The Hartford

The Coalition of Abused Scouts for Justice Comments on Disclosure Statement Hearing in the Boy Scouts of America Chapter 11 Bankruptcy Case

Retrieved on: 
Wednesday, September 29, 2021

"Nineteen months have elapsed since the Boy Scouts of America sought bankruptcy protection.

Key Points: 
  • "Nineteen months have elapsed since the Boy Scouts of America sought bankruptcy protection.
  • During this time, survivors have waited patiently for justice and for compensation, but they cannot wait much longer.
  • Attorneys for the Boy Scouts have stated that the organization will not be solvent if this case drags on much longer.
  • These agreements are supported by Coalition members, as well as Boys Scouts of America, local Boy Scouts councils, and the future claims representative.

Photographer Merik Goma To Begin Artist In Residence At The Amistad Center

Retrieved on: 
Thursday, September 23, 2021

HARTFORD, Conn., Sept. 23, 2021 /PRNewswire/ -- The Amistad Center for Art & Culture is pleased to announce Merik Goma as the inaugural Joyce C. Willis Artist in Residence.

Key Points: 
  • HARTFORD, Conn., Sept. 23, 2021 /PRNewswire/ -- The Amistad Center for Art & Culture is pleased to announce Merik Goma as the inaugural Joyce C. Willis Artist in Residence.
  • Merik Goma, a Manistee, MI native, is a New Haven based photographer and recent graduate of the NXTHVN Fellowship Program, an arts incubator founded by renowned artist Titus Kaphar.
  • Goma will have access to the full Amistad Center collection of art and artifacts to inspire and inform his new body of work.
  • Throughout the residency, he will be a valued resource to The Amistad Center, particularly as The Amistad Center shapes educational events and public programming around the artist and his technique.

AM Best Assigns Issue Credit Rating to The Hartford Financial Services Group, Inc.’s New Senior Unsecured Notes

Retrieved on: 
Thursday, September 16, 2021

AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of a- (Excellent) to The Hartford Financial Services Group, Inc.s (The Hartford) (headquartered in Hartford, CT) [NYSE: HIG] recently announced $600 million, 2.9% senior unsecured notes due September 2051.

Key Points: 
  • AM Best has assigned a Long-Term Issue Credit Rating (Long-Term IR) of a- (Excellent) to The Hartford Financial Services Group, Inc.s (The Hartford) (headquartered in Hartford, CT) [NYSE: HIG] recently announced $600 million, 2.9% senior unsecured notes due September 2051.
  • The outlook assigned to this Credit Rating (rating) is stable.
  • For additional information regarding the use and limitations of Credit Rating opinions, please view Guide to Best's Credit Ratings .
  • AM Best is a global credit rating agency, news publisher and data analytics provider specializing in the insurance industry.

Coalition Of Abused Scouts For Justice Secures $1.037 Billion In Latest Round Of Additional Settlements With Hartford Financial Services Group And The Church Of Jesus Christ Of Latter-Day Saints

Retrieved on: 
Tuesday, September 14, 2021

This agreement is supported by Coalition members, as well as Boys Scouts of America, local Boy Scouts councils, and the future claims representative.

Key Points: 
  • This agreement is supported by Coalition members, as well as Boys Scouts of America, local Boy Scouts councils, and the future claims representative.
  • This brings the total amount of monetary compensation available thus far to survivors to $1.887 billion, with additional settlements expected in the coming weeks.
  • Coalition member Adam Slater of Slater Slater Schulman LLP stated: "This series of settlements delivers these survivors the justice they deserve.
  • The Coalition is comprised of 27 law firms who collectively represent more than 65,000 childhood sexual assault abuse survivors nationwide.

Embroker Launches New Standalone, Digital-First Cyber and Crime Business Insurance Products

Retrieved on: 
Tuesday, September 14, 2021

Embroker , the digital platform making it radically simple to get business insurance, today announced the availability of two new standalone digital insurance products: Cyber Insurance and Commercial Crime Insurance.

Key Points: 
  • Embroker , the digital platform making it radically simple to get business insurance, today announced the availability of two new standalone digital insurance products: Cyber Insurance and Commercial Crime Insurance.
  • Embroker insurance products, built digitally from the ground up, are designed for privately held small to medium sized businesses that are being underserved by legacy commercial insurance carriers.
  • This is why it is critical for Embroker to provide new insurance products that deliver strong coverage for cyber and other crimes.
  • Through Embroker Access, Embroker provides partner agencies and wholesalers with the capability to offer all of Embrokers industry-leading insurance products to their customers.

