Latest The Hartford Headlines
All the headlines from our The Hartford Topic Page, ordered by recency.
The Hartford’s Biggest Stakeholder Wants to Split Up the Firm
Feb 13 2012 // The Hartford Financial Services Group’s biggest stakeholder is not happy with its stock price and wants The Hartford CEO Liam McGee to do “something drastic,” including splitting up the company’s...
Companies Partner to Offer New Elevator Insurance Program
Feb 9 2012 // JM Associates/Burnham + Company, a division of Hub International Northeast, announced today that The Hartford will now be the general liability carrier for its national elevator program. The new product will provide...
The Hartford Reports $127M Q4 Profit, Down 79% From One Year Ago
Feb 7 2012 // Hartford Financial Services Group reported $127 million for its 2011 fourth-quarter net income, down 79 percent from one year ago when the company posted $619 million profit. Results were hurt by higher net capital losses...
Hartford Financial to Sell Life Private Placement Unit for $117.5M
Dec 6 2011 // Hartford Financial Services Group is selling all assets of its Hartford Life Private Placement unit to Philadelphia Financial Group Inc. for $117.5 million. Hartford Life Private Placement, based in Florham Park, N.J.,...
The Hartford Names New Chief Risk Officer
Oct 26 2011 // The Hartford Financial Services Group has appointed Robert Rupp, 58, as executive vice president and chief risk officer, reporting to the company’s Chairman, President and CEO Liam McGee. Rupp assumes the role on...
Ratings Recap: HSB, Southern General/Green Star, DAKOTACARE
Oct 14 2011 // A.M. Best Co. has upgraded the financial strength rating (FSR) to A++ (Superior) from ‘A+’ (Superior) and the issuer credit ratings (ICR) to “aa+” from “aa-” of The Hartford Steam Boiler...
United Valley Insurance Selected to Offer The Hartford’s AARP Insurance Program
Oct 13 2011 // The Hartford Financial Services Group, Inc., has made its AARP-branded auto insurance program available through United Valley Insurance in Fresno, Calif. The Hartford is offering the AARP-branded auto insurance program...
The Hartford Says Its Balance Sheet is Strong
Oct 11 2011 // At an investor meeting on Oct. 6, The Hartford Financial Services said the company has “significantly enhanced” its financial risk management and believes its balance sheet is strong. The company also announced...
The Hartford Plans Staff Cuts; Sells Subrogation Services Unit Trumbull
Oct 5 2011 // The Hartford Financial Services Group said it is expecting to implement a small staff reduction in coming months as part of its ongoing effort to streamline operations. The company didn’t specify exactly how many...
The Hartford Introduces Management Liability Policy For Healthcare Organizations
Sep 29 2011 // The Hartford has introduced Private Choice Encore for Healthcare Organizations, a management liability policy that offers coverage for directors and officers; employment practices; fiduciary liability; kidnap and ransom;...
The Hartford Launches Data Breach Coverage For Small Businesses
Sep 19 2011 // While data breaches at large companies continue to dominate the headlines, breaches involving smaller businesses are also on the rise. According to a 2011 report from Verizon Business of more than 760 data breaches...
The Hartford Launches Auto, Home Program for National Wildlife Federation
Sep 13 2011 // The Hartford will provide the National Wildlife Federation’s four million members, partners and supporters with access to its auto and home insurance through a special program that offers discounted rates in most...
The Hartford Warns Q3 Disaster Losses Up Due to Irene
Sep 12 2011 // Insurer Hartford Financial Services Group warned Monday that its third-quarter catastrophe losses would be substantially higher than a year earlier, mostly as a result of last month’s Hurricane Irene. The Hartford,...
The Hartford Q2 Profit Hit by Asbestos Charges, Tornado Losses
Aug 4 2011 // As it warned earlier, Hartford Financial Services Group saw its profit fall in the second quarter due to large catastrophe losses and a charge to increase asbestos reserves. Overall, The Hartford reported a net profit of...
Group Captive Chooses The Hartford As Insurer
Jul 28 2011 // Affinity Insurance Ltd., a casualty lines group captive owned by 290 companies, has selected The Hartford as its insurance carrier for workers’ compensation, commercial auto and general liability. Captive Resources,...
Hartford Hit with Q2 Catastrophe, Asbestos Losses
Jul 14 2011 // Hartford Financial Services Group Wednesday warned it will badly miss second-quarter expectations after severe losses on natural disasters and a charge to increase its asbestos reserves. Hartford, one of three insurers to...
The Hartford Launches Auto, Home Program For Sierra Club Members
Jun 3 2011 // The Hartford will now provide the Sierra Club’s 1.4 million members and supporters with access to its auto and home insurance through a program that will offer discounted rates in most states. The Hartford’s...
The Hartford Shedding Bank Used for TARP Bailout
May 23 2011 // The Hartford is divesting Federal Trust Bank, the Florida thrift it acquired in 2009 in order to receive federal bailout money as part of the Troubled Asset Relief Program (TARP). Davenport, Florida-based CenterState Banks...
The Hartford Introduces Marine Policy For Modern Warehouse Logistics Operations
Apr 22 2011 // The Hartford Financial Services Group, Inc. has introduced a marine policy designed specifically for modern warehouse logistics operations involved in the transport and storage of their customers’ property. The...
A.M. Best Revises Outlook for The Hartford
Apr 12 2011 // A.M. Best Co. has revised the outlook to stable from negative and affirmed the issuer credit rating (ICR) of “bbb+” of The Hartford Financial Services Group, Inc. A.M. Best also has affirmed the financial...
