Automatic payments of unclaimed property to be curtailed

Automatic payments of unclaimed property to be curtailed

Connecticut lawmakers passed a bill in the final days the legislative session that will curtail how much money can be automatically returned to people through the state’s unclaimed property program, which sweeps up millions of dollars in uncashed checks, misplaced refunds and long-ignored insurance policies every year. The Connecticut Treasurer’s office has had the power to automatically issue checks to anyone who is owed a piece of unclaimed pr…