September 22, 2008
As Losses Mount for Insurers, More Proposals for a National Solution Emerge Neither Gustav nor Ike walloped the property/casualty insurance industry the way Katrina did but there is still concern in insurance and reinsurance circles over the cumulative effect of …
July 31, 2008
The Hartford Financial Services Group Inc. has proposed a far-reaching new plan – one that includes mandatory flood insurance, IRA-like catastrophe accounts, subsidized premiums for homeowners and a federal reinsurance program – that it says would better protect coastal homeowners …
July 29, 2008
Hartford Financial Services Group Inc.’s earnings fell in the second quarter, hurt by claims from tornado damage. Operating earnings fell 9 percent to $696 million. Net income for the second quarter was down 13 percent to $543 million, from $627 …
January 27, 2008
Property casualty insurance insiders predicted 2008 will be a year of marginal growth as continued pricing competition will keep premiums low and profits lower — although that could quickly worsen if a natural catastrophe strikes. Those predictions — which follow …
January 14, 2008
Property casualty insurance insiders predicted 2008 will be a year of marginal growth as continued pricing competition will keep premiums low and profits lower, although that could quickly worsen if a natural catastrophe strikes. Those predictions – which follow two …
August 6, 2007
The Hartford Financial Services Group Inc. announced it has reached a settlement with the New York, Connecticut and Illinois attorneys general resolving matters relating to their investigations of the compensation arrangements between the insurer and its property/casualty agents and brokers. …
August 6, 2007
The Hartford Financial Services Group Inc. announced it has reached a settlement with the New York, Connecticut and Illinois attorneys general resolving matters relating to their investigations of the compensation arrangements between the insurer and its property/casualty agents and brokers. …
July 27, 2007
The Hartford Financial Services Group, Inc. reported second quarter 2007 net income of $627 million, or $1.96 per diluted share, a 32 percent increase over the second quarter 2006. The Hartford’s core earnings in the second quarter of 2007 were …
July 23, 2007
The Hartford Financial Services Group Inc. has named Thomas M. Marra to the newly created position of president and chief operating officer. Marra, currently a member of the company’s board of directors and president and chief operating officer of Hartford …
July 23, 2007
The Hartford Financial Services Group, Inc. announced it has reached a settlement with the New York, Connecticut and Illinois Attorneys General resolving matters relating to their investigations of the compensation arrangements between the insurer and its property-casualty agents and brokers. …