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TUESDAY, NOVEMBER 24, 2009
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NEWS ABOUT: Hartford Financial

Hartford Financial stories: 5 news summaries

(Newser) - Now that the banks' stress tests are done, it's on to the insurance industry. The Treasury Department said today it will give TARP funds to the nation's biggest life insurers, the Washington Post reports. Hartford Financial has been given preliminary approval to receive $3.4 billion, and as-yet unspecified amounts... More »

MORE ABOUT:
Treasury Department • insurance industry • life insurance • Allstate • Prudential Financial • Lincoln National • Hartford Financial • TARP • Ameriprise • Principal Financial Group

As Life Insurers Face Losses, Next Bailout Decision Looms

Life insurers, a key cog in capital markets, seek TARP funds

Mar 12, 09 9:41 AM CDT
(Newser) - Life insurance companies, an oft-overlooked yet important cog in the financial infrastructure, haven’t been immune to tumbling markets, the Wall Street Journal reports, which are eroding both their portfolios and consumer confidence. A Dow Jones life insurance index is off 59% this year and 82% from its 2007 high,... More »

MORE ABOUT:
bonds • bond market • life insurance • capital markets • financial crisis • Prudential Financial • Hartford Financial • MetLife

MARKETS

 Indexes Mixed, Dow Drops 10 

All eyes are on Treasury's bank plan

Feb 9, 09 3:16 PM CST
(Newser) - Markets were mixed today as the delayed White House bank bailout plan left investors with little to go on, MarketWatch reports. Still, some financials soared, with Bank of America up 11.28% and insurers Hartford and Genworth Financial up at least 14%. The Dow fell 9.96 points to close... More »

MORE ABOUT:
Bank of America • Dow Jones • Nasdaq • S&P 500 • Genworth Financial • Hartford Financial • Hartford Insurance

MARKETS

 Insurer Leads 259-Point Surge 

Stocks manage to stay afloat despite terrible jobs report

Dec 5, 08 3:29 PM CST
(Newser) - Stocks rallied at the end of the session today despite a grim November jobs report that showed unemployment rising to 6.7%, MarketWatch reports. Insurer Hartford Financial led financials higher after announcing that its business were doing better than it had expected. The Dow rose 259.18 to close at... More »

MORE ABOUT:
Citigroup • Dow Jones • insurance • employment • Nasdaq • ECB • S&P 500 • Hartford Financial

MARKETS

 Dow Up 397 on Positive News 

Financials lead as government moves to help banking giant

Nov 24, 08 3:22 PM CST
(Newser) - Stocks rallied today in a vote of confidence for the $326 billion Citibank rescue plan and Barack Obama’s team of economic advisers, MarketWatch reports. Combined with Friday's surge, the rally was the largest 2-day jump in over 20 years. The Dow rose 396.97 points to close at 8,... More »

MORE ABOUT:
Barack Obama • Citigroup • Bank of America • Goldman Sachs • Dow Jones • Morgan Stanley • Nasdaq • economic stimulus package • S&P 500 • financial stocks • Genworth Financial • Hartford Financial

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