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Hartford, 3 Other Insurers Seek to Buy Thrifts to Obtain Bailout Funds

National News • November 17, 2008
Four insurance companies on Friday asked the government to allow them to buy thrifts so they can qualify to receive federal money under the financial rescue program. Hartford Financial Services ...

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Subject: RE: RE: Last Gasp

Posted On: November 19, 2008, 1:01 am CST
Posted By: Ex Hartford
Comment:
Beg to differ, I disagree with your take on Hartford's problems. I left there in May of this year and I can assure you that in Middle Market we were not underpricing business. It was rare that we won on price and we had to quote a pretty large # of accounts to be able to write new business.

Select Customer, however, might be a different story. I know their pricing there seemed low but they have been running a combined ratio in the 80's for years in small commercial. Hartford's small business segment has basically been a money factory for them for the better part of a decade.

Hartford and low pricing usually don't go together. In fact if I heard that certain companies were being asked to quote (Cincy, CNA, many regionals) I'd usually decline to quote as I knew my opportunity was limited.
Subject Posted By Posted On
HARTFORD BAILOUT Gwen
Nov 13, 2009, 1:49 pm
The only Wacko is you... another guy named Rick
Nov 20, 2008, 9:36 am
RE: RE: RE: I want that deal Wacko-puncher
Nov 19, 2008, 2:02 pm
RE: RE: Last Gasp Ex Hartford
Nov 19, 2008, 1:01 am
RE: Last Gasp Beg to differ
Nov 18, 2008, 1:14 pm
Last Gasp Ex Hartford
Nov 18, 2008, 10:29 am
RE: RE: Sherbet of Brainiac milo
Nov 18, 2008, 9:22 am
RE: RE: I want that deal another guy named Rick
Nov 18, 2008, 9:05 am
RE: Sherbet of Brainiac Anon
Nov 18, 2008, 8:34 am
RE: RE: Remember the Days? Pete
Nov 17, 2008, 4:20 pm
Tax man is coming..... Warning
Nov 17, 2008, 2:46 pm
RE: RE: Sherbet of Brainiac Jon the Agent
Nov 17, 2008, 2:39 pm
RE: Sherbet of Brainiac Ralph
Nov 17, 2008, 1:40 pm
Another government program One opinion
Nov 17, 2008, 1:26 pm
Sherbet of Brainiac noman
Nov 17, 2008, 1:04 pm
RE: RE: Remember the Days? milo
Nov 17, 2008, 1:04 pm
RE: I want that deal MMG
Nov 17, 2008, 1:00 pm
RE: I want that deal Gerbert of Aurillac
Nov 17, 2008, 12:47 pm
I want that deal Elliott Spitzer
Nov 17, 2008, 12:32 pm
RE: RE: Remember the Days? mathboy
Nov 17, 2008, 12:22 pm
RE: RE: Remember the Days? Where's my bailout??
Nov 17, 2008, 12:21 pm
RE: Remember the Days? Joe
Nov 17, 2008, 12:12 pm
Remember the Days? Old Agent
Nov 17, 2008, 11:37 am
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