hartford News

Hartford, CNA Post Drops in Q2 Net Income

Second quarter earnings at The Hartford fell to $437 million – about 51% less than the same period a year ago. Hartford said it booked a $485 million before-tax change from net realized gains to net realized losses during Q2. …

Texas Power Company Says Hartford Has Duty to Defend Uri Suits

A Texas generation and transmission cooperative is suing its insurer for failing to defend the company against multiple lawsuits stemming from 2021 Winter Storm Uri. Golden Spread Electric, a G&T cooperative based in Amarillo, claims breach of contract, declaratory judgment …

People Moves: Brown & Brown Welcomes Zurich’s Batta; Hartford’s Vaughn to Global Specialty; Chubb Names Spitzer Treasurer, Harkin North America CFO

Brown & Brown Names Batta, Raveling, Kusserelis to Key Posts Brown & Brown, a national insurance brokerage firm, has elevated three people to senior leadership positions, the company announced. Anurag Batta, who previously was chief operating officer at Zurich North …

Run-Off Specialist Premia Acquires Navigators Holdings (Europe) from The Hartford

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 property/casualty insurer Assurances Continentales NV (known as ASCO), located in Belgium, and its …

Pandemic Brings Shift in Younger Workers’ Views of Employee Benefits

The coronavirus pandemic has led to a greater emphasis on employee benefits that help people plan for unexpected life events and provide financial protection, according to a study by The Hartford. The Hartford’s Future of Benefits Study found that 40% …

Insurtech Demo Day 2020

Just a week shy of our Virtual Insurtech Summit, to air Wednesday, May 6th, I attended the virtual Demo Day of the Hartford Insurtech Hub on Tuesday, April 28th. As the host for our upcoming Summit, I’ve spent time with …

Worldwide Facilities, Inc. Opens New Office in Hartford, CT

Hartford, CT, June 16, 2015 – Worldwide Facilities, Inc., a nationwide leader in the wholesale insurance industry, is proud to announce the opening of its new office location in Connecticut. This new location will help the company expand its services …

Missouri’s High Court Favors Insured in Question of Policy Ambiguity

Is a person hired to perform seasonal, part-time tasks for a company owner, based on a referral from an employee of the company, an employee or a temporary worker? It depends, according to Missouri’s high court justices, and if there’s …

Allianz Seeking ‘Takeover Gems’ in Post-crisis Financial Wreckage

Allianz SE, Europe’s biggest insurer, will proceed with caution as it searches for takeover gems among the jetsam washed up by the financial market storm. The German group has said it is ready to come out of its shell to …

Low-Cost Online Commercial Lines Quoting Tool for P/C Agents Launched

The launch of a real-time commercial lines rater that gives agents access to a handful of large carriers was announced today by a division of Networked Insurance Agents. MyNTrack, a division of Grass Valley, Calif.-based Networked, integrates with the technology …