NU Online News Service, May 19, 9:35 a.m. EDT

After qualifying for $3.4 billion in U.S. bailout cash last week, The Hartford said yesterday it will not be selling its property-casualty, group benefits and life insurance businesses.

The company said it would move ahead with the p-c and life businesses as a result of a renewed focus "on our strong portfolio of protection businesses, primarily property and casualty, group benefits and life insurance."

Continue Reading for Free

Register and gain access to:

  • Breaking insurance news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Insurance Speak podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical converage of the employee benefits and financial advisory markets on our other ALM sites, BenefitsPRO and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.