Hartford completes Equitable employee benefits acquisition

The Hartford completed the acquisition of Equitable’s Employee Benefits business. The deal adds approximately $500 million in non-medical premium revenue. Acquisition includes group life, disability, dental, and vision coverage products. Transaction integrates Equitable’s technology for real-time API benefits management. Approximately 300 employees joined The Hartford as part of the closing.

Hartford Insurance stock returns 14.55% annually over 15 years

The Hartford Insurance Group delivered a 14.55% annualized return over the past 15 years. The stock outperformed the broader market by 1.46% on an annualized basis. Current market capitalization stands at $37.72 billion with shares trading at $137.59. A $100 investment made 15 years ago has grown to $751.04 today.

The Hartford partners with UC Berkeley Bakar Labs for energy startup support

The Hartford partners with UC Berkeley’s Bakar Labs to support energy and materials startups. The insurer will provide risk management expertise and mentorship through its Y-Risk subsidiary. BL-EM will open a 145,000 sq ft facility housing a 50-company incubator in early 2028. Collaboration focuses on emerging risks in AI-driven energy systems and materials innovation.

The Hartford adds Priscilla Almodovar to board

The Hartford Insurance Group Inc has elected Priscilla Almodovar to its Board of Directors, effective Sept 1. The former Fannie Mae CEO will serve on the Finance, Investment and Risk Management Committee and the Audit Committee. Chairman and CEO Christopher Swift highlighted her expertise in financial services and risk management as critical to executing The Hartford’s strategy.

AM Best affirms Hartford Insurance Group credit ratings with stable outlook

AM Best affirmed the Financial Strength Rating of A+ (Superior) and Long-Term Issuer Credit Ratings of 'aa' (Superior) for Hartford Insurance Group subsidiaries, citing strongest balance sheet strength and strong operating performance. The agency also affirmed the 'a' (Excellent) Long-Term ICR for The Hartford Insurance Group, Inc. and various debt issuances. The outlook for all ratings is stable.

JP Morgan raises The Hartford Insurance Gr target to $152

JP Morgan maintained a Neutral rating on The Hartford Insurance Gr and raised its price target to $152 from $149. This follows a recent downgrade by Piper Sandler to Neutral with a $146 target, while Wells Fargo and Cantor Fitzgerald maintain Overweight ratings with higher targets of $165 and $158, respectively.