October 16, 2023 - Hartford Business Journal

Economy & Labor

🔒Liberal arts education will equip students for AI-driven workforce

No surprise, but the future of work is here.The influx of artificial intelligence, bots and automation has changed everything we know about how work is done.Some jobs are disappearing, new ones emerging; all accelerated by the global pandemic.At the present rate of change, 69 million jobs will be created and 83 million jobs destroyed over […]

Manufacturing

🔒Tool-storage manufacturer’s new CEO Blaisdell plans to expand beyond aerospace

Pith Products, an Ashford-based small manufacturer of custom tool storage, management and packaging products, will seek to...

Education

🔒New UConn Waterbury leader Hoeft to oversee Brass City campus expansion

When Fumiko Hoeft first arrived as interim director of the University of Connecticut’s Waterbury campus in May...

Economic Development

🔒Struggling CT malls eye multifamily housing to fill empty retail space

Two Connecticut mall operators are seeking to convert part of their properties to multifamily housing, as they...

Economic Development

🔒State Bond Commission approves funding for major CT development projects

The state Bond Commission recently approved $1.6 billion in funding for transportation and economic development projects across...

Economy & Labor

🔒With COVID-19 emergency orders lifted, employers use light-touch workplace precautions

When Connecticut saw a jump in COVID-19 cases in September, Abby M. Warren, a partner at law...

Cannabis

🔒Former Curaleaf exec Jonsson carves out new path in CT’s growing cannabis industry

After more than four years working at one of the world’s largest cannabis companies, Patrik Jonsson has...

Economic Development

🔒Hartford’s Lexington Partners poised for ambitious growth/big projects despite loss of founder

Lexington Partners founder Martin Kenny built thousands of apartments in Connecticut and had hundreds more in various...

Insurance

🔒Insurers spend billions to deploy generative AI systems, departments, while keeping humans ‘in the loop’

The impact of generative AI on insurance companies, operating in one of the most highly regulated industries, is expected to be profound, but the risk-averse industry is proceeding with caution.

Insurance

🔒As insurers embrace AI, they must also monitor ‘hallucinations’

While insurers are using generative AI to become more efficient, they’re also accounting for new risks of error.

Accounting

🔒For accountants, AI’s benefits are starting to add up

Artificial intelligence is more than just a fancy calculator, and for accountants, it has the potential to significantly increase efficiency and reduce hours of mundane tasks.

Insurance

🔒Aureus Analytics’ AI subscription service gives insurance agencies insights into customer satisfaction

Customer churn is a concern in every service industry. Even the most loyal customers won’t tolerate a brand if they’ve had several bad experiences with it, according to a PwC survey. The insurance sector is no exception.

Economy & Labor

🔒How to keep your employees healthy from the pitfalls of excessive screen time

Whether your team members are working in the office, remotely or doing a little bit of both,...

News

🔒Meet Connecticut’s top healthcare industry power players

Check out who made the top 25 list.

Health Care

Yale New Haven, Hartford HealthCare continue to dominate market share, while CT health systems record steep financial losses

Connecticut’s two largest health systems continue to dominate market share in the state, and their lead is...

Economic Development

Prominent Waterbury developer could pay $1M for city to take over massive ruined factory site

Prominent Waterbury-based attorney, broker and developer Norman Drubner paid $3 million for a 310,000-square-foot manufacturing complex on 6 acres by the Naugatuck River in Waterbury, planning to eventually build apartments.

Banking & Finance

CT banks shed nearly 7% of deposits in 12 months

Federally insured banks in Connecticut lost nearly 7% of their deposits over the last year, mirroring a...

October 16, 2023Edition

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