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The Hartford Insurance Group, Inc., usually known as The Hartford, is a United States–based investment and insurance company. The Hartford is a Fortune 500 company headquartered in its namesake city of Hartford, Connecticut. [3] It was ranked 160th in Fortune 500 in the year of 2020. [4]
In 1851, the oldest predecessor of The Phoenix Companies, The American Temperance Life Insurance Company, was founded.The American Temperance Life Insurance Company was a part-mutual, part-stock company that insured only those who abstained from alcohol and was founded by a group of prominent Hartford businessmen as well as religious and civic leaders.
[5] [6] That personal insurance company is now Encompass Insurance Company, a subsidiary of Allstate. [7] In 2002, CNA exited the life, group and reinsurance business. On January 1, 2004, CNA sold its Group Benefits division to The Hartford, based in Hartford, Connecticut. [8] The Hartford merged its new purchase with its own Group Benefits ...
The Hartford To Sell Individual Life Insurance Business To Prudential For $615 Million; Transaction To Provide A Net Statutory Capital Benefit Of $1.5 Billion Announcement marks final agreement ...
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The Hartford Enhances Voluntary Benefits Capabilities With Sales, Enrollment, Product Updates Insurer announces expanded sales team, new enrollment partner and increased voluntary disability ...
In January 2013, the company acquired the individual life insurance business from The Hartford for $615 million in cash. The acquisition includes 700,000 in force life insurance policies with a face amount of approximately $135 billion. This move by Prudential brought over additional life insurance revenue. [19]
The Hartford Enhances Benefits Education Resources To Help Consumers During Enrollment Season Insurer shares customer stories, mobilizes digital tool and expands awareness campaign as part of its ...
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