Wednesday, July 21, 2010

The Hartford

The Hartford Financial Services group is another of the big insurance companies in Hartford, perhaps four blocks east and north of Aetna, featured yesterday.  While Aetna now focuses heavily on health care products, The Hartford focuses on wealth management and property and casualty products for businesses and individuals. 

The Hartford celebrated its bicentennial on May 10, 2010.  The last few years have been hard on The Hartford.  It was caught up in the investment losses that affected many financial services companies.  In 2007, The Hartford's stock price was over $103/share, but in the spring of 2009 it fell below $4.  Today the stock price has recovered to the mid-$20 range. 

The Hartford's symbol is the stag, a male deer, or "hart."

The Hartford's main offices are on Asylum Avenue in Hartford, named for the Deaf and Dumb Asylum that later became the American School for the Deaf.  (See my July 16 posting.)

No comments: