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CIGNA disability-claims dispute leads to $77 million settlement

 May 22, 2013; Updated: 5:26 pm

The CIGNA Group has agreed to set aside $77 million and pay the state significant fines to settle claims that it improperly denied long-term disability claims or terminated payments.
Insurance...

TVC says new upgrades will speed Internet service to customers in the region

 May 22, 2013; Updated: 11:42 pm

Groton - Thames Valley Communications announced this week that it has finished upgrades that will bring faster Internet service to its coverage area including Gales Ferry, Groton, Mystic, Stonington and Pawcatuck.

The privately...

State weighs raising tax on digital products

 May 22, 2013; Updated: 11:42 pm

Hartford - Connecticut residents may soon have to pay more to download an app, e-book or iTunes song.

Some Democratic state lawmakers are proposing to raise the 1 percent tax on such products to match the state's 6.35 percent sales...

Survey shows state businesses getting export savvy

 May 22, 2013; Updated: 12:28 pm

A weak domestic economy has encouraged a sharp rise in the number of Connecticut companies that are seeking markets overseas, according to a survey released today by the Connecticut Business & Industry Association.

Norwalk Harbor power plant shutting down

 May 22, 2013; Updated: 11:42 pm

The owner of the oil power plant at Norwalk Harbor said Tuesday that it will be closing the facility June 1 since prices in the region's energy market have been too low to justify keeping it open.
NRG,...

Department warns of bogus invoices

 May 22, 2013; Updated: 11:42 pm

Bogus invoices are back.

Last June, the state Department of Consumer Protection investigated a company that sent invoices to government agencies, municipalities, schools, and businesses for technology maintenance services that were neither...

Mohegan exec says states' tourism dollars well spent

 May 22, 2013; Updated: 11:54 pm

Relying on data prepared by the Connecticut Office of Tourism, Mitchell Etess, the Mohegan Tribal Gaming Authority chief executive, said the state’s “Still Revolutionary” marketing campaign has helped the state's leisure and...

Massachusetts developments speeding up for local casinos

 May 21, 2013; Updated: 11:56 pm

Much of the big news related to Connecticut's Indian-owned casinos now emanates from Massachusetts, where Foxwoods Resort Casino and Mohegan Sun are waging all-in campaigns to sell casino projects in Bay State towns.

Backus earns Joint Commission gold seal

 May 21, 2013; Updated: 7:12 pm

The accreditation award recognizes the hospital’s dedication to continuous compliance with The Joint Commission’s state-of-the-art standards.

IRS will close for furloughs

 May 21, 2013; Updated: 11:46 pm

The Internal Revenue Service will be closed May 24, June 14, July 5, July 22 and Aug. 30 when IRS employees will be furloughed. All IRS offices, including all toll-free hot lines, the Taxpayer Advocate Service and the agency's nearly 400...

Foxwoods job fair scheduled Wednesday

 May 21, 2013; Updated: 11:03 pm

Foxwoods Resort Casino will host a summer job fair Wednesday as it seeks to fill seasonal positions in its food and beverage department. The fair will take place from 2 to 6 p.m. in the casino's Grand Ballroom.

Job candidates will have the...

Local entrepreneur provides web, video marketing services

 May 19, 2013; Updated: 11:49 pm

James Nicholas launched his Internet marketing company 15 years ago at age 15. Now Jimmy Marketing has 10 employees and 500 clients.

Mutual Funds: 'Shocked' financial advisers and investors change paths, for the worse

 May 19, 2013; Updated: 11:42 pm

So now we know that "shell-shocked" was an appropriate description for how investors felt when the financial crisis of 2008 made their portfolios implode.

The question is whether the response was appropriate.

According to research...

Estate & Tax council elects officers

 May 19, 2013; Updated: 11:42 pm

At its May annual meeting, the Estate & Tax Planning Council of Eastern Connecticut elected new officers and one new board member for the 2013-14 year: President, Alison Woods, director of gift planning, Community Foundation of Eastern...

Dinosaur Place, Nature’s Art consolidate brand

 May 19, 2013; Updated: 11:42 pm

Representatives of The Dinosaur Place and The Shops at Nature's Art in Montville have established Nature's Art Village as the company's new consolidated umbrella brand.

Nature's Art Village will serve as a home to not only The Dinosaur...

Business briefs - May 19, 2013

 May 19, 2013; Updated: 11:42 pm

Charter Oak Federal Credit Union has named Todd Cooke as its new Mortgage Officer, originating residential mortgages in New London and Windham counties.

Cooke, a Danielson resident, has more than a decade's worth of experience...

Sequestration policy among those impeding growth, economist says

 May 18, 2013; Updated: 11:17 am

The U.S. economy appears to be pretty resilient, despite government fiscal policies such as sequestration that are a huge drag on growth, a senior economist for Moody’s Analytics said Friday at the Sheraton Hartford South Hotel.

Burned-out Westerly antiques shop to reopen today

 May 18, 2013; Updated: 11:58 pm

Bruce Miner, co-owner of the store with wife Lois, said this week that his 22-year-old business had no fire insurance but he had been able to resurrect the store in smaller quarters thanks to the help of the community.

CBIA speaker touts regionalization savings

 May 18, 2013; Updated: 11:55 pm

Rocky Hill - Local governments in Connecticut could save millions of dollars annually by creating partnerships to share costs in areas such as emergency dispatch services, health services and public pensions, a leading policy analyst said...

Valenti wins Chamber's top award

 May 18, 2013; Updated: 11:55 pm

Robert Valenti Jr. of Pawcatuck, who runs automobile dealerships in two states and has been active on local boards and commissions, has been named the Greater Westerly-Pawcatuck Area Chamber of Commerce's Citizen of the Year.

In addition,...

Scient Credit Union names new VP

 May 18, 2013; Updated: 11:55 pm

Stephen Jacoby has been named vice president of business development at Groton-based Scient Federal Credit Union, previously known as Ledge Light Federal Credit Union.

Jacoby will report directly to Cheryl Donaj, vice president of retail...

Pfizer closing Irish plant

 May 18, 2013; Updated: 11:55 pm

Pfizer Inc. has announced the closure of an Irish production plant that will lead to 136 job cuts.

The New York-based drug giant said the closure of its Little Island manufacturing plant in Cork was the result of "changing global demand"...

Burned-out antiques store reopens in new location in Westerly

 May 17, 2013; Updated: 3:40 pm

Westerly — An antiques store burned out of a space on Commerce Street after a March fire will reopen Saturday at 33 High St.
A grand re-opening celebration will occur from 10 a.m. to 5 p.m. at...

Mystic Art Association to buy Emporium

 May 17, 2013; Updated: 11:55 pm

Mystic - The Mystic Art Association is planning to buy the historic Emporium building on Water Street late this summer.

Bill Middleton, treasurer of the art association's board of directors, and Evan John Nickles, co-owner of The...

State gains in jobs omit New London County

 May 17, 2013; Updated: 12:19 am

The state Department of Labor released a report Thursday showing that the Norwich-New London region recorded a loss of 200 positions between March and April.

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