Hartford Financial Services Group News

Boy Scouts, Mormon Church Reach $1 Billion Settlement With Sex Abuse Victims

The Boy Scouts of America on Tuesday secured more than $1 billion in new settlements to resolve sex abuse claims, with $787 million coming from insurance group The Hartford and another $250 million from the Church of Jesus Christ of …

Insurer Chubb Offers to Acquire Rival Hartford for $23.24 Billion

Property and casualty insurer Chubb Ltd on Thursday offered to acquire smaller rival Hartford Financial Services Group Inc in a $23.24 billion cash-and-stock deal. Chubb’s $65 per share offer represents a premium of 13.2% to Hartford’s last close of $57.41. …