The Hartford Financial Services Group, a major provider of business, home and automotive insurance, will no longer write new policies for California homeowners starting on Feb. 1.
Tag: Hartford Insurance
Hartford Launches New Digital Agency Submission Capabilities for Midsize and Large Accounts
The Hartford has expanded its digital capabilities with new submission and quote Application Programming Interfaces (APIs), and portal options for agents and brokers who write midsize and large businesses.
Hartford’s Q2 Earnings Beat on Commercial Lines Unit
The Hartford Financial Services Group, Inc. (HIG) reported second-quarter 2023 adjusted operating earnings of $1.88 per share, which outpaced the Zacks Consensus Estimate by 1.6%.
The Hartford Rejects Two Additional Takeover Offers from Rival Chubb
The Hartford Financial Services Group said Thursday it has rejected two more unsolicited offers from rival Chubb Limited to acquire the Hartford-based company, a month after it confirmed that it had turned down an initial takeover proposal from the same company. In a letter dated March 30, Chubb said it was prepared to offer “in… Continue reading The Hartford Rejects Two Additional Takeover Offers from Rival Chubb
Hartford Rejects Bid from Rival Insurer Chubb
Hartford Financial Services Group Inc. said its board unanimously rejected Chubb Ltd.’s unsolicited proposal to acquire the Connecticut-based insurer. Hartford said the board, after consulting with its outside advisers, “determined that entering into discussions regarding a strategic transaction would not be in the best interests of the company and its shareholders.” Chubb representatives couldn’t be… Continue reading Hartford Rejects Bid from Rival Insurer Chubb
The Hartford Named One of ‘World’s Most Ethical Companies’ for 11th Time by Ethisphere
The Hartford has been named one of the World’s Most Ethical Companies® for the 11th time, as designated by the Ethisphere Institute, a global leader in defining and advancing the standards of ethical business practices. “The Hartford is proud to be recognized as a World’s Most Ethical Company for our industry-leading ethics and compliance practices,”… Continue reading The Hartford Named One of ‘World’s Most Ethical Companies’ for 11th Time by Ethisphere
Insurer Hartford Financial to Buy Navigators Group for $2.1 Billion
Insurer Hartford Financial Services Group Inc said on Wednesday it will buy Navigators Group Inc in a $2.1 billion cash deal to expand its product offerings and geographic reach. Hartford’s offer of $70 per share represents a premium of 9 percent to Navigators’ Tuesday close. Navigators’ shares were trading at $70.50, indicating that investors were… Continue reading Insurer Hartford Financial to Buy Navigators Group for $2.1 Billion