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Hartford Financial Services Group Inc. - HIG STOCK NEWS

Welcome to our dedicated news page for Hartford Financial Services Group (Ticker: HIG), a resource for investors and traders seeking the latest updates and insights on Hartford Financial Services Group.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Hartford Financial Services Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Hartford Financial Services Group's position in the market.

Rhea-AI Summary
The Hartford reported strong first quarter 2024 financial performance with a net income of $748 million, a 41% increase from the same period in 2023. Core earnings were $709 million, up 32%. Property & Casualty written premiums rose by 9%, with Commercial Lines and Personal Lines seeing premium growth of 8% and 13% respectively. The company returned $491 million to stockholders in the quarter through share repurchases and dividends.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.82%
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Rhea-AI Summary
The press release highlights the increasing risks posed by more frequent and extreme weather events to employee health and business performance. The newly formed National Commission on Climate and Workforce Health emphasizes the need to enhance people, business, and economic resilience. CEOs recognize extreme weather as a critical threat, but only 17% have invested in strategies to protect employees. Exposure to extreme heat, poor air quality, and unprecedented weather events impacts physical and mental health, leading to significant productivity loss. The Commission aims to quantify health care cost implications, recommend risk-mitigating actions, and identify innovative solutions for employee protection.
Rhea-AI Impact
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End-of-Day
0.88%
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Rhea-AI Summary
The Hartford appoints Matthew Massaro as head of sales and underwriting for its Middle and Large Commercial Businesses’ Northeast Division. Massaro will lead operations for independent agents, brokers, and customers across seven Northeastern states. His extensive experience and track record position the company for continued success.
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Rhea-AI Sentiment
End-of-Day
0.75%
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Rhea-AI Summary
The Hartford has been named one of the World’s Most Ethical Companies® for the 15th time by Ethisphere. The company's culture of integrity, strong ethics, and compliance programs have earned them this recognition. The evaluation process covers key categories like culture of ethics, compliance, diversity, value chain support, and environmental practices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
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Rhea-AI Summary
The Hartford appoints Deepa Soni as chief information officer and head of Technology, Data, Analytics & Cyber, merging Operations and Technology functions to drive strategic growth.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.38%
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Rhea-AI Summary
The Hartford introduces Origin, a financial education and planning tool for employees, aiming to enhance financial wellness. Origin's platform offers U.S. workers access to budgeting, planning tools, and education. Jonathan Bennett, head of Group Benefits, highlights the company's commitment to expanding offerings to support employer clients and their employees.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.24%
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Rhea-AI Summary
The Hartford announces dividends for common stock and Series G preferred stock shareholders.
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0.64%
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Rhea-AI Summary
The Hartford has been ranked No. 15 on the 2024 JUST 100 list by JUST Capital and CNBC, marking the sixth consecutive year of inclusion. The company is recognized for its commitment to serving employees, customers, communities, the environment, and shareholders. The Hartford also ranked No. 1 in the insurance industry for its support of communities through job creation, charitable giving, and volunteering, as well as leading on environmental issues. The company's sustainability strategy aims to benefit both society and stakeholders.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.3%
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Rhea-AI Summary
The Hartford (NYSE: HIG) reported a 30% increase in net income available to common stockholders in the fourth quarter of 2023, and a 25% increase in core earnings. Property & Casualty written premiums rose by 10%, and Group Benefits fully insured ongoing premiums grew by 6%. The company returned $479 million to stockholders in the fourth quarter and $1.9 billion for the full year. The net income ROE was 17.5% and core earnings ROE was 15.8%.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.73%
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Rhea-AI Summary
The Hartford Financial Services Group, Inc. (HIG) declares a dividend of $375 on each Series G preferred stock, equivalent to $0.375 per depository share, payable on Feb. 15, 2024, to Series G preferred stock shareholders of record at the close of business on Feb. 1, 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.41%
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dividends
Hartford Financial Services Group Inc.

NYSE:HIG

HIG Rankings

HIG Stock Data

29.07B
295.57M
0.31%
96.28%
1.41%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
US
Hartford

About HIG

with more than 200 years of expertise, the hartford is a leader in property and casualty insurance, group benefits and mutual funds. the company is widely recognized for its service excellence, sustainability practices, trust and integrity. more information on the company and its financial performance is available at www.thehartford.com. learn more about recognition the hartford and its employees have received: http://newsroom.thehartford.com/content/default.aspx?newsareaid=20