By The Hartford Life Insurance Company - Docket Number LH 08-120, Continental General Insurance Company - Docket Number LH 08-112 and Oxford Life Insurance Company - Docket Number LH 08-113
Connecticut Insurance Commissioner Thomas R. Sullivan announced today that consumers harmed by Thomas Cipriano’s actions would receive compensation totaling nearly $483,000.00
Commissioner Sullivan reminds consumers that ratings are part of the insurance industry and downgrades at companies happen from time to time. Although the Phoenix Group experienced a downgrade last week, their core business remains solid and has the ability to continue to meet policyholder obligations.
Governor Rell recently announced that the state Banking and Insurance departments have the following toll-free hotlines available to answer questions and field complaints.
