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The Hartford To Webcast Investor Day on December 5
Dec 1, 2008
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HARTFORD, Conn., Dec 01, 2008 (BUSINESS WIRE) -- The Hartford Financial Services Group, Inc. (NYSE: HIG) announced today
that it will host a live webcast of its previously scheduled investor
day meeting in New York on Friday, December 5 from 9:00 a.m. - noon EST.
The webcast and slide presentation, as well as a replay of the...
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The Hartford Re-Aligns Employer Markets Group To Strengthen Delivery Of Total Benefits And Retirement Plan Solutions For Employers
Nov 24, 2008
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SIMSBURY, Conn., Nov 24, 2008 (BUSINESS WIRE) -- The Hartford Financial Services Group, Inc. (NYSE: HIG) is announcing a
new organizational structure for its Employer Markets Group (EMG) to
better serve the group benefits and retirement plan needs of employers
and their employees, optimize leadership talent, and drive growth...
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The Hartford Comments On Its Highly Rated Commercial Mortgage-Backed Securities Portfolio
Nov 20, 2008
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HARTFORD, Conn.--(BUSINESS WIRE)--The Hartford Financial Services Group, Inc. (NYSE: HIG - News) today responded to recent reports about the performance and outlook for the commercial real estate sector and its effects on Commercial Mortgage-Backed Securities (CMBS).
As of September 30, 2008, the company held a $15 billion CMBS po...
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The Hartford Names Michael R. Chesman Senior Vice President of Tax Law
Nov 18, 2008
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HARTFORD, Conn., Nov 18, 2008 (BUSINESS WIRE) -- The Hartford Financial Services Group, Inc., (NYSE: HIG), today
announced that Michael R. Chesman was named senior vice president,
associate general counsel and director of tax law. Chesman, 63, joins
The Hartford from the Internal Revenue Service, where he was director of
...
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Around The Globe, Baby Boomers' Retirement Priorities Shift From Fun to Fundamentals
Nov 17, 2008
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SIMSBURY, Conn., Nov. 17, 2008 - The concept of retirement as it is known in the developed world has traditionally inspired visions of days filled with leisure, travel, and the pursuit of hobbies and other family and personal interests. But for millions of Baby Boomers and older adults around the globe, the prospect of retirement is instead beco...
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The Hartford Announces Agreement To Acquire Federal Trust Bank And Application To U.S. Treasury Capital Purchase Program
Nov 14, 2008
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HARTFORD, Conn., Nov 14, 2008 (BUSINESS WIRE) -- The Hartford Financial Services Group, Inc. (NYSE: HIG) today announced that it has applied to the Office of Thrift Supervision (OTS) to become a savings and loan holding company and has applied to participate in the U.S. Treasury Department's Capital Purchase Program (CPP).
In conjunction with t...
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Lasting Legacy: Grandparents Are Willing To Give The Gift Of Education
Nov 5, 2008
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SIMSBURY, Conn., Nov 05, 2008 (BUSINESS WIRE) -- The nation's troubled economy, escalating college costs, dwindling student loans, shrinking financial aid packages and loss of equity in homes are presenting unprecedented challenges for American families. Parents saving for and financing a college education are finding they have fewer places to turn...
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The Hartford Comments On Moody's Statement And Reiterates Its Financial Strength
Nov 3, 2008
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HARTFORD, Conn., Nov 03, 2008 (BUSINESS WIRE) -- The Hartford Financial Services Group, Inc. (NYSE: HIG) today responded to Moody's statement regarding the company's financial strength ratings.
"The Hartford is pleased that Moody's affirmed the Aa3 insurance financial strength (IFS) ratings of the company's property and casualty and life insura...
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The Hartford Comments on Capital Position
Nov 3, 2008
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HARTFORD, Conn., Nov 03, 2008 (BUSINESS WIRE) -- The Hartford Financial Services Group, Inc. (NYSE: HIG) today provided additional information regarding its capital position in a Form 8-K filing with the Securities and Exchange Commission.
In its filing today, the company stated that its capital margin, the capital in excess of modeled rating a...
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The Hartford Announces Third Quarter Results
Oct 29, 2008
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HARTFORD, Conn., Oct 29, 2008 (BUSINESS WIRE) -- The Hartford Financial Services Group, Inc. (NYSE: HIG) today reported a third quarter 2008 net loss of $2.6 billion, or $8.74 per diluted share. The Hartford's net income in the third quarter of 2007 was $851 million, or $2.68 per diluted share. A summary of consolidated financial performance is pro...
