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2014: Sold its Japan annuities business to Orix Life Insurance Corp. [13] 2013: Sold its life insurance business to Prudential, retirement plans to MassMutual, and a broker-dealer to AIG. [14] 2012: Announced it would focus on property and casualty insurance, group benefits and mutual funds, and would sell its wealth management businesses. [15]
The Hartford Steam Boiler Inspection and Insurance Company (HSB) is a global specialty insurer and reinsurer headquartered in Hartford, Connecticut. It was founded in 1866 and is the largest provider of equipment breakdown insurance and related inspection services in North America serving over five million commercial locations.
Batterson visited the London and Paris offices of European insurers to learn about the accident insurance business, then went home to Hartford and raised $500,000 in capital to launch a company to provide accident insurance to American travelers. [13] Travelers obtained its official state charter on June 17, 1863. [13]
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 ...
Starting your own business requires a significant investment of both time and money. Millions of people continue to step up to the challenge with 33 million small businesses active in the U.S. as ...
Proper insurance coverage protects your small business from unexpected circumstances and costs. Yet, according to the 2023 Hiscox Underinsurance Report, 75% of small businesses in the U.S. don’t ...
Conning & Company was founded in Hartford, Connecticut in 1912 by William Smith Conning. Conning was born in Slingerlands, New York, just outside of Albany on September 16, 1877, and moved to Hartford in 1904 to serve as office manager for investment firm Hornblower & Weeks.
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.
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