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Insurance

Travelers' 2Q net drops 10%

Patricia Daddona |

The Travelers Cos. posted a 10 percent decline in profits in a second quarter marked by higher catastrophe losses from hail and tornado activity and a lower underlying underwriting gain.

Report: ACA reduces CT's uninsured rate 45%

John Stearns | 1

The Affordable Care Act is responsible for a 45 percent reduction in Connecticut's uninsured rate, and new consumer protections for about 1.9 million residents with employer-sponsored coverage and...

Workers' comp study: CT physician drug dispensing down

John Stearns |

Physicians in Connecticut dispensed 14 percent fewer prescriptions between 2011 and 2014 and the percentage of total prescription payments for physician-dispensed drugs fell 34 percent, according to...

CT at center of corporate relocation strategy

Karen Ali Special to the Hartford Business Journal |

Health insurer Aetna's decision to relocate top-level employees to New York City, while maintaining the bulk of its workforce in Hartford, is part of a nationwide management trend in which companies...

GOP still trying, but Blumenthal says Obamacare repeal in 'total disarray'

ANA RADELAT | CT MIRROR |

The Senate returns from its Fourth of July break this week without a firm strategy on how to move forward on a health care bill that has little public support and has split Republicans.

MetLife pays $250M for Philadelphia investment manager

Patricia Daddona |

MetLife, Inc., a New York-based life insurer with a presence in Bloomfield, said it will acquire Philadelphia-based Logan Circle Partners for $250 million in cash.

Allstate Insurance Co. recognized by Bridge Family Center

At the annual meeting of the Bridge Family Center, Allstate Insurance Co. was recognized for its widespread support of the organization with the Bridge Business Award. Allstate has...

CT hospital outpatient payments fell 14% in 2015 after policy change, report finds

John Stearns |

The average hospital outpatient payment per surgery decreased in Connecticut by about 14 percent from 2014 to 2015 after the state adopted a fee schedule for hospital and ambulatory surgery centers...

Insurers brace for accident-prone holiday weekend

Greg Bordonaro |

As Connecticut travelers get ready to hit the road this extended holiday weekend, property and casualty insurers, including Travelers Cos. and others, are bracing for an impact on their bottom lines.

Medtronic announces outcomes-based agreement with Aetna for diabetes patients

John Stearns |

Dublin-based medical technology company Medtronic plc this week announced a new outcomes-based agreement with Aetna for type 1 and type 2 diabetes patients currently on multiple daily insulin...

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