Latest The Hartford Headlines

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

U.S. Approves The Hartford, Lincoln National Bank Holding Company Bids

Jan 12 2009 // The U.S. Office of Thrift Supervision said on Friday that it approved applications from Hartford Financial Services Group Inc and Lincoln National Corp to become bank holding companies, an important step toward these...

Best Removes Hartford from Review; Affirms ‘A+’ Ratings

Dec 29 2008 // A.M. Best Co. has removed from under review with negative implications and affirmed the financial strength ratings of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa-” of the key life/health...

The Hartford Soars on Higher Outlook; Strong Capital Reassures Investors

Dec 5 2008 // Hartford Financial Services Group Inc. shares soared as much as 52 percent Friday after the company boosted its 2008 profit forecast and said it had more than enough capital to withstand significant further deterioration...

Business Moves

Nov 2 2008 // The Hartford, Allianz SEThe Hartford Financial Services Group Inc. finalized a $2.5 billion capital investment by Allianz SE. Under the agreement, Allianz purchased, at $31 per share, $750 million of preferred shares...

Risk Managers Report Price Softening; Insurers Battle Surplus Decline

Nov 2 2008 // Risk managers report that commercial policy renewal prices are continuing to drop even as insurers are battling a decline in statutory surplus.According to RIMS Benchmark Survey, an industry survey of policy renewal prices...

The Hartford’s Q3 Loss Reported at $2.6 Billion

Oct 30 2008 // Hartford Financial Services Group Inc. joined other insurers in reporting a loss in the third quarter due to large investment losses and catastrophe claims.The Hartford reported a third quarter 2008 net loss of $2.6...

The Hartford Closes on $2.5 Billion Investment from Allianz SE

Oct 20 2008 // The Hartford Financial Services Group, Inc. has finalized a $2.5 billion capital investment by Allianz SE.Under the agreement, Allianz has purchased, at $31 per share, $750 million of preferred shares convertible to common...

Why The Hartford Took a Hit on Wall Street

Oct 6 2008 // The Hartford Financial Services Group Inc. lost nearly $9 billion of market value last week as investors fled the financial sector during the worst crisis in decades.“We’ve got contagion right now”...

Allianz Agrees to $2.5 Billion Investment in The Hartford

Oct 6 2008 // The Hartford Financial Services Group, Inc. announced that it will receive a $2.5 billion capital investment from Allianz SE.The agreement came after a tough week on Wall Street for The Hartford. It lost nearly $9 billion...

S&P, A.M. Best Watching The Hartford’s Ratings

Oct 6 2008 // Rating analysts are taking a second look at The Hartford Financial Services Group in light of its recent hit on Wall Street, third quarter investment losses and infusion of outside capital.Analysts at A.M. Best Co. have...

People

Oct 6 2008 // National insurance program administrator Venture Insurance Programs named Michael DeMarco executive vice president for its Preferred Club Program. He will be responsible for the overall success of the insurance program for...

People

Oct 6 2008 // American International Group Inc. (AIG) named Edward M. Liddy as chairman and CEO. He succeeds Robert B. Willumstad.Stephen F. Bollenbach, who was named lead independent director in June 2008, continues in that role. Liddy...

Oct 6 2008 // American International Group Inc. (AIG) named Edward M. Liddy as chairman and CEO. He succeeds Robert B. Willumstad.Stephen F. Bollenbach, who was named lead independent director in June 2008, continues in that role. Liddy...

People

Oct 6 2008 // National insurance program administrator Venture Insurance Programs named Michael DeMarco executive vice president for its Preferred Club Program. He will be responsible for the overall success of the insurance program for...

Oct 6 2008 // Albert Betts, former Texas Commissioner of Workers’ Compensation, joined Thompson Coe Cousins & Irons LLP as a partner in the Insurance Law and Governmental and Legislative Advocacy Sections, effective Oct. 1,...

The Hartford Names Three Execs to Senior Posts

Sep 17 2008 // The Hartford Financial Services Group Inc. announced new appointments for three of its senior executives. Effective immediately, Dan Brown will take on the new role of senior vice president of Industry Markets; Juan...

The Hartford Unveils National Coastal Home Insurance Plan

Jul 31 2008 // 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...

Man Sentenced for Stealing Furniture from The Hartford

Jul 10 2008 // A Connecticut business owner has been sentenced to one year of home confinement for participating in a scheme to steal furniture from The Hartford Insurance Company. Terrance Healy of Windsor, was sentenced Tuesday in...

The Hartford, Whalen Insurance Offer Brew Pub Program

Jun 18 2008 // With a history dating back to the Colonial Era, America’s craft brewers and brewpubs have earned an iconic position as one of the nation’s quintessential – and earliest – categories of independent...

How Hartford-Progressive Alliance for Banks Works

Jun 4 2008 // Agents submitting community bank risks to the new alliance between The Hartford and Progressive should expect to work with underwriters from each carrier but the companies promise quick turnaround.According to the...