Breaking News: Hartford Bows to Shareholder Paulson, Sells Most Life Insurance Units

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March 21, 2012 Breaking News Alert Hartford Bows to Shareholder Paulson, Sells Most Life Insurance Units Read the full story The Hartford Financial Services Group yielded to demands from its biggest shareholder, famed hedge fund manager John Paulson, and said on Wednesday that it would get rid of most of its life insurance-related operations. The Hartford, one of the oldest companies in the United States and one of three insurers to get a government bailout during the financial crisis, said it would shut down its annuity business and pursue a sale or other options for its individual life insurance, retirement plan and broker/dealer businesses. Read the full story Send to a Friend Subscribe | Unsubscribe | Send to a Friend | Contact Us Insurance Journal 3570 Camino del Rio North, Suite 200 San Diego, CA 92108 (800) 897-9965 Copyright © 2012 by Wells Publishing, Inc.