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CEO Liam E. McGee says 12 events during the second quarter caused $290 million in after-tax catastrophe losses and added 18.2 points to the combined ratio for the company’s commercial and consumer markets.

NU Online News Service, Aug. 4, 11:28 a.m. EDT

The Hartford says the highest second-quarter catastrophe losses in its history and asbestos-reserve strengthening led the insurer to a 68 percent drop in net income for the quarter.

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