Currently viewing the tag: "Connecticut"
A bill awaiting Gov. Dannel P. Malloy’s signature would make it illegal for home insurers to decline or cancel coverage — or refuse to renew a policy — based solely on losses from a tropical storm or other catastrophe.
The first Connecticut health insurer to file proposed rates for health plans that will be sold on a public exchange, HealthyCT Inc. is requesting monthly rates ranging from $156 to $1,501 per person for small-group plans, according to regulatory documents.
The state’s $365 million budget deficit dates, in part, to two years ago when Connecticut became the first state to expand medical coverage to low-income adults as an early adopter of federal health care reform.
Connecticut took a “nose dive” to last place in a report assessing the credit quality of all 50 states released Tuesday by Conning, Inc., a Hartford-based asset manager that does financial research for insurers and institutional investors.
The report took a scathing view on the state’s rising unemployment, declining home prices, high debt per capita [...]
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