The Hartford Insurance Group Inc Stock Price, News & Analysis

The Hartford (HIG) has announced a strategic partnership with Nayya to enhance its Employee Benefits platform through AI-driven technology integration. The collaboration will provide The Hartford's employer-customers with personalized benefits-enrollment experiences for their employees. The Nayya platform analyzes employee data to offer tailored recommendations, cost comparisons, and detailed explanations of benefits plans.

This integration is part of The Hartford's multi-year investment in HR technology, aimed at improving benefits management and workplace productivity. According to The Hartford's Future of Benefits survey, there is a clear need for better resources to help employees understand their benefits. The company will host a webinar on June 12, 2025, titled "AI-Powered Decision Support: Elevating Benefits Enrollment" to provide more information about the platform.

The Hartford (HIG) has announced its latest dividend declarations. The company's Board of Directors has declared a quarterly dividend of $0.52 per share of common stock, which will be paid on July 2 to shareholders of record as of June 2. Additionally, the board declared a dividend of $375 per share on Series G preferred stock (equivalent to $0.375 per depository share), payable on August 15 to Series G preferred stockholders of record as of August 1.

The Hartford (HIG) has announced its upcoming virtual annual meeting of shareholders, scheduled for May 21, 2025, at 12:30 p.m. EDT. Shareholders of record as of March 24, 2025, or their legal proxy holders, will be able to attend, vote, and submit questions through www.virtualshareholdermeeting.com/HIG2025 using their 16-digit control number. While guests can attend, they won't have voting or question submission privileges. Shareholders can also vote and submit questions in advance at www.proxyvote.com. A 30-day replay will be available on the company's investor relations website.

The Hartford (HIG) has pledged $2 million to expand its Small Business Accelerator Grant Program in partnership with Main Street America. The multi-year initiative aims to support approximately 1,500 small businesses across 15 communities nationwide by providing access to affordable multi-use commercial spaces.

The program will fund the development of physical spaces like pop-up shops and co-working spaces, as well as create a virtual accelerator program with training, networking, and mentorship opportunities. The first round of grants has been awarded to eight Main Street communities across three categories: New and Expanding Grants, Operating Grants, and Sustaining Grants.

Recipients include communities in Illinois, Michigan, South Carolina, Washington, Georgia, and Kentucky. The next round of grants will be announced in 2026.

The Hartford (HIG) reported first quarter 2025 financial results with net income of $625 million ($2.15 per diluted share), down 16% from $748 million in Q1 2024. Core earnings decreased 10% to $639 million ($2.20 per share).

Key highlights include:

• Property & Casualty written premiums increased 9%, with Business Insurance up 10% and Personal Insurance up 8%
• Business Insurance combined ratio of 94.4 with underlying combined ratio of 88.4
• Personal Insurance combined ratio of 106.1 with underlying combined ratio of 89.7
• Employee Benefits core earnings margin improved to 7.6%
• Catastrophe losses of $467 million, including $325 million from January 2025 California Wildfire
• Returned $550 million to stockholders through share repurchases ($400M) and dividends ($150M)

The Hartford announced a significant organizational restructuring of its Technology and Operations functions. Shekar Pannala has been appointed as chief information officer, leading Technology, cyber security, infrastructure and cloud modernization. Jeffery Hawkins has been named chief data, AI and operations officer, expanding his role to include Operations alongside his existing oversight of data, analytics and AI.

Both executives will report directly to Chairman and CEO Christopher Swift, effective immediately. This restructuring follows the resignation of Deepa Soni, former chief information and operations officer. Pannala brings 30 years of experience, including roles as global CIO at Chubb and CTO at S&P Global. Hawkins has over 25 years of experience, previously serving as CIO at CVS Health and holding senior leadership positions at Humana.

The Hartford has achieved a significant milestone by being named one of the World's Most Ethical Companies® for the 16th time by Ethisphere, a global leader in ethical business practices standards. This recognition highlights the company's commitment to maintaining high standards of business conduct.

The company's ethical foundation is built on robust ethics, governance and compliance programs, with a focus on leadership accountability and continuous employee education. The Hartford conducts annual Ethics and Compliance week activities and provides year-round training on appropriate business conduct.

In 2025, The Hartford joins an elite group of 136 honorees across 19 countries and 44 industries. The evaluation process assessed five key categories: ethics and compliance practices, governance, ethical culture, sustainability, and value chain initiatives.

The Hartford's Board of Directors has announced two dividend declarations: $0.52 per share of common stock and $375 per share of Series G preferred stock. The common stock dividend will be paid on April 2 to shareholders of record as of March 3. For Series G preferred stockholders, the dividend (equivalent to $0.375 per depository share) will be distributed on May 15 to shareholders of record as of May 1.