Connecticut Insurers Seek State Approval For 2009 Medigap Premium Rate Increases (Medical News Today)

Published - 10/01/2008 04:02 PM

Premiums for Medicare supplemental insurance in Connecticut could increase by as much as 12% to 15% in 2009 -- "some of the largest premium increases in years," the Hartford Courant reports. The Connecticut Insurance Department has approved a request by United Healthcare to increase Medigap premiums by 8.4% to 10%, while Bankers Life and Casualty has sought approval to increase rates from 6. 

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Insurance official provides answers (The Middletown Press)

Published - 09/28/2008 09:15 PM

AIG's insurance companies are financially sound with more in assets than they need to pay all valid present and projected claims, according to state Insurance Commissioner Thomas R. Sullivan. 

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U.S. Lawmakers Fault States for AIG Collapse (Kansas City InfoZine)

Published - 09/27/2008 04:14 AM

By Stephen C. Fehr - State insurance regulators are angry that four members of Congress who support federal oversight of the industry are blaming states in part for the collapse of insurance giant American International Group Inc., an event that escalated the financial crisis on Wall Street. 

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Connecticut Seniors Could Face Sizable Medigap Rate Increases (Hartford Courant)

Published - 09/26/2008 09:06 PM

Thousands of senior citizens in Connecticut could face some of the largest premium increases in years on their Medicare supplement insurance as insurers seek regulators' approval for 2009 rate increases as high as 12 or 15 percent. 

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State Regulators Blast Federal Regulation Advocates Over AIG (Insurance Journal)

Published - 09/26/2008 12:22 PM

State insurance commissioners have lashed out at members of Congress who are blaming state regulation for the problems of American International Group (AIG) and using the AIG crisis to bolster their a 

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Your insurance policy is — probably — safe (MSNBC)

Published - 09/24/2008 07:18 PM

After the Federal Treasury announced its $85 billion bail-out of American International Group last week, many consumers wondered if their insurance policies were safe. 

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Connecticut's Overall Workers' Comp Rates Won't Change Much (Hartford Courant)

Published - 09/24/2008 08:41 PM

In the "land of steady habits," it looks like rates for workers' compensation insurance will continue to hold fairly steady, too. Rates in Connecticut have been relatively stable for years, and "there's no drama here" with the 2009 filing, said Laura Backus Hall, state relations executive with the national council. 

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Insurer Fined Over Improper Practices (Hartford Courant)

Published - 09/19/2008 09:42 PM

The Connecticut Insurance Department has fined Hingham Mutual Fire Insurance Co. in Massachusetts $135,000 for failing to make sure the agents who sell its policies here were properly licensed and appointed to do so. 

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Aetna Allows Outside Review When Policies Are Rescinded (Hartford Courant)

Published - 09/22/2008 11:29 PM

Consumers from coast to coast have complained when health insurers rescinded their policies after serious illness set in. 

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State Tries To Ease Fears Over AIG (Hartford Courant)

Published - 09/16/2008 10:51 PM

Consumers frightened by reports about AIG's financial woes are deluging insurance regulators in Connecticut and across the nation with calls asking whether their policies and annuities are safe. 

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