Employee Exhaustion: The Hartford Survey Finds Widening Gap In Burnout Rates Of Women And Men; Burned-Out U.S. Workers More Likely To Seek New Jobs

Retrieved on: 
Monday, September 13, 2021

Burned-out U.S. workers were also more likely to look for a new job, the national survey showed.

Key Points: 
  • Burned-out U.S. workers were also more likely to look for a new job, the national survey showed.
  • Fostering an open, inclusive work environment that provides flexibility is an important step in addressing burnout and helping employees remain productive at work.
  • The Hartfords latest survey showed the more burnout employees are experiencing, the more likely they are to look for a new job.
  • The July survey also found 37% of U.S. workers are likely to search for a job in the next six months.

GuideOne Insurance Appoints Michael Hughes to Board of Directors

Retrieved on: 
Friday, September 3, 2021

West Des Moines, Iowa, Sept. 03, 2021 (GLOBE NEWSWIRE) -- GuideOne Insurance announced the election of Michael Hughes, former President of Business Insurance, Liberty Mutual, to the Boards of GuideOne Mutual Holding Company and GuideOne Insurance Group, Inc., effective August 19, 2021.

Key Points: 
  • West Des Moines, Iowa, Sept. 03, 2021 (GLOBE NEWSWIRE) -- GuideOne Insurance announced the election of Michael Hughes, former President of Business Insurance, Liberty Mutual, to the Boards of GuideOne Mutual Holding Company and GuideOne Insurance Group, Inc., effective August 19, 2021.
  • Hughes brings more than 30 years of experience as an insurance leader in a variety of underwriting and executive roles.
  • Throughout his career, Hughes has proven his expertise in the underwriting, distribution and organic growth elements of an expanding insurance business.
  • GuideOne President & Chief Executive Officer, Jessica Snyder, said, We are thrilled to welcome Mike to the GuideOne Board of Directors.

The Hartford Names Shahzad Ahmad Head Of Western Division Field Sales And Underwriting For Middle And Large Commercial

Retrieved on: 
Thursday, August 19, 2021

The Hartford has appointed Shahzad Ahmad head of the Western Division for the companys Middle and Large Commercial Insurance business.

Key Points: 
  • The Hartford has appointed Shahzad Ahmad head of the Western Division for the companys Middle and Large Commercial Insurance business.
  • He will report to Tracey Ant, head of Field Operations & General Industries for Middle and Large Commercial insurance.
  • Ahmad succeeds Gretchen Thompson, who was recently appointed head of Construction, Inland Marine, Excess Solutions and Complex Liability Solutions for Middle and Large Commercial at The Hartford.
  • The Hartford Financial Services Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Connecticut.

AM Best Affirms Credit Ratings of The Hartford Financial Services Group, Inc. and Subsidiaries

Retrieved on: 
Thursday, July 29, 2021

AM Best also has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term ICRs of aa- (Superior) of Hartford Fire Insurance Company (Hartford, CT) and its pooling subsidiaries and affiliates, collectively known as the Hartford Insurance Group.

Key Points: 
  • AM Best also has affirmed the Financial Strength Rating (FSR) of A+ (Superior) and the Long-Term ICRs of aa- (Superior) of Hartford Fire Insurance Company (Hartford, CT) and its pooling subsidiaries and affiliates, collectively known as the Hartford Insurance Group.
  • The ratings reflect the Hartford Insurance Groups risk adjusted capitalization, which remains at the strongest level, as measured by Bests Capital Adequacy Ratio.
  • AM Best anticipates The Hartford will maintain solid liquidity to support any potential capital needs of its operating subsidiaries.
  • The FSR of A+ (Superior) and the Long-Term ICRs of aa- (Superior) have been affirmed with stable outlooks for the following subsidiaries of The Hartford Financial Services Group, Inc.:

The Hartford Declares Quarterly Dividends Of $0.35 Per Share Of Common Stock And $375 Per Share Of Series G Preferred Stock

Retrieved on: 
Wednesday, July 21, 2021

The board also declared a dividend of $375 on each of the Series G preferred stock (equivalent to $0.375 per depository share) payable on Nov. 15, 2021, to Series G preferred stock shareholders of record at the close of business on Nov. 1, 2021.

Key Points: 
  • The board also declared a dividend of $375 on each of the Series G preferred stock (equivalent to $0.375 per depository share) payable on Nov. 15, 2021, to Series G preferred stock shareholders of record at the close of business on Nov. 1, 2021.
  • The Hartford is a leader in property and casualty insurance, group benefits and mutual funds.
  • With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity.
  • The Hartford Financial Services Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Connecticut.