Hartford money Services cluster, Inc., that is sometimes outlined because the state capital, the
insurance and investment firm primarily based within the us, that is an element of the Fortune five
hundred list. The 2013 revenues state capital, primarily based in state capital, Connecticut $ twenty
six.2 billion. and therefore the company's profits area unit divided between the property and casualty
operations, and cluster advantages, and mutual funds. [2]
Hartford is that the twelfth largest property and casualty company within the us, [3] and state capital
sells its product primarily through a network of agents and brokers, [4] The automotive and
residential insurance direct author of the members of the Association (formerly referred to as the
yank Association of Retired Persons) for quite twenty five years. [5]
The company's product offerings include:
Automobile and householders insurance
Commercial insurance, together with workers' compensation, automobile, property, general and
skilled responsibility
Employee advantages, together with incapacity, life, accident and health for retirees
Mutual funds (semi-advised by Wellington Management)
Contents [hide]
1 history
1.1 acquisitions and liquidation and connected changes
2 external recognition
3 References
4 External links
History [edit]
1875 card calendar to state capital Accident insurance underwriter
It was supported in state capital in 1810 in state capital, Connecticut. we have a tendency to gathered
a gaggle of native merchants in state capital hotel, and with a capital of $ fifteen,000 of labor, that the
corporate was supported state capital insurance. the corporate survived a number of the most
important tragedies in period of time within the history of America. once a large hearth that destroyed
the money district in ny in 1835, President of state capital, and Eliphalet Terry, his personal wealth is
employed to hide all injury claims the corporate. It enclosed alternative ruinous events Chicago
hearth in 1871 and therefore the 1906 urban center earthquake and hearth.
Acquisitions and liquidation and connected changes [edit]
1913: state capital Accident and shaped the corporate compensation for the supply of a good form of
sum, together with accident, motor and liability, personal-injury, business, and additional outages.
1959 and wanted to business and insurance to urge through the Colombian national company
insurance in Hub of the Universe, Massachusetts.
1970: obtained by the state capital $ one.4 billion ITT Corporation [6] at the time the most important
company takeover in yank history. The combined company has been modified ITT- state capital
cluster name, Inc.
ITT set to contour its operations and therefore the unleash of a number of its subsidiaries, associated
state capital became once more an freelance entity, mercantilism on the ny securities market
underneath the symbol: 1995 "HIG".
1997: "HLI" to vary the name of ITT- state capital cluster, Inc. of state capital money Services
cluster, Inc., conjointly issued associate initial public providing of its state capital Life underneath the
image
2000: the complete re-purchase shares of state capital Life (HLI was aloof from the ny securities
market in 2006).
2004: Purchased from the advantages of the division of CNA money cluster. The division was
primarily based in Chicago, Illinois. [Citation needed]
March 2012: proclaimed that it'll concentrate on property and casualty insurance, cluster advantages,
and mutual funds, and can sell its wealth management corporations [7].
2013: sold insurance business to prudent, and retirement plans for MassMutual, and dealer broker AIG's [8].
2014: Japan was sold to its pension ORIX insurance firm [9]
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