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The Hartford’s new CEO: Wealth management and retirement will be top priorities
Growth in The Hartford Financial Services Group Inc's wealth management and retirement businesses will be a renewed area of focus as the insurance giant welcomes its new CEO, Liam E. McGee, who officially joined the firm yesterday from Bank of America Corp.
The Hartford taps former BofA exec as new CEO
The Hartford Financial Services Group Inc. on Tuesday named Liam E. McGee, a former Bank of America executive, as its new chairman and CEO.
Hartford narrows 3Q loss, posts strong core profit
The Hartford Financial Services Group on Tuesday posted a much narrower loss for the third quarter, as its investment losses shrank as financial markets improved.
The Hartford launches search for new CFO
Life insurer Hartford Financial Services Group Inc. said Monday that its chief financial officer, Lizabeth Zlatkus, will be named its chief risk officer and the company will begin looking externally for a new CFO.
New Hartford VA lets clients allocate money to a built-in income component
The Hartford Financial Services Group Inc. has introduced a variable annuity that allows clients to allocate dollars into a built-in income component.
Woodbury taps former ING Advisors exec as new president and CEO
Woodbury Financial Services has tapped Patrick McEvoy, a former executive at one of the ING Advisors Network broker-dealers, to be its president and chief executive.
Hartford books $15M loss for second quarter; Lincoln losses $161M
The Hartford (Conn.) Financial Services Group Inc. booked a $15 million loss, or 6 cents per share, for the second quarter.
Hancock snags Hartford exec for new chief risk role
Craig Raymond has joined John Hancock Financial Services Inc. as its new chief risk officer and chief actuary, effective immediately.
Hartford slashes 270 jobs in investment products division
The Hartford (Conn.) Financial Services Group Inc. said that it has slashed 270 jobs in its investment products division, eliminating positions in its Planco LLC unit.
The Hartford says yes to TARP funds
The insurer yesterday received preliminary clearance to accept approximately $3.4 billion in federal aid.
Woodbury Financial settles with regulators over adviser background checks
As part of a settlement last month with securities regulators in Arizona, Woodbury Financial Services Inc. agreed to tighten its policy of looking into the financial backgrounds of their 1,750 reps and advisers.
Hartford chief steps down amid turmoil
Ramani Ayer, chairman and chief executive of the Hartford (Conn.) Financial Services Group Inc., said today that he will step down by the end of the year.
Ex-Allianz executive: Only a buyout can save Hartford
Only a buyout — preferably one by Allianz SE of Munich, Germany — will rescue The Hartford (Conn.) Financial Services Group Inc., wrote Bob MacDonald, former chief executive of Allianz Life of North America and Allianz Income Management Services, both in Minneapolis.
