The Greater Hartford insurance sector and state agencies are joining forces with the U.K. government to launch a trans-Atlantic “corridor” with the aim of fostering closer business ties between Connecticut and Britain.
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Currently Reading Best place on the planet to be in the insurance business : Insurance jobs staying in CT amid pandemic
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A view from Bushnell Park of The Hartford’s headquarters building at One Hartford Plaza, at center, in Hartford, Conn.File photo
HARTFORD The prospect of a takeover of a Connecticut-based insurance giant sparked worries in the past few weeks among many elected officials about such a deal potentially sparking layoffs.
But that scenario no longer looms after insurance multinational Chubb last week called off its efforts to buy The Hartford. In turn, a number of public officials are expressing renewed confidence about the future of Connecticut’s insurance industry, which has sustained fewer job losses in the past year than nearly every other sector.