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Federal and state authorities are being urged to do more to help families in Connecticut who struggle to afford utility bills.

Home Equity Helping People Build Household Wealth

Nov 24, 2016
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Mitchell Hartman

Remember the housing crisis? Well, for many American homeowners, it’s now squarely in the rear-view mirror. A report from RealtyTrac finds that the percentage of homeowners who are underwater — meaning they owe more on their mortgage than their home is worth — has fallen to about 10 percent. It was 28 percent at its peak in 2012. The main reason: home prices have been rising, for years, helped by low mortgage rates. So homeowners have been able to build wealth through the equity they have in...

Cigna

Cigna CEO David Cordani took the stand Tuesday in the anti-trust case against his company’s proposed merger with fellow health insurer Anthem. Some of the tensions between the two merger partners were on display as both Cordani and Anthem CEO Joe Swedish were questioned.

Before you pass that gravy this Thanksgiving, you may want to make sure you got what you paid for. Food giant Heinz is voluntarily recalling hundreds of cases of gravy just ahead of turkey day due to jars being possibly mislabeled. The labeling mishap was for Heinz HomeStyle Bistro Au Jus Gravy. The jars in question were inadvertently labeled Heinz Pork Gravy and may contain milk and soy. The Food and Drug Administration issued an alert via Twitter citing "undeclared milk and soy" in the...

Cigna / Cigna

Anthem and the U.S. Justice Department faced off in court Monday arguing over whether the insurer’s plans to buy Bloomfield-based Cigna threaten anti-trust issues.

Ryan Caron King / WNPR

Connecticut introduced the country's first-ever mattress recycling program in 2015.

The Connecticut Mirror

Access Health CT, the state’s health care exchange, said its hoping to grow enrollment next year, despite challenges over rates, competition, and access. Open enrollment in health care plans for 2017 begins on Tuesday, November 1. If people want their plans to start on January 1, they must be enrolled by December 15.

Telecom giant AT&T has reached an $85.4 billion deal to buy media titan Time Warner. The news of this transformational merger has shaken up both industries, raising eyebrows on Wall Street and drawing criticism from lawmakers and even the presidential campaigns . The deal is expected to face stringent scrutiny from regulators: the Department of Justice, which considers antitrust laws, and potentially also the Federal Communications Commission, which broadly weighs whether deals are in the...

Slawomir Fajer/iStock / Thinkstock

A prominent physicians group in Connecticut and health insurer Anthem face a deadline this week to reach an agreement to keep the doctors within the insurer’s network. The brinksmanship of this particular face-off is attracting the attention of lawmakers.

Patrick Skahill

Patients and caregivers seeking the opioid-reversal drug naloxone can now get the medication without a doctor’s prescription. That’s thanks to a state law that went into effect one year ago allowing pharmacists to prescribe and dispense the drug.

It has been a common belief that low-emissions vehicles, like hybrids and electric cars, are more expensive than other choices. But a new study finds that when operating and maintenance costs are included in a vehicle's price, cleaner cars may actually be a better bet. The cars and trucks we drive are responsible for about a fifth of greenhouse gas emissions in this country. That's why Jessika Trancik , an energy scientist at the Massachusetts Institute of Technology, decided it was time to...

The carcinogen often referred to as the "Erin Brockovich chemical" is present in about two-thirds of the drinking water across the country, according to water testing data from the Environmental Protection Agency.

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This Saturday, more than 1,300 museums across the country will offer free admission as part of Smithsonian magazine's annual Museum Day Live!

When you shop for cleaning supplies, brightly colored bottles advertise stain-removing powers or "whiter whites." But it’s hard to get clear information about what the chemical ingredients could do to your health or the environment. The Environmental Protection Agency is hoping to change that.

If you're like me, somewhere in your house you imagine there must be a pile of lost white iPhone earbuds. The pile is probably right next to the stack of single socks. It's one of several reasons I never liked wireless Bluetooth headphones. They're smaller and even easier to lose. But, if the rumors are true — and most likely they are — Apple is about to get rid of the headphone jack on its latest smartphone, the iPhone 7, and tip the scales toward wireless Bluetooth headphones. The company...

Mary Anne Williams

Your home is one of your biggest investments, but some Connecticut residents are seeing that investment crumble because of failing foundations . This hour, we find out what the state is doing to help those whose homes and futures are -- quite literally -- falling apart beneath them.

Alex Prolmos / Flickr Creative Commons

The U.S. Justice Department recently filed two lawsuits to block mega-mergers that would reduce the number of the nation’s largest health insurance companies from five to three. The larger of the two multi-billion dollar mergers is a takeover of Connecticut-based Cigna by Indiana-based Anthem.

Sage Ross / Creative Commons

Connecticut-based health insurer Aetna is calling off its public insurance exchange expansion plans for next year as it becomes the latest big insurer to cast doubt on the future of a key element of the Affordable Care Act.

Maudib/iStock / Thinkstock

Connecticut's Department of Insurance is holding public hearings this week on double-digit rate increases requested by the state's health insurers for the 2017 coverage year. The increases would affect more than 100,000 residents insured by three companies.

Fuse / Thinkstock

Single-family home sales in Connecticut rose a bit over four percent in June, according to the latest report from The Warren Group , a banking and real estate trade publisher.

President Obama is expected to sign a federal GMO labeling bill into law soon. This would nullify Vermont's labeling law, as well as laws passed by Connecticut and Maine that have not been enacted yet — effective immediately.

Office of Gov. Dannel Malloy

Connecticut Insurance Commissioner Katharine Wade contended she has no conflict of interest that would prevent her from overseeing a proposed merger between Anthem and Bloomfield-based Cigna.

Sage Ross / Creative Commons

The Department of Justice is reportedly preparing to block two large insurance industry mergers that involve Connecticut-based companies Aetna and Cigna.

Citing "a culture of deeply-rooted corporate arrogance," New York, Massachusetts and Maryland have filed civil lawsuits against Volkswagen, accusing the automaker of violating those states' environmental laws when it sold cars under the "clean diesel" label that were actually rigged to trick emissions tests. New York Attorney General Eric T. Schneiderman and Massachusetts Attorney General Maura Healey announced the lawsuits Tuesday, along with Maryland Attorney General Brian Frosh. The...

Mary Anne Williams

Your home is one of your biggest investments, but some Connecticut residents are seeing that investment crumble because of failing foundations . This hour, we find out what the state is doing to help those whose homes and futures are -- quite literally -- falling apart beneath them.

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