Latest The Hartford Headlines
All the headlines from our The Hartford Topic Page, ordered by recency.
People – East
Sep 24 2012 // Marsh & McLennan Cos. appointed J. Michael Bischoff as chief financial officer. Bischoff has been serving as interim CFO since March 2012 when then-CFO Vanessa Wittman resigned to join Google as its Motorola Mobility...
Business Moves – East
Sep 24 2012 // Cook, Hall & Hyde, Maran Corp. Risk Two brokerages in the Metro New York region — Cook, Hall & Hyde and Maran Corporate Risk Associates — announced their intention to enter into a merger agreement. Cook, Hall...
People – Southeast
Sep 24 2012 // The Hartford Financial Services Group has named Matthew Kirk senior vice president of sales and distribution for the company’s commercial markets division. He is based in Hartford, Conn. Kirk joined The Hartford in...
The Hartford Names SVP for Commercial Markets Sales and Distribution
Sep 7 2012 // The Hartford Financial Services Group has named Matthew Kirk senior vice president of sales and distribution for the company’s commercial markets division. He is based in Hartford, Conn. Matthew Kirk Kirk joined The...
The Hartford to Sell Retirement Plan Unit to MassMutual
Sep 5 2012 // The Hartford Financial Services Group Inc. on Tuesday said it would sell its retirement plans business to life insurer MassMutual for $400 million cash, part of The Hartford’s plan to shed assets and focus on its...
The Hartford Promotes Bateman to Senior VP and Controller
Aug 30 2012 // The Hartford Financial Services Group has promoted Robert Bateman to senior vice president and controller of the company. Bateman succeeds Beth Bombara who was recently promoted to lead The Hartford’s Life Runoff...
The Hartford Reports $101M Q2 Loss for Debt Payoff
Aug 2 2012 // The Hartford Financial Services Group Inc. reported a $101 million second-quarter net loss Wednesday, a consequence of paying off a huge debt to Allianz SE. Retiring the debt is part of the insurer’s continuing...
AIG’s SunAmerica to Acquire Woodbury Financial Services from The Hartford
Aug 1 2012 // American International Group announced that its life and retirement business, SunAmerica Financial Group, Inc., has signed a definitive agreement with The Hartford Financial Services Group Inc. to acquire Woodbury...
The Hartford Completes $117.5M Sale of Life Private Placement Unit
Jul 18 2012 // The Hartford Financial Services Group has completed the sale of its Hartford Life Private Placement unit to Philadelphia Financial Group. The transaction, valued at $117.5 million, was first announced last December....
The Hartford Expects Q2 Catastrophe Losses Near $300 Million
Jul 17 2012 // The Hartford said that it expects to report current accident year catastrophe losses of $280 million to $300 million before tax in the second quarter of 2012, as compared to $447 million before tax in the second quarter of...
The Hartford Enhances Sales Support For Small Business Benefit Brokers
Jun 27 2012 // A new team at The Hartford is offering specialized services for benefits brokers, in order to meet the changing needs of small business owners and their employees. The Hartford recently launched a small business center...
Small Business Owners Dismiss Risk of Data Breach: Survey
Jun 14 2012 // As the number of data breaches involving smaller businesses continues to grow, a new survey by The Hartford finds 85 percent of small business owners believe a data breach is unlikely, and many are not implementing simple...
Paulson to Step Back From His Activist Role at The Hartford
Jun 4 2012 // John Paulson, the hedge fund manager who has been pressuring The Harford to break itself apart to maximize shareholder value, is apparently satisfied with the insurer’s restructuring effort. Paulson’s hedge...
Q1 Earnings: AIG, Liberty Mutual Profits Soar
May 21 2012 // AIG Profit More Than Doubles American International Group Inc. reported $3.21 billion net income for its 2012 first quarter, a 147 percent increase from $1.30 billion net income posted during the same period one year...
Hartford: Restructuring Plan Is Going Well
May 21 2012 // The Hartford Financial Services Group said its plan to focus on its core operations and sell off non-core assets is going well. “We concluded the strategic evaluation of the businesses and announced our plan to focus...
Investor Paulson to Scale Back His Activist Role in Hartford’s Shares
May 16 2012 // John Paulson, the hedge fund manager who has been pressuring The Harford to break itself apart to maximize shareholder value, appears satisfied with the insurer’s restructuring effort. Paulson’s hedge fund...
Hartford Q1 Profit Drops 81% on Realized Loss, But Core Earnings Up
May 3 2012 // The Hartford Financial Services Group Inc. said its 2012 first quarter net income declined 80.8 percent to $96 million, hurt by a $587 million net realized loss from runoff operations. The Hartford’s net income...
The Hartford to Offer Electric Vehicle Discount
Apr 19 2012 // The Hartford is now offering drivers of electric vehicles a discount of five percent on their auto insurance policies. The discount is available to new policyholders with electric vehicles in Ala., Ariz., Calif., Ill.,...
Hartford to Repay Allianz’s $2.4B Crisis Aid
Apr 16 2012 // The Hartford Financial Services Group plans to repay most of a rescue it received during the financial crisis, buying back debentures and warrants from Germany’s Allianz SE for $2.43 billion. In early October 2008,...
The New and Improved Hartford?
Apr 16 2012 // By now, it’s clear that the billionaire hedge fund manager John Paulson is not shy of letting his feelings be heard, especially when it comes to under-performing stocks. For the past couple of months, his target was...
