The Hartford reported a 21 percent decline in net income for the second quarter as a legal charge took a hit on earnings.
The multiline carrier reported $476 million in net income, compared with $602 million for the second quarter of 2005.
The quarter's numbers include a previously announced charge of $158 million related to reinsurance recoverables and the company's agreement with Equitas and all Lloyd's syndicates reinsured by Equitas.
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