Latest The Hartford Headlines
All the headlines from our The Hartford Topic Page, ordered by recency.
Appeals Court Clears The Hartford on Most BP Oil Spill Cleanup Workers’ Injury Claims
Jan 20 2022 // Navigators Insurance, part of The Hartford, does not have to cover most medical and injury claims from 2,000 workers who cleaned beaches after the 2010 BP oil spill in the Gulf of Mexico, a federal appeals court decided...
Run-Off Specialist Premia Acquires Navigators Holdings (Europe) from The Hartford
Dec 29 2021 // Bermuda-based reinsurance run-off specialist Premia Holdings Ltd. announced it has completed the acquisition from Hartford Financial Services of Navigators Holdings (Europe) NV and its subsidiaries, which include...
The Hartford Agrees to Pay $787M to Settle Boy Scouts Sexual Abuse Claims
Sep 15 2021 // The Hartford announced a new agreement in the Boy Scouts of America (BSA) bankruptcy in which it will pay $787 million for sexual abuse claims under policies mostly issued in the 1970s. The new agreement supersedes a prior...
The Hartford Reports Q2 Net Income Up 94%; Boasts ‘Superb’ P/C Results
Jul 29 2021 // The Hartford today announced it earned $900 million in net income in the second quarter of this year, a 94% jump from second quarter 2020. Core earnings of $836 million were up 91% from second quarter 2020. “Our...
CEO Swift Optimistic About The Hartford’s Position as Economic Recovery Begins
May 3 2021 // The Hartford CEO Christopher Swift expressed confidence that the property/casualty insurer has weathered the worst of the COVID-19 pandemic and that related concerns about business interruption claims have become...
CEO Swift Optimistic About The Hartford’s Position as Economic Recovery Begins
Apr 23 2021 // The Hartford CEO Christopher Swift expressed confidence that the property/casualty insurer has weathered the worst of the COVID-19 pandemic and that related concerns about business interruption claims have become...
People Moves: The Hartford’s McKenna to Falvey; Safety National Hires Kostro
Apr 20 2021 // Falvey Insurance Group Appoints McKenna as Chief Underwriting Officer Falvey Insurance Group has hired Mike McKenna, formerly of The Hartford, as chief underwriting officer to oversee the underwriting for its group...
The Hartford Offers $650M to Settle Boy Scouts Abuse Claims
Apr 16 2021 // The Hartford disclosed it has agreed to pay $650 million to settle sexual abuse claims against the Boy Scouts of America associated with policies mostly issued in the 1970s. According to the insurer, the agreement is with...
Allianz Privately Mulls Counteroffer for The Hartford After Chubb’s Offer
Mar 28 2021 // Chubb Ltd.’s $23 billion takeover offer for Hartford Financial Services Group Inc. has prompted Germany’s Allianz SE to study the feasibility of a counteroffer, according to people familiar with the...
The Hartford Rejects Chubb’s $23 Billion Buyout Offer
Mar 23 2021 // The Hartford today announced that its board of directors has unanimously rejected rival insurer Chubb’s unsolicited proposal to acquire The Hartford for $23.24 billion. The Hartford said its board determined that...
Chubb Bids for Significant Scale Including The Hartford’s ‘Crown Jewel’
Mar 19 2021 // Five years ago, Evan Greenberg led ACE’s nearly $30 billion acquisition of Chubb, morphing Chubb into its current status as a global property/casualty insurance giant he continues to guide as CEO. Now, the insurer is...
Why Its Bid for The Hartford Is a Personal Lines ‘Chess’ Move by Chubb
Mar 19 2021 // While Chubb’s $23.2 billion opening bid for The Hartford appears to be mostly a commercial lines play to many observers, one experienced industry observer has a different take on it. Chubb CEO Evan Greenberg would...
The Hartford Q4 Profit Dips Slightly on COVID Life Insurance Claims
Feb 5 2021 // Fourth quarter profit at The Hartford dipped slightly due in part to COVID-related group life insurance claims. Fourth quarter 2020 net income came in at $532 million, down 2% from fourth quarter 2019. Fourth quarter...
Gulino to Lead The Hartford’s Middle/Large Commercial Insurance Central Division
Oct 8 2020 // Bob Gulino has been appointed as head of The Hartford’s Central Division for the company’s middle and large commercial insurance business. Gulino now leads the sales and underwriting operations for the...
Legacy Reinsurer Premia Agrees to Buy Navigators Holdings (Europe) from The Hartford
Oct 5 2020 // Bermuda-based reinsurance run-off specialist Premia Holdings Ltd. has agreed to acquire Navigators Holdings (Europe) NV and its associated companies from The Hartford. Navigators’ associated companies are...
Businesses Urge U.S. Insurers to Stop Insuring, Investing in Fossil Fuel Producers
Sep 18 2020 // A group of about 60 American businesses on Thursday urged their insurers to stop providing coverage to and investing in fossil fuel producers. In a letter, companies including outdoor-gear producer Patagonia and ice-cream...
The Hartford Achieves Q2 Profit; Next Up Is Cutting Jobs, Investing in IT to Trim Expenses
Jul 31 2020 // The Hartford emerged from the second quarter’s COVID-19 related challenges with an overall profit and a plan to reduce expenses through “headcount reductions,” information technology investments and other...
Castel Acquires Dutch Marine Business from The Hartford
Jul 17 2020 // Castel Underwriting Europe B.V. has agreed to acquire the renewal rights for a Navigators Europe book of predominantly of Dutch marine cargo, inland hull, land-based equipment and liability business from The...
The Hartford Names Stepnowski Chief Investment Officer as Johnson Retires
Jul 1 2020 // The Hartford has appointed Amy Stepnowski to the positions of chief investment officer of The Hartford and president of Hartford Investment Management Co. (HIMCO), effective Aug. 1. She will succeed Brion Johnson who will...
The Hartford Hires Steinberg as Head of Wholesale Property for Navigators
Jun 19 2020 // The Hartford has hired William H. Steinberg as head of wholesale property for Navigators, a brand of The Hartford. Steinberg reports to Vince Tizzio, head of the Global Specialty business at The Hartford. As head of...
