names New President
April 6, 2020 | Reprints | Unlock LinkHartford-based Covr Financial Technologies announced that Ron Alexander has been appointed as president and head of innovation.
Hartford Insurtech Hires New Head of Sales
January 24, 2020 | Reprints | Unlock LinkHartford-based Covr Financial Technologies announced that Jim Gothers has been appointed as head of national sales for its financial institution business.
The Hartford to Limit Insurance for Fossil Fuel Companies
By The Associated Press | January 3, 2020 | Reprints | Unlock LinkA major insurer is limiting its coverage of companies in the fossil fuel business, citing concerns about climate change.
Disaster Coverage is a Disaster for Most
By Lew Sichelman | November 28, 2019 | Reprints | Unlock LinkMany – if not most – homeowners aren’t prepared for a flood, tornado or other natural disaster. And neither, apparently, are their insurance companies.
Judge: Stamford Insurer Doesn’t Have to Pay in Boat Sinking Case
By The Associated Press | November 5, 2019 | Reprints | Unlock LinkA man at the center of an inheritance dispute contributed to the 2016 sinking of the boat from which his mother was lost at sea, a federal judge ruled Monday.
Nathan Carman Insurance Trial Comes to Close
By The Associated Press | September 5, 2019 | Reprints | Unlock LinkWhether the Vermont man whose mother was never seen again after their boat sank during a fishing trip in 2016 is compensated by his insurers for the loss of the vessel is in a judge’s hands.
Hartford Insuretech Firm Names New CEO
September 4, 2019 | Reprints | Unlock LinkA Hartford-based provider of cloud-based software products for the insurance industry has appointed a new CEO.
Witness in Insurance Trial: Carman’s Boat Unseaworthy After Modifications
By The Associated Press | August 15, 2019 | Reprints | Unlock LinkA marine surveyor says modifications that Nathan Carman made to his boat before a fishing trip with his mother would have made the vessel unseaworthy.
Protection From Omissions and Errors
By Bram Berkowitz | August 15, 2019 | Reprints | Unlock LinkAs the world grows more complex, financial institutions require more types of insurance for various myriad cybersecurity issues. Justin Kesner, a senior vice president of the legal professional liability division at national brokerage Amity Insurance, is here to help.
Trial Begins Over Insurance for ‘Suspicious’ Boat Sinking
By The Associated Press | August 13, 2019 | Reprints | Unlock LinkA civil trial getting underway in Providence will determine whether insurance companies should cover Nathan Carman’s $85,000 claim for his boat that sank off New England in 2016.
Health Insurance Reform Takes Center Stage at Democratic Debate
By The Associated Press | July 31, 2019 | Reprints | Unlock LinkThe signature domestic proposal by the leading progressive candidates for the Democratic presidential nomination came under attack from moderates in a debate that laid bare the struggle between a call for revolutionary health insurance policies and a desperate desire to defeat President Donald Trump.
Lawsuit Alleges West Hartford ‘Fintech Village’ Developer Ideanomics Misled Investors
By Steve Adams | Commercial Record Staff | July 25, 2019 | Reprints | Unlock LinkA class action lawsuit alleges that executives of the company proposing a $283 million “Fintech Village” in West Hartford made false and misleading statements to investors about the company’s prospects and inflated its stock price.
Could Coastal Mansions Become Eligible for Disaster Aid?
By The Associated Press | July 22, 2019 | Reprints | Unlock LinkOn an exclusive Connecticut peninsula, where signs warn outsiders to stay off private roads, eight multimillion-dollar homes with sprawling yards along Long Island Sound are poised to become eligible for taxpayer-funded disaster aid.
Title Professionals Say Peers’ Due Diligence ‘Could Be Better’
July 15, 2019 | Reprints | Unlock LinkTitle professionals say their top challenge is too many responsibilities with not enough time to perform those responsibilities, according to a new report.
Blumenthal: Proposed Insurance Rates Are Unaffordable
By The Associated Press | July 15, 2019 | Reprints | Unlock LinkU.S. Sen. Richard Blumenthal says proposed health insurance rate increases in Connecticut are unaffordable.
University of New Haven Granted $4M for Cybersecurity Scholarships
July 11, 2019 | Reprints | Unlock LinkThe University of New Haven received a $4 million National Science Foundation grant to create Connecticut’s first CyberCorps Scholarship for Service program.
Hartford Insuretech Bought by Investment Firm
June 24, 2019 | Reprints | Unlock LinkInsurity Inc., one of the leading software platforms for the property and casualty insurance industry, announced it is being acquired for an undisclosed sum by private investment firm GI Partners, a middle-market alternative asset manager.
Insurance Company Fined $152K
May 1, 2019 | Reprints | Unlock LinkA Pennsylvania-based insurer was recently fined $152,000 for breaches of Connecticut insurance laws.
