Latest The Hartford Headlines
All the headlines from our The Hartford Topic Page, ordered by recency.
Gulino to Lead The Hartford’s Middle/Large Commercial Insurance Central Division
Oct 8 2020 // Bob Gulino has been appointed as head of The Hartford’s Central Division for the company’s middle and large commercial insurance business. Gulino now leads the sales and underwriting operations for the...
Legacy Reinsurer Premia Agrees to Buy Navigators Holdings (Europe) from The Hartford
Oct 5 2020 // Bermuda-based reinsurance run-off specialist Premia Holdings Ltd. has agreed to acquire Navigators Holdings (Europe) NV and its associated companies from The Hartford. Navigators’ associated companies are...
Businesses Urge U.S. Insurers to Stop Insuring, Investing in Fossil Fuel Producers
Sep 18 2020 // A group of about 60 American businesses on Thursday urged their insurers to stop providing coverage to and investing in fossil fuel producers. In a letter, companies including outdoor-gear producer Patagonia and ice-cream...
The Hartford Achieves Q2 Profit; Next Up Is Cutting Jobs, Investing in IT to Trim Expenses
Jul 31 2020 // The Hartford emerged from the second quarter’s COVID-19 related challenges with an overall profit and a plan to reduce expenses through “headcount reductions,” information technology investments and other...
Castel Acquires Dutch Marine Business from The Hartford
Jul 17 2020 // Castel Underwriting Europe B.V. has agreed to acquire the renewal rights for a Navigators Europe book of predominantly of Dutch marine cargo, inland hull, land-based equipment and liability business from The...
The Hartford Names Stepnowski Chief Investment Officer as Johnson Retires
Jul 1 2020 // The Hartford has appointed Amy Stepnowski to the positions of chief investment officer of The Hartford and president of Hartford Investment Management Co. (HIMCO), effective Aug. 1. She will succeed Brion Johnson who will...
The Hartford Hires Steinberg as Head of Wholesale Property for Navigators
Jun 19 2020 // The Hartford has hired William H. Steinberg as head of wholesale property for Navigators, a brand of The Hartford. Steinberg reports to Vince Tizzio, head of the Global Specialty business at The Hartford. As head of...
The Hartford, AARP Extend Member Insurance Program to 2033
Jun 8 2020 // The Hartford has extended its long-standing auto and home insurance program for AARP members until Jan. 1, 2033. The Hartford’s program has been endorsed by the retired persons’ association for 35 years. Since...
The Hartford Reports Q1 Net Income Drop; Minor Coronavirus Impact Thus Far
May 4 2020 // The Hartford’s 2020 first-quarter numbers are yet another example of the coronavirus pandemic not yet affecting underwriting results in a major way. But net income took a big hit. First-quarter net income came in at...
Restaurateur Sues The Hartford, Seeking Coverage for Coronavirus Business Interruption
Mar 27 2020 // 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...
What Small Business Wants
Mar 9 2020 // Small business doesn’t mean small-in-size when it comes to the commercial insurance market. Direct written premiums ranged between $99 billion and $103 billion in 2013, up from $91 billion in 2011, according to...
The Hartford’s 2019 Acquisition of Navigators Pays Off
Feb 5 2020 // The Hartford closed out 2019 with gains in net income and net investment income, buttressed in part by its $2.1 billion acquisition of specialty insurer Navigators Group last May. Net income hit $543 million, or $1.49 per...
The Hartford Joins Insurers Limiting Fossil Fuel Investments, Underwriting
Dec 23 2019 // The Hartford became the latest insurance carrier to cut back on business it does with the fossil fuel industry out of concern over climate change. The company announced it will no longer insure or invest in companies that...
Hartford’s Q3 Net Income Rebounds, Rising 21% to $524 Million
Nov 6 2019 // 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...
Costs of Buying Navigators Hit The Hartford’s Q2 Results
Aug 5 2019 // 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...
The Hartford Adds Cybersecurity Training to Cyber Offering for Businesses
May 31 2019 // The Hartford has partnered with Mimecast, an email and data security company, to offer Mimecast Awareness Training services designed to help customers reduce the risk of a cybersecurity incident before it occurs. According...
Hartford to Close on $2.1 Billion Acquisition of Navigators on May 23
May 16 2019 // The Hartford said it has received all regulatory approvals needed to complete its acquisition of specialty insurer Navigators Group on May 23. “This acquisition is a significant milestone for our company and...
Look Who Is Betting on the Agency System
Feb 15 2019 // According to some pundits, buyers should all be online and the agency system should be dead by now. However, it appears not everyone got that memo. Here are some recent examples of companies, techies and investors betting...
Hartford Revamps Specialty Commercial, Middle Market Before Navigators Closing
Feb 4 2019 // The Hartford announced the new operating model and organizational structure that will be effective upon the closing of its pending acquisition of specialty insurer The Navigators Group, which it expects to finalize in late...
Who’s Investing in the Agency System
Jan 21 2019 // According to some pundits, the agency system should be dead by now. However, it appears not everyone got that memo. Here are some recent examples of companies, techies and investors putting their money where their mouth is...
