Dec 21, 2010

Breaking News: The Hartford Selling Third Party Claims Unit for $278M

Insurance Journal Breaking News
December 21, 2010

Breaking News Alert

The Hartford Selling Third Party Claims Unit for $278M

The Hartford said it has inked a $278 million deal to sell its third-party claims administration business, Specialty Risk Services (SRS), to Sedgwick Claims Management Services Inc.

The Hartford said the deal is expected to close in the first quarter, and will give the insurer capital gains of approximately $150 million, after taxes.

Read the full story

Send to a Friend

Insurance Journal
3570 Camino del Rio North, Suite 200
San Diego, CA 92108
(800) 897-9965
Copyright © 2010 by Wells Publishing, Inc.

No comments:

Post a Comment