Ramani Ayer News

Hurricane and Political Seasons Stir Up National Cat Plan Proposals

As Losses Mount for Insurers, More Proposals for a National Solution Emerge Neither Gustav nor Ike walloped the property/casualty insurance industry the way Katrina did but there is still concern in insurance and reinsurance circles over the cumulative effect of …

The Hartford Unveils National Coastal Home Insurance Plan

The Hartford Financial Services Group Inc. has proposed a far-reaching new plan – one that includes mandatory flood insurance, IRA-like catastrophe accounts, subsidized premiums for homeowners and a federal reinsurance program – that it says would better protect coastal homeowners …

Hartford Insurance Results Dip in Q2 Due in Part to Tornado Claims

Hartford Financial Services Group Inc.’s earnings fell in the second quarter, hurt by claims from tornado damage. Operating earnings fell 9 percent to $696 million. Net income for the second quarter was down 13 percent to $543 million, from $627 …

Executives See Only Moderate Growth for P/C Industry in 2008

Property casualty insurance insiders predicted 2008 will be a year of marginal growth as continued pricing competition will keep premiums low and profits lower — although that could quickly worsen if a natural catastrophe strikes. Those predictions — which follow …

Executives See Moderate P/C Insurance Growth in 2008

Property casualty insurance insiders predicted 2008 will be a year of marginal growth as continued pricing competition will keep premiums low and profits lower, although that could quickly worsen if a natural catastrophe strikes. Those predictions – which follow two …

The Hartford settlement ends agents’ contingent commissions

The Hartford Financial Services Group Inc. announced it has reached a settlement with the New York, Connecticut and Illinois attorneys general resolving matters relating to their investigations of the compensation arrangements between the insurer and its property/casualty agents and brokers. …

The Hartford settlement with attorneys general ends agents’ contingent

The Hartford Financial Services Group Inc. announced it has reached a settlement with the New York, Connecticut and Illinois attorneys general resolving matters relating to their investigations of the compensation arrangements between the insurer and its property/casualty agents and brokers. …

The Hartford Reports 32% Increase in Net Income for 2d Quarter

The Hartford Financial Services Group, Inc. reported second quarter 2007 net income of $627 million, or $1.96 per diluted share, a 32 percent increase over the second quarter 2006. The Hartford’s core earnings in the second quarter of 2007 were …

People and Places

The Hartford Financial Services Group Inc. has named Thomas M. Marra to the newly created position of president and chief operating officer. Marra, currently a member of the company’s board of directors and president and chief operating officer of Hartford …

People and Places

The Hartford Financial Services Group Inc. has named Thomas M. Marra to the newly created position of president and chief operating officer. Marra, currently a member of the company’s board of directors and president and chief operating officer of Hartford …