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Hartford

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Hartford (The Hartford Financial Services Group, Inc. or The Harford) is a U.S. insurance company selling life insurance as well as property/casualty, homeowners, and auto insurance. Other products are workers' compensation, annuities, employee benefits administration, and mutual funds. It has been in business since 1810. Competitors include AIG, Berkshire Hathaway, and MetLife. [1]

Sales in 2007 were US$25.9 billion with income of US$4.2 billion. [2]

Political contributions

Hartford Financial Services gave $206,500 to federal candidates in the 2006 election through its political action committee - 33% to Democrats, 63% to Republicans, and 4% to independent Joe Lieberman (I-CT). [3]

Lobbying

The company spent $3,160,000 for lobbying in 2007. $540,000 went to the lobbying firms Mehlman Vogel Castagnetti and Elmendorf Strategies with the remainder being spent using in-house lobbyists. [4]

Personnel

Executives and 2007 pay: [5]

  • Ramani Ayer, Chairman and CEO, $15,831,896 (also exercised $8,180,508 in options)[6]
  • Thomas M. Marra, Chief Operating Officer, $8,837,377 (also exercised $3,505,025 in options)[7]
  • Neal S. Wolin, Chief Operating Officer, Property and Casualty Operations, $4,492,191[8]

Selected members of the Board of Directors: [9]

Contact details

One Hartford Plaza
690 Asylum Avenue
Hartford, CT 06115-1900
United States
Phone: 860-547-5000
Fax: 860-547-2680
Web: http://www.thehartford.com

Resources

Related SourceWatch articles

References

  1. Hartford Profile, Hoovers, accessed April 2008.
  2. Hartford Income Statement, Yahoo, accessed April 2008.
  3. 2006 PAC Summary Data, Open Secrets, accessed April 2008.
  4. Hartford Financial Services lobbying expenses, Open Secrets, accessed April 2008.
  5. Management Team, Hartford, accessed April 2008.
  6. Ramani Ayer, Forbes, accessed April 2008.
  7. Thomas M Marra, Forbes, accessed April 2008.
  8. Neal S Wolin, Forbes, accessed April 2008.
  9. Board of Directors, Harford, accessed April 2008.