Latest The Hartford Headlines
All the headlines from our The Hartford Topic Page, ordered by recency.
The Hartford Soars on Higher Outlook; Strong Capital Reassures Investors
Dec 5 2008 // Hartford Financial Services Group Inc. shares soared as much as 52 percent Friday after the company boosted its 2008 profit forecast and said it had more than enough capital to withstand significant further deterioration...
Business Moves
Nov 2 2008 // The Hartford, Allianz SE The Hartford Financial Services Group Inc. finalized a $2.5 billion capital investment by Allianz SE. Under the agreement, Allianz purchased, at $31 per share, $750 million of preferred shares...
Risk Managers Report Price Softening; Insurers Battle Surplus Decline
Nov 2 2008 // Property Premiums Fall Sharply; P/C Insurers Post Q3 Losses; Some Sell Stock to Raise Cash for Surplus Woes Risk managers report that commercial policy renewal prices are continuing to drop even as insurers are battling a...
The Hartford’s Q3 Loss Reported at $2.6 Billion
Oct 30 2008 // Hartford Financial Services Group Inc. joined other insurers in reporting a loss in the third quarter due to large investment losses and catastrophe claims. The Hartford reported a third quarter 2008 net loss of $2.6...
The Hartford Closes on $2.5 Billion Investment from Allianz SE
Oct 20 2008 // The Hartford Financial Services Group, Inc. has finalized a $2.5 billion capital investment by Allianz SE. Under the agreement, Allianz has purchased, at $31 per share, $750 million of preferred shares convertible to...
Why The Hartford Took a Hit on Wall Street
Oct 6 2008 // The Hartford Financial Services Group Inc. lost nearly $9 billion of market value last week as investors fled the financial sector during the worst crisis in decades. “We’ve got contagion right now”...
Allianz Agrees to $2.5 Billion Investment in The Hartford
Oct 6 2008 // The Hartford Financial Services Group, Inc. announced that it will receive a $2.5 billion capital investment from Allianz SE. The agreement came after a tough week on Wall Street for The Hartford. It lost nearly $9 billion...
S&P, A.M. Best Watching The Hartford’s Ratings
Oct 6 2008 // Rating analysts are taking a second look at The Hartford Financial Services Group in light of its recent hit on Wall Street, third quarter investment losses and infusion of outside capital. Analysts at A.M. Best Co. have...
People
Oct 6 2008 // National insurance program administrator Venture Insurance Programs named Michael DeMarco executive vice president for its Preferred Club Program. He will be responsible for the overall success of the insurance program for...
People
Oct 6 2008 // American International Group Inc. (AIG) named Edward M. Liddy as chairman and CEO. He succeeds Robert B. Willumstad. Stephen F. Bollenbach, who was named lead independent director in June 2008, continues in that...
Oct 6 2008 // American International Group Inc. (AIG) named Edward M. Liddy as chairman and CEO. He succeeds Robert B. Willumstad. Stephen F. Bollenbach, who was named lead independent director in June 2008, continues in that...
People
Oct 6 2008 // National insurance program administrator Venture Insurance Programs named Michael DeMarco executive vice president for its Preferred Club Program. He will be responsible for the overall success of the insurance program for...
Oct 6 2008 // Albert Betts, former Texas Commissioner of Workers’ Compensation, joined Thompson Coe Cousins & Irons LLP as a partner in the Insurance Law and Governmental and Legislative Advocacy Sections, effective Oct. 1,...
The Hartford Names Three Execs to Senior Posts
Sep 17 2008 // The Hartford Financial Services Group Inc. announced new appointments for three of its senior executives. Effective immediately, Dan Brown will take on the new role of senior vice president of Industry Markets; Juan...
The Hartford Unveils National Coastal Home Insurance Plan
Jul 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...
Man Sentenced for Stealing Furniture from The Hartford
Jul 10 2008 // A Connecticut business owner has been sentenced to one year of home confinement for participating in a scheme to steal furniture from The Hartford Insurance Company. Terrance Healy of Windsor, was sentenced Tuesday in...
The Hartford, Whalen Insurance Offer Brew Pub Program
Jun 18 2008 // With a history dating back to the Colonial Era, America’s craft brewers and brewpubs have earned an iconic position as one of the nation’s quintessential – and earliest – categories of independent...
How Hartford-Progressive Alliance for Banks Works
Jun 4 2008 // Agents submitting community bank risks to the new alliance between The Hartford and Progressive should expect to work with underwriters from each carrier but the companies promise quick turnaround. According to the...
The Hartford, Allianz, Aflac Named Among World’s ‘Most Ethical’ Firms
Jun 4 2008 // Three insurance industry giants now boast the title as “one of the world’s most ethical companies,” according to a Ethisphere, a think-tank dedicated to the research and promotion of profitable best...
The Hartford, Progressive, ABA Team up for Community Bank Program
Jun 2 2008 // The New Alliance Can Handle Banks With up to $5 Billion in Assets but the ‘Sweet Spot’ is up to $2 Billion Agents submitting community bank risks to the new alliance between The Hartford and Progressive should...
