Latest The Hartford Headlines
All the headlines from our The Hartford Topic Page, ordered by recency.
The Hartford Ordered to Pay $20M to Auto Body Shops
Jun 11 2013 // 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...
The Hartford Reports $241M Q1 Loss Mainly Due to One-Time Charges
Apr 30 2013 // Hartford Financial Services Group Inc. posted a net loss of $241 million for its 2013 first quarter, compared to net profit of $96 million reported during the first quarter of 2012. The latest quarterly net loss was mainly...
The Hartford Appoints Chief Claims Officer
Apr 25 2013 // 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...
The Hartford Expands Construction Group
Mar 28 2013 // The Hartford has enhanced its Construction Group capabilities by bring together its underwriting, claims management and loss control facilities and adding construction underwriters in key markets across the U.S. These...
Small Biz Owners Were Hit Hard By Sandy Outages, The Hartford Finds
Mar 21 2013 // 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...
Best Affirms Hartford and Subs Ratings; Downgrades Hartford Life Companies
Mar 5 2013 // A.M. Best Co. has removed from under review with negative implications and downgraded the financial strength ratings (FSR) to ‘A-‘ (Excellent) from ‘A’ (Excellent) and the issuer credit ratings...
The Hartford Offers Programs for Municipalities, Public Entity Risk Pools
Mar 4 2013 // The Hartford has expanded its commercial property practice to offer insurance programs for the public entity sector, with a particular emphasis on public entity risk pools, as cities and counties seek ways to manage...
The Hartford Restates Q3; Full-Year 2012 Bottom Line Reverses To A Loss
Mar 1 2013 // On Friday, March 1, The Hartford announced that it filed an amended Form 10-Q with the U.S. Securities and Exchange Commission to restate its third-quarter 2012 results — a change that turned a previously reported net...
The Hartford Posts $46M Q4 Net Loss; $350M in Sandy Loss Reported
Feb 5 2013 // 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,...
The Hartford CEO McGee Returns After Surgery
Jan 14 2013 // 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...
The Hartford Completes Sales of Retirement Plans, Individual Life and New Annuity Units
Jan 3 2013 // The Hartford said it has completed the sales of three businesses, closing on agreements for the sale of Retirement Plans to Massachusetts Mutual Life Insurance Co. and Individual Life to The Prudential Insurance Co. of...
Looking Back at Insurance News of 2012: The Year’s Biggest Stories
Dec 31 2012 // With less than a day left until the end of the year, here’s a look back at some of the biggest property/casualty insurance news stories in 2012 that impacted the Northeast region, in chronological order: Top Investor...
MetLife Taps Attorney From The Hartford as New General Counsel
Dec 18 2012 // MetLife Inc. announced Ricardo Anzaldua will join the company as general counsel, effective this week. He will report to CEO Steven Kandarian and become a member of MetLife’s executive group. Based in New York,...
The Hartford to Pay $81K in Restitution for Auto Claims in Vermont
Dec 13 2012 // The Vermont Department of Financial Regulation says the Hartford Financial Services Group has agreed to pay more than $81,000 in restitution to Vermont customers whose auto insurance claims were improperly evaluated. The...
The Hartford Says Sandy Losses $370 Million
Dec 11 2012 // Insurer Hartford Financial Services Group Inc said on Tuesday it expects pretax losses of $370 million from Superstorm Sandy, which ravaged New York and New Jersey in October. The Hartford said 60 percent of the losses...
Hartford CEO McGee Says ‘Undoubtedly Weather Has Changed’
Dec 7 2012 // The Hartford Financial Services Group CEO Liam McGee said his company’s gross losses from Superstorm Sandy may hit the reinsurance deductible of $350 million. Speaking at the Goldman Sachs Financial Services...
AIG Acquires The Hartford’s Financial Advisory Group Woodbury
Dec 3 2012 // American International Group Inc. has acquired broker-dealer Woodbury Financial Services Inc. from The Hartford. The companies signed an agreement for the acquisition on July 31, 2012. Woodbury Financial Services is now...
Paulson Hedge Fund Cuts Holdings in Hartford Financial Services
Nov 15 2012 // Billionaire hedge fund manager John Paulson cut his third and fourth biggest portfolio holdings and made a bigger bet on a gold mining firm, according to a regulatory filing released on Thursday. New York-based hedge fund...
The Hartford’s Q3 Profit Soars; CEO Calls Hurricane Sandy ‘Manageable Exposure’
Nov 2 2012 // The Hartford Financial Services Group reported $401 million profit for its third quarter, up from $60 million profit posted during the same period one year ago. CEO Liam McGee said the Hartford generated strong...
Prudential to Pay $615 Million for Hartford’s Life Insurance Unit
Sep 28 2012 // Prudential Financial Inc. will buy the individual life insurance business of Hartford Financial Services Group Inc. for $615 million in cash, the companies said on Thursday. Prudential said the deal would add scale to its...
