Hartford Insurance Group, Inc 8-K, filed Sep 7, 2022
Hartford Insurance Group, Inc. (HIG)
8-K
2022-09-07
For: 2022-09-07
View Original
Added on
April 12, 2026
About this 8-K
Hartford Insurance Group, Inc filed this 8-K on September 7, 2022.
Items reported
- Item 5.02: Director or officer change, or executive pay
- Item 7.01: Regulation FD disclosure
- Item 9.01: Financial statements and exhibits
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): September 7, 2022
(Exact name of registrant as specified in its charter)
| (State or Other Jurisdiction of Incorporation) | (Commission File Number) | (IRS Employer Identification No.) | |||||||||
The Hartford Financial Services Group, Inc.
(Address of Principal Executive Offices) (Zip Code)
Registrant’s telephone number, including area code: (860) 547-5000
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
Securities registered pursuant to Section 12(b) of the Act:
| Title of each class | Trading Symbol(s) | Name of each exchange on which registered | ||||||
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b) On September 7, 2022 Douglas Elliot resigned as President of The Hartford Financial Services Group, Inc. (the "Company"), effective December 31, 2022.
Item 7.01 Regulation FD Disclosure.
On September 7, 2022, the Company issued a press release announcing Mr. Elliot’s retirement. The press release is furnished as Exhibit 99.1 to this Current Report on Form 8-K. The information furnished in Exhibit 99.1 shall not be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange Act"), or otherwise subject to the liabilities under that Section, and shall not be deemed to be incorporated by reference into any filing of the Company under the Securities Act of 1933, as amended, or the Exchange Act, except as may be expressly set forth by specific reference in such filing.
Item 9.01 Financial Statements and Exhibits
| Exhibit No. | |||||
| 99.1 | |||||
| 101 | Cover Page Interactive Data File - the cover page XBRL tags are embedded within the Inline XBRL document. | ||||
| 104 | The cover page from this Current Report on Form 8-K, formatted as Inline XBRL. | ||||
SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| The Hartford Financial Services Group, Inc. | ||||||||||||||
| September 7, 2022 | By: | /s/ Donald C. Hunt | ||||||||||||
| Name: Donald C. Hunt | ||||||||||||||
| Title: Senior Vice President and Corporate Secretary | ||||||||||||||
NEWS RELEASE
The Hartford Announces Doug Elliot To Retire As Company President
HARTFORD, Conn., Sept. 7, 2022 – The Hartford announced today Doug Elliot will retire as the company’s president effective Dec. 31, following more than 11 years with the company.
“Doug was instrumental in expanding the company’s suite of products, developing industry-specific verticals within our property-casualty business and elevating our underwriting excellence,” said The Hartford’s Chairman and CEO Christopher Swift. “We sincerely thank Doug for his strong leadership and steadfast determination in transforming The Hartford over the past decade. The company is well positioned for profitable growth in the years ahead as we build on our momentum to best serve all stakeholders.”
Elliot oversaw the integration of The Navigators Group, Inc., a global specialty underwriter, after The Hartford acquired it in 2019. The acquisition led to the creation of two distinct multi-billion-dollar, market-facing businesses – Middle & Large Commercial and Global Specialty, which together offer specialized solutions to help clients manage risk.
Effective Nov. 1, The Hartford will realign its leadership structure in preparation for Elliot’s retirement. A. Morris “Mo” Tooker, who currently heads Middle & Large Commercial, will report directly to Swift and will take on expanded responsibility for Global Specialty and Sales & Distribution. Stephanie Bush will report directly to Swift and maintain her role as head of Small Commercial and Personal Lines. The company’s Global Chief Underwriting Officer, Ross Fisher, also will report directly to Swift and will continue to have responsibility for underwriting across the enterprise, Global Reinsurance, Risk Engineering and the company’s Internet of Things operations.
Elliot said, “I am honored to have had the opportunity to work for this iconic and trusted brand and proud to be a part of The Hartford’s esteemed history. Today, we have the right mix of talent, suite of products and capabilities to succeed. I have great confidence in the deep experience of The Hartford’s leaders and look forward to seeing them continue to compete and win in the marketplace.”
Prior to joining The Hartford in 2011, Elliot served as CEO of Hartford Steam Boiler after a long and distinguished career in the insurance industry. He started his career in public accounting after graduating with a bachelor’s degree in accounting from the University of Connecticut.
About The Hartford
The Hartford is a leader in property and casualty insurance, group benefits and mutual funds. With more than 200 years of expertise, The Hartford is widely recognized for its service excellence, sustainability practices, trust and integrity. More information on the company and its financial performance is available at https://www.thehartford.com.
The Hartford Financial Services Group, Inc., (NYSE: HIG) operates through its subsidiaries under the brand name, The Hartford, and is headquartered in Hartford, Connecticut. For additional details, please read The Hartford’s legal notice.
HIG-C
Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our 2021 Annual Report on Form 10-K, subsequent Quarterly Reports on Forms 10-Q, and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.
From time to time, The Hartford may use its website and/or social media outlets, such as Twitter and Facebook, to disseminate material company information. Financial and other important information regarding The Hartford is routinely accessible through and posted on our website at https://ir.thehartford.com. In addition, you may automatically receive email alerts and other information about The Hartford when you enroll your email address by visiting the “Email Alerts” section at https://ir.thehartford.com.
Media Contact:
Matthew Sturdevant
860-547-8664
matthew.sturdevant@thehartford.com
Investor Contact:
Susan Spivak Bernstein
860-547-6233
susan.spivak@thehartford.com