Read the documents behind Massachusetts officials' pursuit of Aetna's headquarters - Insurance News | InsuranceNewsNet

InsuranceNewsNet — Your Industry. One Source.™

Sign in
  • Subscribe
  • About
  • Advertise
  • Contact
Home Now reading Newswires
Topics
    • Advisor News
    • Annuity Index
    • Annuity News
    • Companies
    • Earnings
    • Fiduciary
    • From the Field: Expert Insights
    • Health/Employee Benefits
    • Insurance & Financial Fraud
    • INN Magazine
    • Insiders Only
    • Life Insurance News
    • Newswires
    • Property and Casualty
    • Regulation News
    • Sponsored Articles
    • Washington Wire
    • Videos
    • ———
    • About
    • Meet our Editorial Staff
    • Advertise
    • Contact
    • Newsletters
  • Exclusives
  • NewsWires
  • Magazine
  • Newsletters
Sign in or register to be an INNsider.
  • AdvisorNews
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Exclusives
  • INN Magazine
  • Insurtech
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Video
  • Washington Wire
  • Life Insurance
  • Annuities
  • Advisor
  • Health/Benefits
  • Property & Casualty
  • Insurtech
  • About
  • Advertise
  • Contact
  • Editorial Staff

Get Social

  • Facebook
  • X
  • LinkedIn
Newswires
Newswires RSS Get our newsletter
Order Prints
August 22, 2017 Newswires
Share
Share
Post
Email

Read the documents behind Massachusetts officials’ pursuit of Aetna’s headquarters

MassLive.com

Aug. 22--A "dynamic research core" in Cambridge, Mass. A sector focused on digital health. A top recipient of funding from the National Institutes of Health, behind only California.

Those are some of the highlights from a presentation, put together by Massachusetts officials and sent to top people at Aetna when the insurance company was deciding where to relocate.

The presentation surfaced after MassLive made a public records request for documents detailing the state's pursuit of Aetna.

Massachusetts in June lost out to New York.

But the presentation and other emails offer a look at how Massachusetts economic development court a company. MassLive made a similar request last year for documents laying out the state's successful attempt to draw in General Electric.

The public records request also turned up an additional presentation pointing to 10 breweries and seven distilleries; museums in Boston, Worcester and North Adams; and Logan Airport having 75 non-stop destinations in the US, with 60-minute flights to New York City and 90-minute flights to Washington, D.C.

That presentation repeatedly mentioned that Massachusetts Gov. Charlie Baker hasn't raised taxes while working with a cabinet and Legislature that includes Democrats.

"Under state law, income tax rates automatically decline based on revenue growth targets," the presentation notes.

"Taxation: Stable and Business-Friendly," the title of one slide said.

In 2015, Aetna had expressed unhappiness with Connecticut Gov. Dannel Malloy seeking a corporate tax increase, and the Baker administration, in its early months, took note.

Massachusetts Lt. Gov. Karyn Polito sent an email to fellow administration officials that said, "There's an article in Hartford Courant about raising taxes- and response from AETNA Travellers and GE. Would be nice to welcome more insurers to MA!"

The presentations and offers to Aetna from Gov. Baker and his chief of economic development, Jay Ash, are available below.

___

(c)2017 MassLive.com, Springfield, Mass.

Visit MassLive.com, Springfield, Mass. at www.masslive.com

Distributed by Tribune Content Agency, LLC.

Older

Business owners are putting the future of their companies at risk

Newer

Revised Medical Criteria for Evaluating Neurological Disorders; Correction

Advisor News

  • A rising retirement challenge: The license to spend
  • Financial stress leaves less room for retirement saving
  • Giving while you’re living: 3 frequently asked questions about gifting
  • Helping clients prepare for one of their biggest retirement expenses
  • Important year-end financial conversations every advisor must have
More Advisor News

Annuity News

  • A rising retirement challenge: The license to spend
  • What lower interest rates mean to annuity payouts
  • AM Best downgrades A-Cap insurers amid financial and regulatory troubles
  • Lawsuit claims Delaware Life hid billions in insurer-linked investments
  • AM Best to Deliver Presentation at 2026 ACLI Annual Conference
More Annuity News

Health/Employee Benefits News

  • Confusion and angst follow state’s early rollout of Medicaid work rules
  • Duluth Therapist Accused of 27,430 False Medicaid Claims in $2.25 Million Scheme
  • AAA: Time to evaluate Medicare coverage
  • Healthcare workers see rising insurance costs Healthcare workers face soaring health insurance costs
  • Franklin County Seeks Case Aide for Children and Youth Services
Sponsor
More Health/Employee Benefits News

Life Insurance News

  • Study Results from Cornell University in the Area of Insurance Reported (Regulatory Competition In the Us Life Insurance Industry): Insurance
  • AM Best Comments on Issuer Credit Ratings of Pacific Life Insurance Company’s Commercial Paper Following Amendment to Program
  • AM Best Affirms Credit Ratings of Protective Life Corporation and Its Key Subsidiaries
  • ICICI Life Insurance names Sidharatha Mishra managing director, CEO
  • Lawsuit alleges companies collected $30 million in ‘illegal wager on human life’
Sponsor
More Life Insurance News

NEWS INSIDE

  • Companies
  • Earnings
  • Economic News
  • INN Magazine
  • Insurtech News
  • Newswires Feed
  • Regulation News
  • Washington Wire
  • Videos

FEATURED OFFERS

Press Releases

  • Lauren Sinnott Named to Ragan’s Top Women in Marketing Awards, Class of 2026 
  • Classic Car Insurer OpenRoad Insurance Expands to 40 U.S. States in Two Years
  • How Aspire General Turned an Early Technology Bet Into Claims Automation at Scale with Kyber
  • Adjusto launches AI-Native contents claims services powered by its technology platform
  • URL Insurance Group Celebrates 40 Years of Service, Growth, and Industry Leadership
More Press Releases > Add Your Press Release >

How to Write For InsuranceNewsNet

Find out how you can submit content for publishing on our website.
View Guidelines

Topics

  • Advisor News
  • Annuity Index
  • Annuity News
  • Companies
  • Earnings
  • Fiduciary
  • From the Field: Expert Insights
  • Health/Employee Benefits
  • Insurance & Financial Fraud
  • INN Magazine
  • Insiders Only
  • Life Insurance News
  • Newswires
  • Property and Casualty
  • Regulation News
  • Sponsored Articles
  • Washington Wire
  • Videos
  • ———
  • About
  • Meet our Editorial Staff
  • Advertise
  • Contact
  • Newsletters

Top Sections

  • AdvisorNews
  • Annuity News
  • Health/Employee Benefits News
  • InsuranceNewsNet Magazine
  • Life Insurance News
  • Property and Casualty News
  • Washington Wire

Our Company

  • About
  • Advertise
  • Contact
  • Meet our Editorial Staff
  • Magazine Subscription
  • Write for INN

Sign up for our FREE e-Newsletter!

Get breaking news, exclusive stories, and money- making insights straight into your inbox.

select Newsletter Options
Facebook Linkedin Twitter
© 2026 InsuranceNewsNet.com, Inc. All rights reserved.
  • Terms & Conditions
  • Privacy Policy
  • InsuranceNewsNet Magazine

Sign in with your Insider Pro Account

Not registered? Become an Insider Pro.