Adding a teen driver to the family automobile insurance policy drives up rates. That’s true everywhere across the United States, and in Connecticut the increase is among the highest in the nation, almost doubling the policy’s premium.
A new survey reveals that the average premium increase in Connecticut when adding a teen driver to an existing […]
A recent study estimates that the combined value of all land in the contiguous United States is worth nearly $23 trillion. The most valuable state, according to the survey, is California, which accounted for 17 percent of the total value of the 48 bordering states. New Jersey, however, had the most valuable real estate relative […]
After 43 years, the ironically-named Permanent Commission on the Status of Women began the organization’s final newsletter with an ironic observation: “the PCSW had its most successful legislative session ever, celebrating the passage of four bills instrumental in protecting women’s health and safety.”
The PCSW is one of six legislative commissions eliminated in a last-minute […]
The State of Missouri raised a red flag today, waving it directly into the headwind that is the pending merger between health care giants Aetna and Humana. Missouri’s action came just as a public poll was released in Connecticut by consumer advocates opposing the merger which indicated a general lack of public awareness about the […]
Connecticut is ranked second in the nation in the number of millionaires per capita. Only Maryland has more. But with Connecticut’s precarious financial situation amidst what has been described as a “new economic reality,” any drop in the plethora of extremely wealthy residents can almost instantly have far-reaching consequences, officials say.
In Connecticut, as well […]
A local theater helping to re-energize downtown Fairfield and a New London developer and property manager who took it upon himself to improve a neighborhood by offering attractive housing that is also affordable are just two of the initiatives being recognized with a 2016 Award of Excellence from the Connecticut Main Street Center (CMSC).
Connecticut is one of five states providing state residents with the most comprehensive online access to government spending data, according to an analysis by the U.S. Public Interest Research Group (USPIRG).
Nationwide, government spending transparency is improving, but many states still lag far behind, according to “Following the Money 2016: How the 50 States Rate […]
In an analysis highlighted by the Connecticut Institute for the 21st Century, well-known economist Don Klepper-Smith, in a newsletter to clients of economic forecasting consultancy DataCore Partners, is voicing concerns about Connecticut’s economic prospects, short and long-term. His views come as the legislature grapples with approximately a billion dollars in projected deficit, and the Institute […]
If you happen to win a $1.5 billion Powerball lottery jackpot, you’d be well advised to be a resident of one of nine states that do not tax such winnings. Connecticut is not among them.
Connecticut’s take on such a jackpot would be 15th highest in the nation, among the states that do tax such […]
If Connecticut opts to introduce a system of tolls on the state’s roads to help fund a significant expansion of transportation infrastructure projects in the years ahead, the toll system instituted could run the risk of causing an increased use of local roadways that “could shift the burden of maintenance and congestion to municipalities,” and […]
When the Hartford-based Social Enterprise Trust, known as reSET, was among the winners of the U.S Small Business Administration’s Growth Accelerator Competition last year – the only Connecticut organization to do so and one of 80 nationwide – it was not known what earning that designation, and the $50,000 that came with it, would mean […]
Connecticut’s 4th Congressional district, centered in Fairfield Country, has been ranked as the district with the 4th highest level income inequity in the nation. A year ago, the 4th C.D. was ranked fifth.
A ranking of congressional districts of by their level of income inequality, conducted by Bloomberg, uses the Gini coefficient, a formula […]
Across the country, there are 963 institutions designated by the U.S. Department of the Treasury’s Community Development Financial Institutions Fund as having earned CDFI Certification. Seven of them are based in Connecticut’s urban centers, the focus of their financial activities.
CDFIs are specialized community-based financial institutions with a mission to promote economic development by providing […]
It is a once-a-decade event that will feature the President of the United States and other senior administration officials. The White House Conference on Aging (WHCOA), first held a half-century ago and a key driver of federal policy towards the nation’s seniors, will be a conference reliant on digital technology befitting 2015.
Rather than having […]
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