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The Hartford Financial Services Group, Inc. - $HIG STOCK NEWS

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

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 The 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 The Hartford Financial Services Group's position in the market.

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%
Tags
-
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%
Tags
dividends
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Rhea-AI Summary
The Hartford (HIG) makes key leadership appointments, including A. Morris Tooker as head of Commercial Lines, Melinda Thompson as head of Personal Lines, Don Hunt as general counsel, Chris Jones as head of Small Commercial, and Tracey Ant as head of Middle & Large Commercial. These appointments will take effect in 2024, with Tooker leading Small Commercial in addition to retaining oversight of Middle & Large Commercial, Global Specialty, and Enterprise Sales & Distribution. The company's chairman and CEO, Christopher Swift, expressed confidence in the strategic focus and leadership of the new appointees, emphasizing the outstanding pipeline of talent and the company's strong market position.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.27%
Tags
management
Rhea-AI Summary
The Hartford announces increased quarterly dividend and strong financial results for Q3 2023. Net income available to common stockholders increased by 93% compared to the same period last year. Commercial Lines and Group Benefits businesses drove the positive performance. The company returned $481 million to shareholders in Q3.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.07%
Tags
-
Rhea-AI Summary
Stephen Deane appointed as The Hartford's new Chief Claims Officer, replacing Mary Nasenbenny who will retire at the end of 2023
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.33%
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none
-
Rhea-AI Summary
The Hartford partners with CUNY to surprise youth athletes with sports wheelchairs
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.07%
Tags
none
Rhea-AI Summary
The Hartford expands digital capabilities for agents and brokers, offering seamless transaction experience for mid- to large-sized businesses. New APIs and portal options save time, provide faster turnaround, and increase accuracy. Access to new business submission process available through direct API capabilities and online portals. Partnership with Highwing ensures open communication and accurate data sharing. Additional benefits include faster speed to market, easier submissions with pre-populated data, and streamlined workflow.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.14%
Tags
none
-
Rhea-AI Summary
The Hartford integrates Beam Benefits dental and vision plans with its group income protection and life insurance benefits
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.5%
Tags
none
-
Rhea-AI Summary
AM Best affirms The Hartford Financial Services Group's ratings; outlook stable
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.39%
Tags
none
Rhea-AI Summary
The Hartford reported a net income of $542 million ($1.73 per diluted share) for Q2 2023, a 23% increase from the same period last year. Property & Casualty written premiums rose 11% and Group Benefits fully insured ongoing premiums grew by 7%. The company returned $484 million to stockholders in Q2, including $350 million in share repurchases.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.03%
Tags
The Hartford Financial Services Group, Inc.

NYSE:HIG

HIG Rankings

HIG Stock Data

29.76B
295.57M
0.31%
96.28%
1.41%
Direct Property and Casualty Insurance Carriers
Finance and Insurance
Link
United States of America
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