Ramani Ayer News

State, Federal Regs Concern Outgoing Big ‘I’ President

During my term we have made numerous advances, I couldn’t have done any of them without the help of the Executive Committee and dedicated committee members,” said Louise “BeBe” Canter, president of the Independent Insurance Agents & Brokers of America …

Canter Predicts State, Federal Regulation to Detrimentally Affect Industry

More than 120 firms participated in the Big “I” Exhibit “During my term we have made numerous advances and I couldn’t have done any of them without the help of the Executive Committee and dedicated committee-members,” said Louise “BeBe” Canter, …

Outgoing Big ‘I’ President Says ‘Sky is the Limit’ for Independent Agents

As she closes out her term as president of the Independent Insurance Agents and Brokers of America (IIABA), Louise “BeBe” Canter has spent more than a fair amount of time in airports on her way from one meeting to another. …

Big ‘I’ Concerns: Insurance CEOs Cite Terrorism, Asbestos, Tort Reform

Terrorism, asbestos and tort reform will be key industry concerns according to five insurance company chief executive officers participating in a panel discussion during the Oct. 9 to 12 Convention held by the Independent Insurance Agents and Brokers of America …

Hartford Authorizes $1 Billion Share Repurchase

The Hartford Financial Services Group, Inc. announced that its Board of Directors has authorized the company to repurchase up to $1 billion of its securities. “This action reflects our progress in building capital strength,” stated Chairman and CEO Ramani Ayer. …

The Hartford Reports Q3 Earnings

The Hartford Financial Services Group Inc. today estimated its 2004 third quarter earnings per fully diluted share at between $0.85 and $0.95. This estimated range assumes no net realized capital gains or losses or unusual tax benefits in the quarter. …

The Hartford Estimates $140M in Charley Losses

Connecticut-based The Hartford Financial Services Group Inc. announced that its losses resulting from Hurricane Charley are estimated to be $140 million (before-tax). This amount is net of applicable reinsurance sources including the Florida Hurricane Catastrophe Fund and includes reinstatement premiums …

The Hartford Reports Q2 Net Income of $433 Million

The Hartford Financial Services Group, Inc. (NYSE: HIG) reported second quarter 2004 net income of $433 million or $1.46 per diluted share. Net income includes net realized capital gains of $31 million (after-tax) or $.11 per share and a $118 …

CEO Ayer Touts ‘Tremendous’ Year for The Hartford

The Hartford stayed true to its mission in 2003, held closely to its core values and emerged a stronger company in a better competitive position, Ramani Ayer, chairman and CEO of The Hartford Financial Services Group, Inc. (NYSE:HIG), said at …

The Hartford Awards Nearly $1 Million in Grants to Organizations

The Hartford Financial Services Group, headquartered in the city that bears its name, recently awarded $929,500 in grants to 20 nonprofit organizations in the Greater Hartford area. The company awards grants four times a year. “In keeping with The Hartford’s …