The Hartford Insurance Group, Inc. reports company developments tied to property and casualty insurance, employee benefits, mutual funds and its subsidiaries operating under The Hartford brand. Recurring updates include quarterly financial results, Business Insurance and Personal Insurance trends, P&C written premiums, underwriting performance, core earnings, dividends, share repurchases and shareholder meeting matters.
News also covers Employee Benefits research, absence management, distribution leadership, sustainability rankings and risk-focused initiatives related to worker safety, business resiliency and extreme weather. These updates reflect the company’s mix of insurance underwriting, benefits administration, investment-fund operations, capital management and public-company governance.
The Hartford (NYSE: HIG) reported third-quarter 2026 net income available to common stockholders of approximately $1.3 billion, up 23% year over year. Diluted earnings were approximately $4.82 per share, up 28%. Non-GAAP core earnings fell approximately 6% to $956 million. Results included an approximately $497 million pretax gain from terminating an asbestos and environmental loss-protection agreement.
P&C written premiums grew approximately 4%, while catastrophe losses rose to approximately $198 million from $70 million. Business Insurance net income fell approximately 10%; Personal Insurance net income declined approximately 33%. Investment income increased to approximately $850 million from $755 million. The quarterly common dividend increased approximately 12% to $0.67 per share, payable Jan. 5, 2027. Quarterly share repurchases totaled approximately $475 million.
The Hartford (HIG) announced expanded executive responsibilities and a new chief risk officer, with changes effective Nov. 2, 2026. Chief Information Officer Shekar Pannala will oversee Data and Artificial Intelligence combined with Technology. Chief Claims Officer Stephen Deane will also oversee Operations. James M. Yanosy, currently chief financial officer for Business Insurance, Employee Benefits, Claims and centralized services, will become chief risk officer.
The Hartford (HIG) completed its acquisition of Equitable’s Employee Benefits business, expanding its non-medical benefits offerings for small and midsize employers. The acquired business represents approximately $500 million in premium; that figure is not the purchase price. Financial terms were not disclosed.
The acquired portfolio includes group life, disability, paid family and medical leave, supplemental health, dental and vision coverage. The transaction also includes approximately 300 employees and Equitable’s Employee Benefits technology, which supports unified digital capabilities and real-time connections between systems. The Hartford said the acquisition accelerates its Employee Benefits growth strategy by expanding its offerings and technology focused on small and midsize employers.
The Hartford (HIG) named President A. Morris “Mo” Tooker its next CEO, effective March 1, 2027, succeeding Christopher Swift.
Swift will become executive chair on the same date, and Tooker will join the board effective Oct. 1, 2026. Tooker joined The Hartford in 2015 as chief underwriting officer and currently leads business performance, strategy and enterprise-wide execution as president. Swift will transition after nearly 13 years as CEO and intends to step down as executive chair in the second half of 2027.
The Hartford (NYSE: HIG) has partnered with the University of California, Berkeley’s Bakar Labs for Energy & Materials (BL-EM) to support startups developing next-generation energy and materials technologies. The insurer will provide counseling, educational programming, mentorship and practical insurance and risk‑management expertise to early-stage companies.
The Hartford, led in this initiative by its Y‑Risk unit, will also join UC Berkeley’s Launch Advisory Group as the only insurer member, advising BL-EM company founders. BL-EM is a pilot program that plans to move into a 145,000-square-foot, purpose-built facility at UC Berkeley’s western entrance in early 2028, offering flexible wet labs and office space for physics, chemistry and materials science startups focused on planetary health.
The Hartford (NYSE:HIG) appointed Priscilla Almodovar, former president and CEO of Fannie Mae, to its Board of Directors, effective Sept. 1. She will serve on the Finance, Investment and Risk Management Committee and the Audit Committee, bringing extensive experience in financial services, capital management and risk oversight.
Almodovar previously led Fannie Mae’s $4.1 trillion mortgage business and has held senior roles at Enterprise Community Partners, JPMorgan Chase, the New York State Housing Finance Agency and law firm White & Case.
The Hartford (NYSE: HIG) has entered into a definitive agreement to acquire Equitable’s Employee Benefits business, which serves small and midsize employers with non-medical benefits. The transaction represents approximately $500 million in premium and is expected to close in the fourth quarter, subject to regulatory approvals and customary conditions.
According to The Hartford, the deal will add Equitable’s portfolio of group life, disability, paid family and medical leave, supplemental health, dental and vision products. The Hartford will also acquire Equitable’s Employee Benefits technology platform and welcome approximately 300 employees from the business. Financial terms were not disclosed, and the company stated the transaction does not change its previously announced capital management plans.
The Hartford (NYSE:HIG) reported second quarter 2026 net income available to common stockholders of $1.3 billion, or $4.68 per diluted share, up 31% and 36% year over year, respectively. Core earnings were $945 million, or $3.42 per diluted share, up 1% and 6%.
Trailing 12‑month net income ROE reached 23.8% and core earnings ROE 18.7%. Book value per diluted share rose to $70.28 and to $78.91 excluding AOCI. P&C written premiums grew 3%, led by 5% growth in Business Insurance; Employee Benefits fully insured ongoing premiums also increased 5%.
The company returned $615 million to stockholders in the quarter, including $450 million of share repurchases and $165 million in common dividends. The Board authorized a new $4.2 billion share repurchase program, a 27% increase over the prior authorization, effective Aug. 1, 2026 through year‑end 2028.
AM Best has affirmed the Long-Term Issuer Credit Ratings of “a” (Excellent) and the Long-Term Issue Credit Ratings of The Hartford Insurance Group (NYSE: HIG). It also affirmed the A+ (Superior) Financial Strength Rating and “aa” (Superior) Long-Term ICRs of Hartford Fire Insurance Company and its pooling subsidiaries, Hartford Life and Accident Insurance Company, and Navigators Insurance Company, all with stable outlooks.
According to AM Best, these ratings reflect The Hartford Insurance Group’s balance sheet strength, assessed as strongest, strong operating performance, favorable business profile and appropriate enterprise risk management. Supporting factors include strongest risk‑adjusted capitalization under BCAR, well-managed financial leverage, a $750 million five‑year revolving credit facility, Federal Home Loan Bank of Boston membership, a highly rated, diversified investment portfolio, solid liquidity and positive operating trends with premium growth in property/casualty and steady employee benefits income.
The Hartford (NYSE:HIG) appointed Randy Larsen to its Board of Directors, effective Sept. 1. He will serve on the board’s Finance, Investment and Risk Management Committee and the Nominating and Corporate Governance Committee, expanding oversight in financial, risk and governance areas.
Larsen brings more than two decades of insurance and financial services leadership, including 13 years at AssuredPartners, where he was CEO from 2023 until its 2025 acquisition by Gallagher. According to The Hartford, his experience in scaling an insurance brokerage through organic growth and acquisitions, operational transformation, and his prior senior roles in banking are expected to add valuable strategic insight.