NU Online News Service, Feb. 9, 3:39 p.m. EST
The Hartford Financial Services Group Inc., reversing a loss, reported a fourth-quarter profit on the strength of its investment portfolio and disciplined underwriting, the company's chief executive said today.
The Hartford, Conn.-based insurer reported fourth-quarter net income stood at $557 million, or $1.19 a share, an improvement over the prior year's net loss of $806 million, or negative $2.71 a share.
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