Latest The Hartford Headlines

All the headlines from our The Hartford Topic Page, ordered by recency.

The Hartford’s Q3 Profit Soars; CEO Calls Hurricane Sandy ‘Manageable Exposure’

Nov 2 2012 // The Hartford Financial Services Group reported $401 million profit for its third quarter, up from $60 million profit posted during the same period one year ago.CEO Liam McGee said the Hartford generated strong...

Prudential to Pay $615 Million for Hartford’s Life Insurance Unit

Sep 28 2012 // Prudential Financial Inc. will buy the individual life insurance business of Hartford Financial Services Group Inc. for $615 million in cash, the companies said on Thursday.Prudential said the deal would add scale to its...

People – East

Sep 24 2012 // Marsh & McLennan Cos. appointed J. Michael Bischoff as chief financial officer. Bischoff has been serving as interim CFO since March 2012 when then-CFO Vanessa Wittman resigned to join Google as its Motorola Mobility...

Business Moves – East

Sep 24 2012 // Cook, Hall & Hyde, Maran Corp. RiskTwo brokerages in the Metro New York region — Cook, Hall & Hyde and Maran Corporate Risk Associates — announced their intention to enter into a merger agreement. Cook, Hall...

People – Southeast

Sep 24 2012 // The Hartford Financial Services Group has named Matthew Kirk senior vice president of sales and distribution for the company’s commercial markets division. He is based in Hartford, Conn.Kirk joined The Hartford in...

The Hartford Names SVP for Commercial Markets Sales and Distribution

Sep 7 2012 // The Hartford Financial Services Group has named Matthew Kirk senior vice president of sales and distribution for the company’s commercial markets division. He is based in Hartford, Conn.Matthew KirkKirk joined The...

The Hartford to Sell Retirement Plan Unit to MassMutual

Sep 5 2012 // The Hartford Financial Services Group Inc. on Tuesday said it would sell its retirement plans business to life insurer MassMutual for $400 million cash, part of The Hartford’s plan to shed assets and focus on its...

The Hartford Promotes Bateman to Senior VP and Controller

Aug 30 2012 // The Hartford Financial Services Group has promoted Robert Bateman to senior vice president and controller of the company. Bateman succeeds Beth Bombara who was recently promoted to lead The Hartford’s Life Runoff...

The Hartford Reports $101M Q2 Loss for Debt Payoff

Aug 2 2012 // The Hartford Financial Services Group Inc. reported a $101 million second-quarter net loss Wednesday, a consequence of paying off a huge debt to Allianz SE.Retiring the debt is part of the insurer’s continuing effort...

AIG’s SunAmerica to Acquire Woodbury Financial Services from The Hartford

Aug 1 2012 // American International Group announced that its life and retirement business, SunAmerica Financial Group, Inc., has signed a definitive agreement with The Hartford Financial Services Group Inc. to acquire Woodbury...

The Hartford Completes $117.5M Sale of Life Private Placement Unit

Jul 18 2012 // The Hartford Financial Services Group has completed the sale of its Hartford Life Private Placement unit to Philadelphia Financial Group. The transaction, valued at $117.5 million, was first announced last December....

The Hartford Expects Q2 Catastrophe Losses Near $300 Million

Jul 17 2012 // The Hartford said that it expects to report current accident year catastrophe losses of $280 million to $300 million before tax in the second quarter of 2012, as compared to $447 million before tax in the second quarter of...

The Hartford Enhances Sales Support For Small Business Benefit Brokers

Jun 27 2012 // A new team at The Hartford is offering specialized services for benefits brokers, in order to meet the changing needs of small business owners and their employees.The Hartford recently launched a small business center...

Small Business Owners Dismiss Risk of Data Breach: Survey

Jun 14 2012 // As the number of data breaches involving smaller businesses continues to grow, a new survey by The Hartford finds 85 percent of small business owners believe a data breach is unlikely, and many are not implementing simple...

Paulson to Step Back From His Activist Role at The Hartford

Jun 4 2012 // John Paulson, the hedge fund manager who has been pressuring The Harford to break itself apart to maximize shareholder value, is apparently satisfied with the insurer’s restructuring effort.Paulson’s hedge fund...

Q1 Earnings: AIG, Liberty Mutual Profits Soar

May 21 2012 // AIG Profit More Than DoublesAmerican International Group Inc. reported $3.21 billion net income for its 2012 first quarter, a 147 percent increase from $1.30 billion net income posted during the same period one year ago....

Hartford: Restructuring Plan Is Going Well

May 21 2012 // The Hartford Financial Services Group said its plan to focus on its core operations and sell off non-core assets is going well. “We concluded the strategic evaluation of the businesses and announced our plan to focus...

Investor Paulson to Scale Back His Activist Role in Hartford’s Shares

May 16 2012 // John Paulson, the hedge fund manager who has been pressuring The Harford to break itself apart to maximize shareholder value, appears satisfied with the insurer’s restructuring effort.Paulson’s hedge fund firm,...

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

May 3 2012 // 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 Hartford to Offer Electric Vehicle Discount

Apr 19 2012 // The Hartford is now offering drivers of electric vehicles a discount of five percent on their auto insurance policies. The discount is available to new policyholders with electric vehicles in Ala., Ariz., Calif., Ill.,...