Many consumers dont know much about the most common insurance products marketed to help address their retirement savings and income needs, a survey by Deloittes Center for Financial Services revealed.
Hartford Financial Services Group says it made an accounting error when reporting its third-quarter earningsa mistake that now puts the insurer in the red for 2012.
Hartford Financial Services Group's fourth-quarter profit beat analysts' estimates on better pricing in its property and casualty business, and the insurer said it would reduce debt by $1 billion and buy back shares.
Hartford Financial Services Group's fourth-quarter profit beat analysts' estimates on better pricing in its property and casualty business, and the insurer said it would reduce debt by $1 billion and buy back shares.
The acquisition of wholesale-broker Crump and the firming insurance market lifted fourth-quarter income for BB&T Insurance Services by 43 percent, the Winston-Salem, N.C.-bank BB&T says.
Severe tornado and hail events across the U.S. have significantly impacted the results of U.S. insurers (severe storms caused $25 billion in losses in 2011), leading them to re-evaluate coverage and pricing considerations and to look for products that specifically address these risks, says Christina Cronin, senior vice president of...