Latest The Hartford Headlines
All the headlines from our The Hartford Topic Page, ordered by recency.
The Hartford Net Income Down 19% in Q4
Feb 7 2023 // The Hartford reported a 19% drop in fourth quarter net income compared to the same period last year, while core earnings outpaced Q4 2021 by 7%. Fourth quarter net income available to common stockholders reached $584...
People Moves: The Hartford Names Dominioni as Northeast Sales Chief; Plymouth Rock Home Appoints Switchenko; Sayata Adds Gidron to R&D
Jan 20 2023 // 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...
Financial Stress Harming Workers’ Mental Health: The Hartford
Dec 16 2022 // New research by The Hartford finds 63% of U.S. workers feel their financial stress has increased over the past year, and 56% say their financial stress negatively impacts their mental health. Younger workers, who are more...
Q3 Net Income Down 30% at The Hartford; $214M in Ian Losses
Oct 31 2022 // Compared to the same window last year, net income at The Hartford was down during the third quarter of 2022 – but core earnings were up during what the company’s CEO described as a strong stretch. Third quarter...
The Hartford Partners With Earthwatch on Pollinator Program
Apr 22 2022 // 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...
Healthy, Happy Employees
Feb 21 2022 // This issue reveals data from Insurance Journal’s annual Agency Salary Survey. While maintaining competitive compensation packages is a critical step in attracting and retaining the best talent, employers must not...
The Hartford Q4 Net Income Rises 36% on Commercial Lines Growth
Feb 4 2022 // Net income at the The Hartford for the fourth quarter 2021 ended at $729 million, a 36% increase from income of $537 million the same period a year earlier. For the year, net income was about $2.37 billion compared to...
Appeals Court Clears The Hartford on Most BP Oil Spill Cleanup Workers’ Injury Claims
Jan 20 2022 // Navigators Insurance, part of The Hartford, does not have to cover most medical and injury claims from 2,000 workers who cleaned beaches after the 2010 BP oil spill in the Gulf of Mexico, a federal appeals court decided...
Run-Off Specialist Premia Acquires Navigators Holdings (Europe) from The Hartford
Dec 29 2021 // Bermuda-based reinsurance run-off specialist Premia Holdings Ltd. announced it has completed the acquisition from Hartford Financial Services of Navigators Holdings (Europe) NV and its subsidiaries, which include...
The Hartford Agrees to Pay $787M to Settle Boy Scouts Sexual Abuse Claims
Sep 15 2021 // The Hartford announced a new agreement in the Boy Scouts of America (BSA) bankruptcy in which it will pay $787 million for sexual abuse claims under policies mostly issued in the 1970s. The new agreement supersedes a prior...
The Hartford Reports Q2 Net Income Up 94%; Boasts ‘Superb’ P/C Results
Jul 29 2021 // The Hartford today announced it earned $900 million in net income in the second quarter of this year, a 94% jump from second quarter 2020. Core earnings of $836 million were up 91% from second quarter 2020. “Our...
CEO Swift Optimistic About The Hartford’s Position as Economic Recovery Begins
May 3 2021 // The Hartford CEO Christopher Swift expressed confidence that the property/casualty insurer has weathered the worst of the COVID-19 pandemic and that related concerns about business interruption claims have become...
CEO Swift Optimistic About The Hartford’s Position as Economic Recovery Begins
Apr 23 2021 // The Hartford CEO Christopher Swift expressed confidence that the property/casualty insurer has weathered the worst of the COVID-19 pandemic and that related concerns about business interruption claims have become...
People Moves: The Hartford’s McKenna to Falvey; Safety National Hires Kostro
Apr 20 2021 // Falvey Insurance Group Appoints McKenna as Chief Underwriting Officer Falvey Insurance Group has hired Mike McKenna, formerly of The Hartford, as chief underwriting officer to oversee the underwriting for its group...
The Hartford Offers $650M to Settle Boy Scouts Abuse Claims
Apr 16 2021 // The Hartford disclosed it has agreed to pay $650 million to settle sexual abuse claims against the Boy Scouts of America associated with policies mostly issued in the 1970s. According to the insurer, the agreement is with...
Allianz Privately Mulls Counteroffer for The Hartford After Chubb’s Offer
Mar 28 2021 // Chubb Ltd.’s $23 billion takeover offer for Hartford Financial Services Group Inc. has prompted Germany’s Allianz SE to study the feasibility of a counteroffer, according to people familiar with the...
The Hartford Rejects Chubb’s $23 Billion Buyout Offer
Mar 23 2021 // The Hartford today announced that its board of directors has unanimously rejected rival insurer Chubb’s unsolicited proposal to acquire The Hartford for $23.24 billion. The Hartford said its board determined that...
Chubb Bids for Significant Scale Including The Hartford’s ‘Crown Jewel’
Mar 19 2021 // Five years ago, Evan Greenberg led ACE’s nearly $30 billion acquisition of Chubb, morphing Chubb into its current status as a global property/casualty insurance giant he continues to guide as CEO. Now, the insurer is...
Why Its Bid for The Hartford Is a Personal Lines ‘Chess’ Move by Chubb
Mar 19 2021 // While Chubb’s $23.2 billion opening bid for The Hartford appears to be mostly a commercial lines play to many observers, one experienced industry observer has a different take on it. Chubb CEO Evan Greenberg would...
The Hartford Q4 Profit Dips Slightly on COVID Life Insurance Claims
Feb 5 2021 // Fourth quarter profit at The Hartford dipped slightly due in part to COVID-related group life insurance claims. Fourth quarter 2020 net income came in at $532 million, down 2% from fourth quarter 2019. Fourth quarter...
