Finance

Watch Out For Utility Scams In Connecticut

June 15, 2016
By

Utility scams are on the rise again according to the Department of Consumer Protection.  As we move into summer, and increase our usage of air conditioning, scammers are taking advantage of individual consumers and businesses by scaring them into thinking they will have their electricity turned off. According to information submitted to the agency,...

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Restaurants Hide What Grade Of Beef They Are Selling

June 6, 2016
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Do you know what grade of beef your favorite restaurant steak is — select, choice, or prime?  You probably don’t know because most restaurant menus give you a bum steer by keeping some or all quality grades secret. That’s the conclusion of a review of menus from 17 national restaurant chains released today by ConsumerWorld.org. Key findings...

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Feds Propose To End Payday Debt Traps

 The Consumer Financial Protection Bureau (CFPB) today proposed a rule aimed at ending payday debt traps by requiring lenders to take steps to make sure consumers have the ability to repay their loans. The proposed rule would also cut off repeated debit attempts that rack up fees. These strong proposed protections would cover payday...

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Ct Lawmakers Press For Thorough Review Of Two Health Insurance Mergers

May 25, 2016
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Ct Lawmakers Press For Thorough Review Of Two Health Insurance Mergers

By Patricia Daddona Seventeen lawmakers are asking the state’s insurance commissioner for a fair and thorough review of two pending colossal health insurance mergers and a study on how they could affect Connecticut jobs. “The proposed Anthem–Cigna and Aetna–Humana mergers are likely to have a negative impact on both the cost and quality of...

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