Hartford Financial Services Group News

The Hartford Restates Q3; Full-Year 2012 Bottom Line Reverses To A Loss

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 โ€” a change that turned a previously reported net income figure of $350 …

The Hartford to Pay $81K in Restitution for Auto Claims in Vermont

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 Hartford Says Sandy Losses $370 Million

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 were in commercial segments and …

Hartford Q1 Profit Drops 81% on Realized Loss, But Core Earnings Up

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 during the same period one year …

The Hartford Hires Chartis U.S. Underwriting Chief Tucker

Hartford Financial Services Group announced three senior management appointments, including Tom Tucker as chief underwriting officer of commercial markets and head of specialty casualty. He will start his post at The Hartford on February 27. He will report to Doug …

The Hartford Reports $127M Q4 Profit, Down 79% From One Year Ago

Hartford Financial Services Group reported $127 million for its 2011 fourth-quarter net income, down 79 percent from one year ago when the company posted $619 million profit. Results were hurt by higher net capital losses and current and prior-year reserve …