A week after withdrawing a tender offer to acquire United Insurance Holdings, shareholders of Farmington-based FMG Corp. have agreed to a merger between the two companies.

Fitch Ratings has revised its ratings outlook on The Hartford from stable to negative, citing “material exposure to troubled credits in its asset portfolio” and a previously disclosed expectation of a deferred acquisition charge in the third quarter.

Citigroup’s agreement today to acquire the banking operations of Wachovia Corp., in a deal coordinated by the Federal Deposit Insurance Corp., will more than triple Citi’s presence in the state.

Hartford law firm Izard Nobel has filed a lawsuit seeking class action status on behalf of all U.S. purchasers of securities issued by Canadian Imperial Bank of Commerce.

Two leading players, in efforts to devise a financial system bailout bill, said Monday they hope for quick passage of a newly fashioned version, with checks and balances on the executive branch, which they said should make it palatable enough for fellow lawmakers still hearing vocal criticism from their home districts.