Latest The Hartford Headlines
All the headlines from our The Hartford Topic Page, ordered by recency.
The Hartford: Texas Cities Are ‘Drivable’ but Improvements Are Needed
Apr 13 2010 // Despite incidents of road rage and complaints from a core group of heavy drivers, Texas residents generally believe their cities are “drivable,” with at least 60 percent in each of the major cities of Dallas,...
The Hartford Executive Andrade Explains Restructuring Impact on Agents
Apr 5 2010 // The Hartford Financial Services Group has unveiled a new “customer-centric” growth strategy that it says will help unlock the value of its books of business in property/casualty as well as life insurance. The...
The Hartford to Restructure for Growth, Target Small to Medium Accounts
Apr 2 2010 // Hartford Financial Services Group Inc. will restructure itself under a plan to reignite growth by courting small- and medium-sized businesses as clients and reining in risk. The announcement of the plan comes a day after...
The Hartford Returns Taxpayers’ Funds
Apr 1 2010 // The Hartford Financial Services Group, Inc. said it has repaid the U.S. government for its bailout by repurchasing all of The Hartford’s preferred shares issued to the U.S. Department of Treasury under the Capital...
Best Affirms Hartford’s ICR – Outlook Negative; Other Ratings Affirmed
Mar 29 2010 // A.M. Best Co. affirmed the issuer credit rating (ICR) of “bbb+” of The Hartford Financial Services Group, Inc. with a negative outlook. The rating agency also affirmed the FSRs of ‘A’ (Excellent)...
The Hartford To Repay TARP Money
Mar 17 2010 // The Hartford said it would conduct a public offering of equity and debt securities as part of a plan to repay the $3.4 billion it took from the federal government as part of the Treasury’s Capital Purchase Program,...
Swift Named Finance Chief at The Hartford
Feb 17 2010 // The Hartford Financial Services Group Inc. has named Christopher Swift as chief financial officer and executive vice president. Swift most recently served as vice chairman and CFO of American Life Insurance Co., and has...
Watchdog Criticizes Bailout Loans to Insurers The Hartford, Lincoln National
Dec 14 2009 // The participation of two big insurers in the $700 billion financial rescue contradicted the goals of the government program, according to a bailout watchdog. The inclusion of Hartford Financial Services Group Inc. and...
The Hartford Enhances Cyber-Liability Policy
Nov 11 2009 // The Hartford is offering broader coverage for data privacy breaches and social media liability exposures as part of its cyber liability policy, the company said. “We’re seeing widespread adoption of social...
The Hartford Reports 3Q Loss
Nov 4 2009 // The Hartford Financial Services Group reported a third quarter net loss of $220 million, compared with a net loss of $2.6 billion in the year-ago period. Written premiums for The Hartford’s property/casualty...
Bank of America’s McGee Named New CEO by The Hartford
Oct 19 2009 // Hartford Financial Services Group Inc. named a former Bank of America Corp. executive to be its new CEO, and he already has plans to introduce enhanced risk management after record losses at the 199-year-old insurer. Liam...
Bank of America’s McGee Named New CEO by The Hartford
Sep 30 2009 // Hartford Financial Services Group Inc. named a former Bank of America Corp. executive to be its new CEO, and he already has plans to introduce enhanced risk management after record losses at the 199-year-old insurer. Liam...
Concannon To Head The Hartford’s P/C Sales & Distribution Organization
Aug 21 2009 // The Hartford Financial Services Group, Inc. (NYSE: HIG) announced today that the company has promoted Michael Concannon, 47, has been promoted to executive vice president of The Hartford Financial Services Group’s...
The Hartford to Return $48 Million in Florida Workers’ Comp Profits
Aug 12 2009 // Florida officials said that Hartford Financial Services Group will issue refunds or credits totaling $48.2 million to Florida businesses for excess profits the insurer earned on policies written from 2004 through 2006. The...
The Hartford Raises $900 Million
Aug 6 2009 // Hartford Financial Services Group Inc., an insurer that received a $3.4 billion government bailout, said on Thursday it had raised $900 million in an equity offering, more than it expected, sending its shares sharply...
Ingram Named Information Officer for The Hartford’s P/C Business
Aug 5 2009 // The Hartford Financial Services Group Inc. has named Robert Ingram senior vice president and chief information officer of its property and casualty operations’ information technology organization. He will focus on...
The Hartford’s Andrade to Keep P/C Unit Disciplined; Focused on Service
Aug 3 2009 // The Hartford Financial Services Group Inc. appointed Juan Andrade, 43, president and chief operating officer of its Property and Casualty Operations, effective immediately. Andrade will continue to report directly to the...
The Hartford Posts Net Loss of $15M in Q2; P/C Combined Ratio at 90.4%
Jul 31 2009 // The Hartford reported a second quarter 2009 net loss of $15 million compared with second quarter 2008 net income of $543 million. Even so, Ramani Ayer, chairman and chief executive officer of The Hartford, said the insurer...
Suit Targets The Hartford’s Handling of Hurricane Wilma Claims in Florida
Jul 29 2009 // A Miami lawyer has filed class action suit against The Hartford alleging the company failed to pay replacement cost on Hurricane Wilma claims to insureds who had purchased the coverage. The suit claims The Hartford refused...
The Hartford Rolls Out AARP Auto Product Through Independent Agents
Jul 21 2009 // The Hartford Financial Services Group Inc. is now offering AARP-branded auto insurance through select, authorized independent agents. Previously, the insurance was only available directly from The Hartford by phone,...