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The Hartford Introduces New Bicentennial Freedom Universal Life Insurance Policy With Optional LifeAccess Accelerated Benefit Rider
Oct 23, 2008
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SIMSBURY, Conn., Oct 23, 2008 (BUSINESS WIRE) -- In response to the changing needs of a maturing nation, The Hartford has announced that it will offer its LifeAccess Accelerated Death Benefit Rider as an option on Hartford Bicentennial UL Freedom, a new universal life (UL) insurance policy. The popular rider gives policyholders access to their deat...
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The Hartford's Third Quarter Earnings Call Scheduled For October 29 At 5 p.m. EDT
Oct 22, 2008
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HARTFORD, Conn., Oct 22, 2008 (BUSINESS WIRE) -- As previously announced, The Hartford Financial Services Group, Inc. (NYSE: HIG) will release its third quarter 2008 financial results on Wednesday, October 29, 2008, following the close of the market.
The company's conference call to discuss its third quarter 2008 financial results will now take...
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The Hartford Appoints Stephan Schinnenburg As Head Of Its New German Retirement Savings Business
Oct 21, 2008
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SIMSBURY, Conn., Oct 21, 2008 (BUSINESS WIRE) -- The Hartford Financial Services Group, Inc. (NYSE: HIG), which plans to begin selling variable annuities in Germany early next year, today announced the appointment of Stephan Schinnenburg as hauptbevollmaechtigter or general manager of its German branch.
Schinnenburg is reporting to Marc Lieberm...
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The Hartford Closes On $2.5 Billion Investment From Allianz SE
Oct 17, 2008
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HARTFORD, Conn., Oct 17, 2008 (BUSINESS WIRE) -- The Hartford Financial Services Group, Inc. (NYSE: HIG) today announced the closing of 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 stock after receipt of applicable approvals,...
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The Hartford Declares Quarterly Dividend
Oct 15, 2008
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HARTFORD, Conn., Oct 15, 2008 (BUSINESS WIRE) -- The Hartford Financial Services Group, Inc. (NYSE: HIG) today declared a quarterly dividend of $0.32 per share of Common Stock, payable on January 2, 2009, to shareholders of record at the close of business on December 1, 2008.
About The Hartford
The Hartford, a Fortune 100 company, is one of...
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Survey Shows Understanding Your Auto Policy Now Will Help You Save Time and Money Later
Oct 15, 2008
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HARTFORD, Conn., Oct 15, 2008 /PRNewswire via COMTEX News Network/ -- In a tough economy, it could pay to understand your auto insurance. Many drivers want innovation, but a new survey from The Hartford reveals most drivers aren't familiar with what their auto insurance policy covers.
The Hartford Financial Services Group, Inc. (NYSE: HIG), one...
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The Hartford Names Robert Paiano Enterprise Chief Risk Officer
Oct 14, 2008
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HARTFORD, Conn., Oct 14, 2008 (BUSINESS WIRE) -- The Hartford Financial Services Group, Inc. (NYSE: HIG) today announced that Robert Paiano has been named senior vice president and enterprise chief risk officer. Paiano will report to Lizabeth Zlatkus, the company's executive vice president and chief financial officer.
"We are operating in an un...
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The Hartford Mutual Funds To Participate In New Money Market Fund Guaranty Program
Oct 8, 2008
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SIMSBURY, Conn., Oct 08, 2008 (BUSINESS WIRE) -- The Hartford Financial Services Group, Inc. (NYSE: HIG) today announced that The Hartford Money Market Fund and Hartford Money Market HLS Fund will participate in the new money market fund guaranty program recently established by the U.S. Treasury. Investors in The Hartford's money market fund, as we...
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The Hartford Announces $2.5 Billion Investment By Allianz SE
Oct 6, 2008
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HARTFORD, Conn., Oct 06, 2008 (BUSINESS WIRE) -- The Hartford Financial Services Group, Inc. (NYSE: HIG) today announced a binding agreement with Allianz SE, which provides for a $2.5 billion capital investment.
"We are pleased that Allianz, one of the world's leading insurers and financial services providers, will make such a si...
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The Hartford Names Greg McGreevey Chief Investment Officer
Oct 6, 2008
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HARTFORD, Conn., Oct 06, 2008 (BUSINESS WIRE) -- The Hartford Financial Services Group, Inc. (NYSE: HIG) today announced that Greg McGreevey has been appointed executive vice president and chief investment officer for the company, and president of Hartford Investment Management Company. McGreevey will report to Ramani Ayer, chairman and chief execu...
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