Monthly Archives: July 2010

Better Business Bureau Credibility Fading Fast

July 31, 2010
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As a former small business owner and a consumer, John Henley of Colchester believes that the Better Business Bureau should be our first line of defense against unscrupulous and negligent businesses. But based on his experience and what he has read of about bureau’s controversial letter-grade rating system, Henley is convinced that “the BBB...

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Positive Energy Electric President Fined $100,000 For Bank Fraud

July 30, 2010
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The president of Positive Energy Electric Co., and one of my sponsors, was fined $100,000 by the state Banking Department for bank fraud involving a mortgage about seven years ago when he was in the mortgage business. A spokesman for the department confirmed the fine against Joseph Ventura this week, which a reader tipped...

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Some Life Insurers Playing Games With Benefits

July 30, 2010
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Attorney General Richard Blumenthal urged regulatory action by the state Department of Insurance (DOI) to stop misleading and deceptive practices by life insurance providers that may have deprived families — including military families — of potential benefit income. Blumenthal cited recent reports that insurers are failing to make prompt full payment to beneficiaries on...

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Blumenthal Should Focus On Ct Biz and Drop Publicity Gaining Investigations

July 30, 2010
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Instead of grandstanding for public relations purposes as he runs for the U.S. Senate, Attorney General Richard Blumenthal might want to reorder his priorities so that his staff focuses on complaints that actually impact his constituants. For instance, state Consumer Protection Commissioner Jerry Farrell Jr. last spring formally asked Blumenthal to take legal action...

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