The Hartford Financial Services Group, Inc. announced on Friday that it has agreed to a global settlement of all claims arising out of its historical insurance relationship with Mac Arthur Company and its subsidiary Western MacArthur Company. The agreement calls …
Ramani Ayer, chairman and CEO of The Hartford Financial Services Group, Inc., will be presented this week with the first-ever 2003 Polaris Award for his efforts in support of public education in the city of Hartford. Leadership Greater Hartford, together …
The Hartford Financial Services Group, Inc. reported net income per diluted share of $1.20 for the third quarter of 2003, up from $1.06 per diluted share in the third quarter of 2002. Net income increased 29 percent to $343 million …
The Hartford Financial Services Group, Inc. reported net income per diluted share of $1.88 for the second quarter of 2003, up sharply from $0.74 per diluted share in the second quarter of 2002. Net income nearly tripled to $507 million …
NEW YORK — Prominent insurance leaders were bullish on the prospects for improved industry performance and for tort system reform here earlier this month, but not so with respect to a federal initiative to cap soaring asbestos liabilities. “The insurance …
At S&P’s insurance conference, held annually in New York, prominent insurance leaders were bullish on the prospects for improved industry performance and for tort system reform, but not so with respect to a federal initiative to cap soaring asbestos liabilities. …
The Hartford Financial Services Group Inc., has sold most of its property-casualty reinsurance business to Bermuda-based Endurance Specialty Holdings Ltd. The transaction includes the sale of renewal rights for existing business and the transfer of the majority of the unearned …
Connecticut-based The Hartford Financial Services Group, Inc. has reported a net loss of $1.4 billion for the first quarter of 2003 as a result of a previously announced increase in asbestos reserves. For the quarter ended March 31, 2003, the …
Unprecedented challenges facing the U.S. insurance industry in the past year, including asbestos claims and lawsuits, terrorism, a weak economy, and a continuing weak investment markets, have many insurance executives hoping the worst is behind them. Standard & Poor’s Ratings …
The Hartford Financial Services Group, Inc. announced a series of actions and plans to strengthen its capital base, enhance earnings and advance its competitive position. The company also announced the completion of its ground-up study of asbestos-related exposures and a …
