The Hartford Financial Services Group Inc. Launches Voluntary Benefits Solution
November 5, 2009 |
| The Hartford Financial Services Group Inc. announced that it has unveiled a total voluntary benefits solution for employers with one thousand or more employees. The Hartford`s expanded benefits capabilities include; Eligibility Data Management, Leverages census data feeds to deliver a personalized employee enrollment experience including real-time underwriting decisions; Integrated Enrollment Services, Delivers customized paper, online, on-site and telephonic support to ensure a seamless experience for both annual enrollments and ongoing changes; and Customized Portals, The Hartford offers employer branded websites for its Public and Education Sector clients. |
The Hartford Financial Services Group Inc. Raises FY 2009 EPS Guidance
November 3, 2009 |
| The Hartford Financial Services Group Inc. announced that for fiscal 2009 it expects earnings per diluted share to be between $0.85 and $1.05. The Company's previous guidance for 2009 core earnings per diluted share was between breakeven and $0.20. According to Reuters Estimates, analysts are expecting the Company to report EPS of $0.71 for fiscal 2009. |
The Hartford Financial Services Group Inc. Launches Search For CFO
October 26, 2009 |
| The Hartford Financial Services Group Inc. announced that Lizabeth Zlatkus, the Company's Chief Financial Officer (CFO), will be appointed Chief Risk Officer (CRO). In addition, the Company is launching an external search for a new CFO. Zlatkus will remain in her current role until a new CFO is named, at which point she will assume her new position. |
The Hartford Financial Services Group Inc. Introduces New Personal Retirement Manager With Hartford Leaders Variable Annuity
October 23, 2009 |
| The Hartford Financial Services Group Inc. announced that it has introduced The Hartford`s Personal Retirement Manager, an new way to combine long-term investment growth and guaranteed lifetime income potential in a single, user-friendly, tax-deferred retirement planning vehicle. |
Connecticut Reaches $1.3 Million Settlement With The Hartford Financial Services Group Inc.-WSJ
October 22, 2009 |
| The Wall Street Journal reported that The Hartford Financial Services Group Inc. has agreed to pay $1.3 million to settle allegations by Connecticut Attorney General Richard Blumenthal that the Company's former reinsurance business engaged in anticompetitive behavior. The settlement relates to the HartRe property-casualty reinsurance business, which the Company exited in 2003, and its participation in three reinsurance facilities for smaller regional insurance companies between 1990 and 2001. The facilities were organized by Marsh & McLennan Cos.' reinsurance broker Guy Carpenter & Co., which Blumenthal sued in 2007. Blumenthal has alleged the Guy Carpenter unit engaging in anticompetitive behavior that inflated insurance costs. HartRe exited from the facilities in 2002 and Hartford exited the business entirely in 2003. |
The Hartford Financial Services Group Inc. Declares Quarterly Dividend Of $0.05 Per Share
October 21, 2009 |
| The Hartford Financial Services Group Inc. announced that its Board of Directors has declared a quarterly dividend of $0.05 per share of common stock, payable on January 4, 2010, to shareholders of record at the close of business on December 1, 2009. |
The Hartford Financial Services Group Inc. Announces Resignation And Appointment Of Chairmen And CEO
September 29, 2009 |
| The Hartford Financial Services Group Inc. announced that Liam E. McGee has been appointed Chairman of the Board of Directors and Chief Executive Officer (CEO), effective October 1, 2009. McGee succeeds Ramani Ayer, who in June announced his intention to retire from the Company. Ayer will resign as Chairman and CEO effective October 1, 2009 and will retire on November 1, 2009, following a brief transition period. |
The Hartford Financial Services Group Inc. And Lord Abbett Enters Strategic Alliance For Defined Contribution Retirement Plans
September 23, 2009 |
| The Hartford Financial Services Group Inc. and Lord Abbett are entering into a strategic alliance to offer Lord Abbett`s 401(k) plan sponsors a smooth transition to a new plan provider, an exclusive offer to waive transfer fees, and expanded investment opportunities. |
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