Hartford Financial News

People Moves: Massaro Joins Hartford in Northeast; Alliant Adds Spina in New York

The Hartford, headquartered in Hartford, Connecticut, appointed Matthew Massaro head of sales and underwriting for its middle and large commercial businesses’ Northeast division. Massaro has been with The Hartford for over 25 years, most recently serving as regional vice president …

People Moves: The Hartford Names Dominioni as Northeast Sales Chief; Plymouth Rock Home Appoints Switchenko; Sayata Adds Gidron to R&D

The Hartford Names Dominioni Head of Northeast Sales and Underwriting for Middle and Large Commercial The Hartford has appointed Hank Dominioni head of sales and underwriting for its middle and large commercial businesses’ northeast division. Dominioni will lead sales and …

The Hartford Partners With Earthwatch on Pollinator Program

The Hartford said it is partnering with Earthwatch, an international environmental organization, on a citizen-science project to document pollinators with the goal of understanding if key species are declining and how climate change may be affecting pollinator populations. One area …

Insurers Refuse to Pick Up Bill for Billions in Opioid Claims

A multibillion-dollar bill is coming due for the U.S. opioid epidemic and insurers for some of the largest drug makers, distributors and pharmacies are refusing to help pay for it. A Delaware Supreme Court ruling in January has emboldened insurers …

Restaurateur Sues The Hartford, Seeking Coverage for Coronavirus Business Interruption

A well-known California restaurateur has filed a lawsuit against a unit of The Hartford, seeking a declaration that the owner’s commercial insurance policy covers losses caused by a statewide business shutdown ordered to prevent the spread of coronavirus. The lawsuit, …

Hartford’s Q3 Net Income Rebounds, Rising 21% to $524 Million

The Hartford’s net income rebounded during the third quarter, rising 21% from Q3 2018 to $524 million, partly due to lower current accident year catastrophes, a lower group disability loss ratio and higher net investment income, the company said. The …

Costs of Buying Navigators Hit The Hartford’s Q2 Results

Major insurer The Hartford saw its net income fall and its commercial lines combined ratio spike during the 2019 second quarter, due in part to costs associated with its $2.1 billion acquisition of specialty insurer Navigators Group. Second quarter 2019 …

Lowell Joins The Hartford to Head Small Business Innovation Lab

The Hartford has appointed Christopher Lowell to lead its Small Business Innovation Lab, which will design and test new products and business models to meet the needs of The Hartford’s small business customers. “The lab is part of the company’s …

The Hartford Profit Up 32% in Q3

The Hartford reported third quarter 2014 net income totaled $388 million, up 32 percent from $293 million in third quarter 2013. The insurer said core earnings were $477 million for the three months ended Sept. 30, 2014, up 15 percent …

Hartford Reports Third Straight Quarterly Profit

Hartford Financial Services Group Inc. weathered a tough winter to achieve its third straight quarterly profit with first-quarter net income of $495 million, compared to a $241 million loss for the first quarter last year. Core earnings in property/casualty operations …