Andrew Larson

linkedin
https://www.hartfordbusiness.com/
alarson@hartfordbusiness.com
860-236-9998 x 121
Andrew joined the Hartford Business Journal as web editor in May 2022 after working as a reporter at the Republican-American, a daily newspaper in Waterbury, for 13 years. In addition, he completed two summer internships at the Republican-American in college. He has a degree in English from Bucknell University and has lived in Connecticut for most of his life.
Energy

🔒PURA grants UI nearly $68M rate hike, wipes out English Station penalties

Connecticut’s utility regulator has approved a nearly $68 million rate increase for United Illuminating, granting the electric company that serves the New Haven and Bridgeport areas additional revenue and erasing all financial penalties tied to its failure to clean up a contaminated former power plant.
Energy

🔒Solar bill draws business support, cost warnings as lawmakers weigh clean energy overhaul

Connecticut’s major energy companies are backing a proposed overhaul of the state’s clean energy incentive programs — but with strings attached, as they raise concerns about ratepayer costs and program design.
Real Estate & Construction

Luxury Home Sales: Contemporary home in Westbrook sells for nearly $3.3M

Here's a listing of recent luxury home sales in Hartford, Middlesex and Windham counties.
Legal & Courts

🔒Litigation funder to pay restitution after operating in CT without license

CapexMD, which advances cash to personal injury plaintiffs, charged interest rates above the state's 12% cap and refused to cooperate with investigators, regulators say.
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Economic Development

🔒Developer eyes 60-unit apartment complex in Manchester

A South Windsor developer is asking Manchester planning officials to consider a multifamily residential complex on Hillstown Road that could bring more than 60 apartments to a three-parcel site straddling the Manchester-East Hartford town line.
Economic Development

🔒Allied Printing’s $15M expansion in Manchester approved; 50 new jobs expected

Manchester’s Planning and Zoning Commission on Tuesday unanimously approved Allied Printing Services’ plan to construct a 68,000-square-foot addition to its Tolland Turnpike headquarters.
Banking & Finance

Avon financial adviser indicted on fraud charges tied to $3.3M ‘free-riding’ scheme

An Avon investment adviser who previously founded an autism-focused financial planning firm has been indicted on federal fraud charges stemming from an alleged scheme that cost three financial services companies more than $3.3 million.
Telecommunications

Charter wins PURA approval for Cox deal, pledges to maintain CT HQ

A state regulator on Tuesday approved Charter Communications Inc.’s acquisition of Cox Communications Inc.’s Connecticut subsidiaries, clearing a major state hurdle for a deal that would create the nation’s largest cable and broadband provider by subscriber count.
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Insurance

🔒Nassau Financial Group takes equity stakes in 2 insurtech startups

Hartford-based financial services firm Nassau Financial Group has taken equity stakes in two insurtech startups — a Connecticut asset management technology company and a genomics-based health navigation firm.
Bioscience

🔒Rallybio to merge with San Diego biotech in deal backed by $505M in financing

New Haven-based Rallybio Corp. has agreed to merge with a San Diego biotechnology company in a deal backed by more than $505 million in new investor financing that will effectively end Rallybio’s run as a standalone public company.
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