The Hartford News

Hartford Revamps Specialty Commercial, Middle Market Before Navigators Closing

The Hartford announced the new operating model and organizational structure that will be effective upon the closing of its pending acquisition of specialty insurer The Navigators Group, which it expects to finalize in late March or April. Navigators operations, along …

Insurers Agree to Help Cover Some Connecticut Crumbling Foundation Costs

Two insurance companies have agreed to provide a total of $10.5 million to help Connecticut homeowners cover the cost of repairing and replacing crumbling foundations, officials said Tuesday. The state has reached separate agreements with The Hartford and Liberty Mutual …

The Hartford Acquires Sharing Economy Insurance Specialist Y-Risk

The Hartford has purchased Y-Risk, a managing general underwriter that specializes in serving sharing and on-demand economy risks, from Allstar Financial Group, an Atlanta-based holding company with multiple specialty managing general agencies across the country. Unionville, Connecticut-based Y-Risk’s customer mix …

Connecticut College Savings Plan Accounts Breached, $1.4M Taken

State Treasurer Denise Nappier announced Wednesday that 21 Connecticut Higher Education Trust college savings accounts were recently breached, resulting in more than $1.4 million in unauthorized withdrawals. Nappier said her office was advised of the breach by TIAA-CREF Tuition Financing …

The Hartford and Travelers Among Companies Offering Bonuses Due to New Tax Law

Hartford, Conn.-based The Hartford and New York City-headquartered Travelers confirmed they are among several companies giving their employees bonuses of $1,000 each if they earn $75,000 or less annually as a result of what U.S. Treasury Secretary Steven T. Mnuchin …

Startups Selected for Inaugural InsurTech Acceleration Program in Hartford

Hartford InsurTech Hub, an initiative established in 2017 by Hartford, Conn.-based insurance companies, the city of Hartford and CTNext, has selected the 2018 group of 11 startups that will participate in its inaugural acceleration program, The InsurTech Accelerator. Hartford InsurTech …

The Hartford Names Bush to Head Personal Lines

The Hartford has announced that Stephanie Bush, who has led small commercial since July 2014, will expand her responsibilities to include oversight for personal lines. She replaces Ray Sprague, who is retiring after a 30-year career with The Hartford. Bush …

Connecticut’s The Hartford Promotes Bush to Oversee Personal Lines

The Hartford has announced that Stephanie Bush, who has led Small Commercial since July 2014, will expand her responsibilities to include oversight for Personal Lines. She replaces Ray Sprague, who is retiring after a 30-year career with The Hartford. Sprague …

Insurtech Startup Debuts with $6M and Proactive Cyber Risk Product

A California insurtech startup with a new cyber product has launched today to offer brokers and their clients what it calls “redesigned insurance, with cyber security expertise at its core.” Mountain View, Calif.-based At-Bay launched out of stealth mode along …

Connecticut’s The Hartford Recognized for Sustainability Efforts

The Hartford has been recognized for its leadership status by the CDP, formerly called the Carbon Disclosure Project, and has been named to the 2017 Dow Jones Sustainability Indices (DJSI). This is the 10th year The Hartford’s sustainability efforts and …