Recent Updates — HIG-PG

The Hartford Insurance Group announced the commutation of its Aggregate Excess of Loss Reinsurance Agreement with National Indemnity Company, a subsidiary of Berkshire Hathaway, resolving an existing dispute. On September 25, 2026, The Hartford received a cash payment of $1.12 billion to terminate the agreement and release associated liabilities. As a result, the company expects to recognize a before-tax net gain of $497 million and an increase in net income of $393 million for the periods ended September 30, 2026, with no impact on core earnings. This transaction resolves confidential arbitration regarding adverse development cover reinsurance provided since December 31, 2016. The Hartford Insurance Group operates in the property and casualty insurance industry.

The Hartford Insurance Group appointed Priscilla Almodovar to its Board of Directors effective September 1, 2026. She will serve on the Finance, Investment and Risk Management Committee and the Audit Committee. For the remainder of the 2026-2027 service year, she receives a pro rata cash retainer of $82,700 and restricted stock units valued at $136,600. Almodovar is the former president and CEO of Fannie Mae. The Hartford Insurance Group operates in the property and casualty insurance and employee benefits industry.

The Hartford reported second quarter 2026 net income available to common stockholders of $1.3 billion ($4.68 per diluted share), a 31% increase from $990 million ($3.44 per diluted share) in the prior year period. Core earnings rose 1% to $945 million. The company's Board of Directors authorized a new $4.2 billion share repurchase program effective August 1, 2026, through the end of 2028, representing a 27% increase over the previous authorization. Additionally, the company entered into an agreement on June 3, 2026, to sell Hartford Funds Management, Inc., which resulted in a $251 million income tax benefit. The company operates in the insurance industry, providing property and casualty insurance and employee benefits.

The Hartford Insurance Group, Inc. announced the appointment of Randy Larsen to its Board of Directors, effective September 1, 2026. Mr. Larsen will serve on the Finance, Investment and Risk Management Committee and the Nominating and Corporate Governance Committee. The Hartford Insurance Group, Inc. is a property and casualty insurance and employee benefits provider.