News
Forget rain: Vendors caused most wedding insurance claims in 2025, Travelers says
2+ hour, 40+ min ago (194+ words) For the fifth consecutive year, the biggest threat to wedding day plans wasn't the weather or in-laws " it was the caterer. Vendor failures were the leading cause of paid wedding insurance claims in 2025, accounting for 55% of all payouts, according to…...
CBIA slams Appropriations Committee for rejecting small business health care bill
1+ mon, 2+ week ago (409+ words) The state's largest business organization is taking Connecticut legislators to task after the Appropriations Committee failed Monday to approve a bill that aims to help small businesses with their health care costs. The committee, during its meeting Monday, voted on…...
Mass. couple buys Putnam office park for $3. 9 M, shifts investment strategy
2+ mon, 5+ day ago (239+ words) A Massachusetts couple recently paid $3. 9 million for a three-building professional office park in Putnam with a strong presence of medical providers. In a deed recorded March 20, a limited liability company headed by James J. and Lisa R. Stochaj, of Dudley, Massachusetts, bought…...
After denial, major CT insurer returns with new HQ plan
3+ mon, 2+ week ago (184+ words) Greenwich planning officials are set to review Berkley Insurance's latest headquarters proposal next week, roughly three months after rejecting the company's prior expansion plans. The reinsurer has filed a new application proposing to demolish its existing 95, 550-square-foot, four-story headquarters at…...
CVS reports record revenue but Aetna insurance costs weigh on results
3+ mon, 2+ week ago (407+ words) CVS Health reported record revenue for 2025 and reaffirmed its earnings outlook for the coming year, but continuing cost pressures at its Aetna insurance business weighed on quarterly profitability and underscored the challenges faced by the company's health benefits segment. The…...
Businesses warn health insurance requirements are driving up premiums, fueling calls for scrutiny
4+ mon, 5+ day ago (1146+ words) Rep. Kerry Wood (D-Rocky Hill), co-chair of the state legislature's Insurance and Real Estate Committee, says she often hears the same thing about health insurance in Connecticut when she meets legislators from across the country. "I go to national conferences…...
Lamont, legislative leaders look for answers on CT's struggling commercial health insurance market
11+ mon, 6+ day ago (851+ words) Gov. Ned Lamont was sworn into office in January 2019, and now six years later he's still vexed by the issue of shrinking health insurance options for businesses. Asked about a previous proposal to create a state-operated public option, a controversial…...