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Executive At The Hartford Departs Early With Most Of A $2 Million Bonus
The Hartford CourantThe Hartford's executive who was promised a bonus of as much as $2 million if he stayed through the end of February 2013 — even if the company cut him loose sooner — has been given notice of his last day of work, and he will get three-...Tags: Columbia University, University of Pennsylvania, U.S. Securities and Exchange Commission, Economy, Business and Finance, Insurance
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Bloomberg: Prudential Top Bidder For Hartford Life Insurance Business
The Hartford CourantCHICAGO - Insurer Prudential Financial Inc. has emerged as the top bidder for the individual life insurance business of rival The Hartford Financial Services Group Inc., a sale that could be worth roughly $1 billion, Bloomberg reported on Friday. A...Tags: John Paulson, Mutual Funds, Prudential Financial Incorporated, Financial and Business Services, Hartford Life Incorporated
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Fewer Natural Disasters This Year Likely Means Strong Quarter For Insurers
The Hartford CourantColorado wildfires, an early tornado season and major thunderstorms with hail marked some of the natural disasters in the U.S. during the first half of this year, and even those are a small fraction of the catastrophes that occurred in the first half of...Tags: Tornadoes, Munich (Germany), Natural Disasters, Economy, Business and Finance, Insurance
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Possible Damage From "Fracking" Not Covered By Standard Homeowner's Policy
The Hartford CourantIn case you were wondering, insurance policies for homes and commercial properties probably don't cover any damage that might be caused by "fracking" – a relatively new approach to drilling for natural gas through hydraulic fracturing. The issue...Tags: Conservation, Petroleum Industry, Energy Resources, Chubb Corporation, Insurance
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The Hartford Has A New Executive Overseeing Runoff Of Annuities
The Hartford has a new president to oversee the runoff of its annuity operations. The Asylum Hill-based property-casualty insurer announced Monday that Beth Bombara, 44, of Simsbury starts immediately in her new position. As president of Life Runoff, she...
Tags: Mutual Funds, Economy, Business and Finance, Companies and Corporations, Finance, Deloitte Touche Tohmatsu Ltd.
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Philadelphia Financial Completes Acquisition From The Hartford For $117.5 Million
The Hartford CourantPhiladelphia Financial Group Inc. announced Monday that it has completed its acquisition of Hartford Life Private Placement LLC for $117.5 million from The Hartford. The deal was initially announced last December, and it triples the employee count at...Tags: Reinsurance Group of America Incorporated, JPMorgan Chase & Co., Bank of America Corp., Economy, Business and Finance, Insurance
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The Hartford Reports $101 Million Loss For Second Quarter
The Hartford CourantThe Hartford on Wednesday reported a second-quarter loss of $101 million as it bought back investments made by German insurer Allianz during the financial crisis in 2008. The Hartford had a $587 million loss related to buying $2.43 billion in outstanding...Tags: Allianz AG Holding, Quarterly or Semiannual Financial Statements, Buyback, Automotive Equipment, Prices
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The Hartford Promotes Two Top Executives
The Hartford announced two executive appointments Thursday, including the promotion of Brion Johnson to the post of chief investment officer and president of Hartford Investment Management Co. In addition, The Hartford Financial Services Group named...Tags: Conservation, Employment Opportunities, Employment, Economy, Business and Finance, Career and Workplace
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At Annual Meeting, Shareholders Mum On The Hartford's Major Restructuring
The Hartford CourantHARTFORD — The Hartford drew support from shareholders for executives' pay and for the re-election of all board members during the company's annual meeting Wednesday. The property-casualty and life insurer drew hardly any inquiry from...Tags: Concerts, Entertainment, Economy, Business and Finance, Deloitte Touche Tohmatsu Ltd., Insurance
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State Hurricane Facts In Advance Of Season Starting June 1
The Hartford CourantIf the Great New England Hurricane of 1938 happened in present conditions, it would cost an estimated $38 billion in damage that would be covered by insurance, which says nothing of the overall economic cost. The estimate by AIR Worldwide is included...Tags: National Oceanic and Atmospheric Administration, Hurricanes, Allstate Corp., Bridgeport (Fairfield, Connecticut), Long Island
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Hedge Fund No Longer Intends To Influence Control Of The Hartford, Regulatory Filing Shows
The Hartford CourantJohn Paulson, the hedge fund billionaire whose pressured The Hartford to break itself apart, is ending his power struggle with management over the insurer's strategy and future. A filing by Paulson & Co. with federal regulators, known as a 13G,...Tags: John Paulson, Mutual Funds, NYSE Euronext, Inc., Financial and Business Services, Stock Market
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Hartford Insurers Host High School Students During Job Shadow Day
Groups of students at Hartford's High School Inc. — an insurance and finance academy — got an inside look at the businesses that make up the Insurance Capital. As part of a job shadow program, 89 students met with employees and learned...Tags: Teaching and Learning, Cigna Corporation, Students, PricewaterhouseCoopers
Aug 24, 2012
|Story| Hartford Courant
Aug 19, 2012
|Story| Hartford Courant
Jul 16, 2012
|Story| Hartford Courant
Jul 13, 2012
|Story| Hartford Courant
Jul 24, 2012
|Story| Hartford Courant
Jul 16, 2012
|Story| Hartford Courant
Aug 1, 2012
|Story| Hartford Courant
May 17, 2012
|Story| Hartford Courant
May 16, 2012
|Story| Hartford Courant
May 23, 2012
|Story| Hartford Courant
May 15, 2012
|Story| Hartford Courant
May 17, 2012
|Story| Hartford Courant
Original site for The Hartford Financial Services Group Inc. topic gallery.
