Insurance (Sun-Sentinel)

Published - 10/10/2008 02:05 AM

Hartford Financial Services Group Inc., the insurer that lost half its market value this month, "remains solid," Connecticut Insurance Commissioner Thomas Sullivan told the company's customers. 

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Hartford 'remains solid,' regulator tells customers (Connecticut Post)

Published - 10/09/2008 10:09 PM

NEW YORK -- Hartford Financial Services Group Inc., the insurer that lost more than half its market value this month, "remains solid," Connecticut Insurance Commissioner Thomas Sullivan told the 

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Investment woes widen for insurers (Business Insurance)

Published - 10/12/2008 10:26 PM

NEW YORK—Credit market turmoil spread to more insurers last week as several companies warned of expected large investment losses for the third quarter and some moved to raise capital. 

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Insurance Industry Joins Banking Giants on the Hot Seat (New York Times)

Published - 10/10/2008 08:21 AM

Insurance companies are now being battered like Wall Street banks were last month, suggesting a similar round of consolidation and recapitalization. 

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Insurance Industry Joins Banking Giants on the Hot Seat (New York Times)

Published - 10/10/2008 06:22 AM

Months after the stocks of big Wall Street financial firms first came under attack, insurance companies are now being battered, suggesting that a similar round of consolidation and recapitalization may be in store for that industry, The New York Times’s Mary Williams Walsh reported. 

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Insurance firms now feeling pain of banking icons (San Diego Union-Tribune)

Published - 10/10/2008 05:05 AM

Months after the stocks of big Wall Street financial firms first came under attack, insurance companies are now being battered, suggesting that a similar round of consolidation and recapitalization may be in store for that industry. 

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

Published - 10/01/2008 04:06 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 04:16 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 09:00 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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