The Hartford reported a 93% increase in third quarter net income to $645 million driven by results in its commercial lines segment. The Hartford, Connecticut-based insurer said third quarter net income in commercial lines grew more than 80% to $519 …
The Hartford said it expanded its digital capabilities with new submission and quote Application Programming Interfaces (APIs), and portal options for agents and brokers who write midsize and large businesses. The new capabilities save time, provide faster turnaround, and increase …
Even after putting through 20% rate hikes over the course of this year, The Hartford needs another round of similar magnitude next year, the insurance company’s leader said recently. The Hartford’s auto book won’t turn a profit until 2025, Chief …
The Hartford said second quarter net income was $542 million, an increase of 23% compared with the same period a year ago, driven by written premium growth of 12% in commercial lines. Net income from commercial lines was $458 million, …
The Hartford announced new leadership appointments in sales and distribution across multiple lines of business in support of the company’s growth and innovation plans. Hayes Henderson has been promoted to head of sales and relationship management for group benefits, succeeding …
Two weeks before its officially set to announce earnings, The Hartford previewed first-quarter net income and underwriting results, revealing that net income will grow to $530 million, in spite of booking $185 million in catastrophe losses. The net income figure …
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 million, compared to $724 …
The Hartford Names Shields Chief Sustainability Officer The Hartford has appointed Terence Shields to the newly created role of chief sustainability officer. Shields will lead the Office of Sustainability as it guides overall environmental, social and governance (ESG) strategy, initiatives …
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 2022 net …
The Hartford said Doug Elliot will retire as the company’s president effective Dec. 31, after more than 11 years with the company. “Doug was instrumental in expanding the company’s suite of products, developing industry-specific verticals within our property/casualty business and …
