State regulators say PHL’s finances are too impaired for a traditional rescue, pointing instead to liquidation backed by guaranty funds as they weigh potential lawsuits.

The insurer said it expects to use net proceeds for share repurchases and to support operations and other corporate purposes.

The modification, for 2026 sustainment and on-site support, brings the total cumulative value of the contract to $215.4 ...

As 2026 begins, Hartford HealthCare takes over the financially struggling Manchester Memorial and Rockville General hospitals ...

Danish energy company Ørsted has filed a legal challenge to the Trump administration’s suspension of the Revolution Wind ...

J.P. Morgan Wealth Management has named John Pannozzo Regional Director for the Hudson Metro region. He will lead financial ...

Connecticut Children’s Medical Center has named longtime banker and community advocate James Fanelli as chair of the Connecticut Children’s Foundation Board of Directors.

Blue Jay Orchards, a 122-acre orchard in Bethel, has sold for $4.1 million, according to brokers who represented the seller. Mille Mele LLC, controlled by Alex Covino of Ridgefield, and […] ...

A prohibition-themed speakeasy in downtown Hartford will close after a final New Year’s Eve celebration tonight, with plans to reopen in 2026 under new ownership. Melissa Melonson, founder and CEO […] ...

Ascend was formed when Guilford Savings Bank merged with Eastern Connecticut Savings Bank in October and rebranded itself.

The state Department of Motor Vehicles has installed 36 electric vehicle charging stations at six branch locations statewide. The Level 2 charging stations are now operational at DMV branches in […] ...

Stamford Health has purchased a 0.71-acre vacant parcel for $2.5 million, according to a brokerage firm that represented the ...