The Hartford Financial Services reported first quarter 2023 net income of $535 million, nearly a 21% increase over $443 million a year ago. In the company’s property/casualty segments, results were carried by net income of $421 million in commercial lines …
The Hartford Financial Services Group has named Ray Sprague executive vice president, Personal Lines, effective immediately. Sprague will report to Doug Elliot, president of The Hartford. He is based in the company’s Hartford, Connecticut, headquarters.
Hartford Financial Services Group Inc. cut its staff by 16 percent last year as Chief Executive Officer Liam McGee narrowed the insurer’s focus. The insurer had about 18,800 employees as of Dec. 31, a decline of 3,700 from a year …
The Hanover Insurance Group Inc. has named Greg Leffard president of Hanover Professional Portfolio unit, responsible for the company’s errors and omissions (E&O) insurance businesses. Hanover Professional provides professional liability and E&O products for small and mid-sized firms, with specialized …
The Hartford Financial Services Group reported a net loss of $190 million for the 2013 second quarter. The quarterly loss widened compared to the same time a year ago, when the insurer reported a net loss of $101 million. The …
A Connecticut judge has ordered The Hartford insurance company to pay $20 million to auto body shops for an unfair trade practice related to hourly labor rates for vehicle repairs. The judge’s decision last week for punitive damages is in …
The Hartford recently named John Kinney as the company’s chief claims officer and also as president of Heritage Holdings, a unit which oversees The Hartford’s domestic and international property/casualty run-off operations. He succeeds Andrew Pinkes, who recently joined XL Group’s …
Among small business owners in New York, New Jersey and Connecticut who were impacted by Superstorm Sandy, some 71 percent of them experienced power outage after Sandy, which led to temporary disruptions in business operations in many cases, according to …
The Hartford Financial Services Group Inc. reported a net loss of $46 million for the 2012 fourth quarter, in contrast to the fourth quarter of 2011 when the company posted $118 million profit. The Hartford, Conn.-headquartered insurer also announced plans …
The president and chief executive officer of The Hartford Financial Services Group Inc. says he underwent surgery over the holidays to remove a brain tumor. Liam E. McGee sent a letter to employees last Friday saying the procedure went well …
