Connecticut Attorney General George Jepsen today announced a $4.25 million settlement with one of the world’s largest reinsurance brokers, Guy Carpenter & Company, LLC, and Excess Reinsurance Company, ending a landmark antitrust case that began in October 2007. The settlement resolves claims that Guy Carpenter orchestrated a series of conspiracies in the reinsurance industry...
Many for-profit (or proprietary) schools have begun making costly private student loans knowing in many cases that more than half of these loans will never be repaid. Most schools started these institutional loan programs when third party private student lenders began terminating their partnerships with for-profit schools following the credit crash. “Piling It On:...
“Four LabXpress facilities have been ordered closed and the owners fined for operating without a state-issued license,” according to Connecticut Health I-Team. Operations in New Britain, Manchester, Wethersfield and West Hartford were ordered closed by the state Department of Public Health for collection and storing blood samples at an unlicensed facility, the I-Team reported...
Connecticut Consumer Protection Commissioner Jerry Farrell Jr. will be our guest Tuesday night on the Watchdog New Hour at www.ontheHORN.com. Farrell, who was part of the former Republican administration, will soon be leaving office as he will be replaced by William M. Rubenstein, an anti-trust lawyer and a former assistant attorney general. Farrell will...