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The Hartford's 4Q profit loss widens

Patricia Daddona |

Hartford property and casualty insurer The Hartford said late Thursday that its fourth quarter profits fell, mainly due to a $3 billion loss related to the December sale of its run-off life and...

MassMutual to shutter Enfield campus, consolidate in Bay State

Patricia Daddona |

MassMutual said Thursday it will build a new Boston campus, increase its presence in its Springfield, Mass., headquarters and close its Enfield, Conn., campus, moves that will add 2,000 jobs through...

Malloy would cancel hospital tax cut, but again tighten Medicare program eligibility


Gov. Dannel P. Malloy's new budget would cancel a planned tax reduction for Connecticut's hospitals two years from now to help reduce big deficits down the road.

Knights of Columbus' insurance business enmeshed in bitter contract dispute

Christopher Hoffman Special to the Hartford Business Journal |

The Knights of Columbus are perhaps best known for their colorful plumed hats and the charity work done by their thousands of local councils.

Healthcare deal volume down 2%

John Stearns |

Healthcare merger and acquisition activity held steady in the fourth quarter of 2017, with 377 transactions marking a 1 percent increase over the third quarter, but down 3 percent from fourth quarter...

CT regulators recoup $6.8M for insured policyholders in '17

Patricia Daddona |

The Connecticut Insurance Department recovered $6.8 million for policyholders and taxpayers in 2017, Commissioner Katharine L. Wade said Wednesday.

PGA Tour draw McIlroy commits to Travelers tourney

Patricia Daddona |

Rory McIlroy, a four-time major champion with 13 PGA TOUR victories, has committed to play in the 2018 Travelers Championship, tournament organizers said Wednesday.

Congress funds children's health program, but not health centers


While the three-day government shutdown has ended, the fate of many federal programs is still up in the air – but a children's health program that serves about 17,000 kids in Connecticut has...

Travelers 4Q profit declines on catastrophe losses

Patricia Daddona |

Property and casualty insurer The Travelers Cos., which has major Hartford operations, said wildfire and hurricane catastrophe losses took a bite out of its fourth quarter profits.

Atlanta claims manager partners with Hartford InsurTech Hub

Patricia Daddona |

The Hartford InsurTech Hub is partnering with Atlanta-based Crawford & Company, an insurance companies claims manager, to improve efficiency and innovation.

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