Highlights
A collection of news and information related to Hartford Financial Services Group Incorporated published by Tribune Company sources.
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Critics: AARP insurance stings seniors
Bloomberg NewsArthur Laupus joined AARP because he thought the nonprofit senior-citizen-advocacy group would make his retirement years easier. He signed up for an auto-insurance policy endorsed by AARP, believing the advertising that said he would save money. He didn'...Tags: Corporate Officers, Charity, Iowa, Ethics, Fraud
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Hartford Financial group restructures for bailout
HARTFORD, Conn. Hartford Financial Services Group Inc. said yesterday that it applied to switch its business structure to a savings-and-loan holding company, which would make the firm eligible for funding under the government's $700 billion bank rescue...Tags: Federal Trust Corporation
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Insurance
Four insurance companies on Friday asked the government to allow them to buy thrifts so they can qualify to receive federal money under the financial rescue program. Hartford Financial Services Group Inc., Genworth Financial Inc., Lincoln National Corp....Tags: Aegon NV, Genworth Financial Inc, Lincoln National Corporation, Insurance
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Insurers Hit Hard On Wall Street
Shares of The Hartford and other life insurers fell sharply Wednesday as investors grew more concerned about the sector's large exposure to commercial mortgage investments and the variable annuity business. Shares of the Hartford Financial Services Group...Tags: Lincoln National Corporation, MetLife Incorporated, Insurance, New York
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Stock prices hit new lows on more troubling economic data
For investors who thought the stock market had put the worst of this ruthless year behind it, it's time to recalibrate.
One of the most brutal downturns in stock market history intensified Wednesday as share prices fell to new lows on fear that the...Tags: Berkshire Hathaway Incorporated, Ford Motor Co., General Motors Corp., Economy, Burr Ridge
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Business Briefing: November 15, 2008
WALL STREET ENDS WEEK ON DOWN NOTE | Wall Street ended a turbulent week with another astonishing show of volatility Friday, with stocks plunging, recovering and then plunging again as investors absorbed another wave of downbeat economic news. The Dow...Tags: Financial and Business Services, Federal Trust Corporation, Stock Activities, U.S. Department of Treasury
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Hartford Financial to acquire Federal Trust
Sanford-based Federal Trust Corp. announced Friday that it has agreed to be acquired by insurance giant Hartford Financial Services Group Inc., a pending deal potentially worth $10 million. Terms call for the insurer to pay Federal Trust investors $1 a...Tags: Petroleum Industry, Economy, SeaWorld, Thanksgiving, Federal Trust Corporation
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Commercial-mortgage losses hurting insurers
The Associated PressA new wave of loan defaults, this time tied to commercial mortgages, is starting to hit insurance companies and may be contributing to the stock market's woes. Industry players say the insurers' predicament is being worsened by a rule requiring that...Tags: U.S. Securities and Exchange Commission, Genworth Financial Inc, Financial and Business Services, Citigroup Incorporated, Lincoln National Corporation
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Local stocks of interest
Consolidated-Tomoka Land Co. Friday's close: $26.09, down 10.34% from previous week Consolidated-Tomoka's board of directors last week authorized a program to repurchase $8 million of the company's shares. The Daytona Beach-based landowner and...Tags: Carnival Corporation, Royal Caribbean Cruises Ltd., Consolidated-Tomoka Land Company, Federal Trust Corporation, Home Depot Incorporated
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Vanishing jobs, stressed consumers feed downturn
AP Economics WriterThe nation's unemployment rate is at a 14-year high, Ford is planning more job cuts after burning through billions in the third quarter, and General Motors is expected to report its own dismal earnings results later Friday. The evidence continues to roll...Tags: Nancy Pelosi, Sales, Business, GlaxoSmithKline, Advanced Micro Devices Inc.
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Jobless claims tick down slightly from record level
AP Economics WriterNew claims for unemployment benefits dropped slightly last week, while the number of people continuing to receive benefits reached its highest level in more than 25 years, the government said Thursday. The Labor Department reported that initial claims...Tags: Economy, Government, Natural Disasters, Unemployment, Hurricanes
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House's 'no' vote hurt the fat cats -- and a lot of 401(k) accounts
MARKET BEATThe anti-bailout crowd got what it wanted Monday: More pain for Wall Street fat cats, to the tune of the biggest one-day drop in key stock indexes since the 1987 market crash. Unfortunately, that pain also was felt in the not-so-fat 401(k) retirement...Tags: Sales, Financial and Business Services, Stock Activities, New York, Stock Market
Dec 5, 2008
|Story| Orlando Sentinel
Nov 15, 2008
|Story| Baltimore Sun
Nov 15, 2008
|Story| South Florida Sun-Sentinel
Nov 20, 2008
|Story| Associated Press
Nov 20, 2008
|Story| Los Angeles Times
Nov 15, 2008
|Story| Allentown Morning Call
Nov 15, 2008
|Story| Orlando Sentinel
Nov 21, 2008
|Story| Orlando Sentinel
Nov 23, 2008
|Story| Orlando Sentinel
Nov 7, 2008
|Story| Associated Press
Nov 6, 2008
|Story| Associated Press
Sep 30, 2008
|Column| Los Angeles Times


