Latest The Hartford Headlines
All the headlines from our The Hartford Topic Page, ordered by recency.
Watchdog Criticizes Bailout Loans to Insurers The Hartford, Lincoln National
Dec 14 2009 // The participation of two big insurers in the $700 billion financial rescue contradicted the goals of the government program, according to a bailout watchdog. The inclusion of Hartford Financial Services Group Inc. and...
The Hartford Enhances Cyber-Liability Policy
Nov 11 2009 // The Hartford is offering broader coverage for data privacy breaches and social media liability exposures as part of its cyber liability policy, the company said. “We’re seeing widespread adoption of social...
The Hartford Reports 3Q Loss
Nov 4 2009 // The Hartford Financial Services Group reported a third quarter net loss of $220 million, compared with a net loss of $2.6 billion in the year-ago period. Written premiums for The Hartford’s property/casualty...
Bank of America’s McGee Named New CEO by The Hartford
Oct 19 2009 // Hartford Financial Services Group Inc. named a former Bank of America Corp. executive to be its new CEO, and he already has plans to introduce enhanced risk management after record losses at the 199-year-old insurer. Liam...
Bank of America’s McGee Named New CEO by The Hartford
Sep 30 2009 // Hartford Financial Services Group Inc. named a former Bank of America Corp. executive to be its new CEO, and he already has plans to introduce enhanced risk management after record losses at the 199-year-old insurer. Liam...
Concannon To Head The Hartford’s P/C Sales & Distribution Organization
Aug 21 2009 // The Hartford Financial Services Group, Inc. (NYSE: HIG) announced today that the company has promoted Michael Concannon, 47, has been promoted to executive vice president of The Hartford Financial Services Group’s...
The Hartford to Return $48 Million in Florida Workers’ Comp Profits
Aug 12 2009 // Florida officials said that Hartford Financial Services Group will issue refunds or credits totaling $48.2 million to Florida businesses for excess profits the insurer earned on policies written from 2004 through 2006. The...
The Hartford Raises $900 Million
Aug 6 2009 // Hartford Financial Services Group Inc., an insurer that received a $3.4 billion government bailout, said on Thursday it had raised $900 million in an equity offering, more than it expected, sending its shares sharply...
Ingram Named Information Officer for The Hartford’s P/C Business
Aug 5 2009 // The Hartford Financial Services Group Inc. has named Robert Ingram senior vice president and chief information officer of its property and casualty operations’ information technology organization. He will focus on...
The Hartford’s Andrade to Keep P/C Unit Disciplined; Focused on Service
Aug 3 2009 // The Hartford Financial Services Group Inc. appointed Juan Andrade, 43, president and chief operating officer of its Property and Casualty Operations, effective immediately. Andrade will continue to report directly to the...
The Hartford Posts Net Loss of $15M in Q2; P/C Combined Ratio at 90.4%
Jul 31 2009 // The Hartford reported a second quarter 2009 net loss of $15 million compared with second quarter 2008 net income of $543 million. Even so, Ramani Ayer, chairman and chief executive officer of The Hartford, said the insurer...
Suit Targets The Hartford’s Handling of Hurricane Wilma Claims in Florida
Jul 29 2009 // A Miami lawyer has filed class action suit against The Hartford alleging the company failed to pay replacement cost on Hurricane Wilma claims to insureds who had purchased the coverage. The suit claims The Hartford refused...
The Hartford Rolls Out AARP Auto Product Through Independent Agents
Jul 21 2009 // The Hartford Financial Services Group Inc. is now offering AARP-branded auto insurance through select, authorized independent agents. Previously, the insurance was only available directly from The Hartford by phone,...
People
Jul 20 2009 // Illinois Governor Pat Quinn named Michael McRaith director of the newly created Department of Insurance (DOI), which separated from the Illinois Department of Financial and Professional Regulation (IDFPR) on June 1,...
The Hartford’s Andrade to Keep P/C Unit Disciplined; Focused on Service
Jul 16 2009 // The Hartford Financial Services Group, Inc. has appointed Juan Andrade, 43, president and chief operating officer of its Property and Casualty Operations, effective immediately. Andrade will continue to report directly to...
The Hartford Takes $3.4 Billion in Bailout Funds
Jun 29 2009 // Hartford Financial Services Group Inc. said Friday it has taken $3.4 billion of federal bailout money, the maximum it was authorized to accept, to bolster capital in the wake of large investment losses. The Hartford,...
Lange Named Regional VP of Hartford’s Chicago Office
Jun 26 2009 // The Hartford Financial Services Group Inc. has appointed Jeff Lange as regional vice president of The Hartford’s Chicago Regional Office. The office provides underwriting, sales and loss control services for the...
Court Finds Liability Policy Excludes Claim in Trademark Case
Jun 11 2009 // The Hartford has no duty to defend or indemnify a policyholder that was accused of using another company’s federally protected trademark, a federal court in Maryland has ruled. The case pitted The Hartford against...
The Hartford Refunds $150,000 over Delaware AARP Auto Program
Jun 10 2009 // Delaware Insurance Commissioner Karen Weldin Stewart said The Hartford has agreed to refund over $150,000 to nearly 1,300 auto insurance customers due to the mishandling of the company’s rate filing for its AARP auto...
The Hartford’s CEO Ayer, Facing Pressure, to Retire
Jun 4 2009 // Hartford Financial Services Group said on Thursday that CEO and chairman Ramani Ayer, under pressure from shareholders as the 199-year-old insurer struggles with record losses, would retire by the end of the year. The...
