MA Bank Launches Insurance Subsidiary in Partnership with InsuritasJuly 30, 2021 | Reprints | Unlock Link
Massachusetts-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 WindsorJuly 29, 2021 | Reprints | Unlock Link
Aflac 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 PresidentApril 6, 2020 | Reprints | Unlock Link
Hartford-based Covr Financial Technologies announced that Ron Alexander has been appointed as president and head of innovation.
Hartford Insurtech Hires New Head of SalesJanuary 24, 2020 | Reprints | Unlock Link
Hartford-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 CompaniesBy The Associated Press | January 3, 2020 | Reprints | Unlock Link
A major insurer is limiting its coverage of companies in the fossil fuel business, citing concerns about climate change.
Disaster Coverage is a Disaster for MostBy Lew Sichelman | November 28, 2019 | Reprints | Unlock Link
Many – 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 CaseBy The Associated Press | November 5, 2019 | Reprints | Unlock Link
A 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 CloseBy The Associated Press | September 5, 2019 | Reprints | Unlock Link
Whether 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 CEOSeptember 4, 2019 | Reprints | Unlock Link
A 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 ModificationsBy The Associated Press | August 15, 2019 | Reprints | Unlock Link
A 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 ErrorsBy Bram Berkowitz | August 15, 2019 | Reprints | Unlock Link
As 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 SinkingBy The Associated Press | August 13, 2019 | Reprints | Unlock Link
A 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 DebateBy The Associated Press | July 31, 2019 | Reprints | Unlock Link
The 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 InvestorsBy Steve Adams | Commercial Record Staff | July 25, 2019 | Reprints | Unlock Link
A 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 Link
On 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 Link
Title 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 UnaffordableBy The Associated Press | July 15, 2019 | Reprints | Unlock Link
U.S. Sen. Richard Blumenthal says proposed health insurance rate increases in Connecticut are unaffordable.
University of New Haven Granted $4M for Cybersecurity ScholarshipsJuly 11, 2019 | Reprints | Unlock Link
The 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 FirmJune 24, 2019 | Reprints | Unlock Link
Insurity 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 $152KMay 1, 2019 | Reprints | Unlock Link
A Pennsylvania-based insurer was recently fined $152,000 for breaches of Connecticut insurance laws.