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BUSINESS
May 29, 1987
Arthur A. Hartman, former U.S. ambassador to the Soviet Union, has been elected to the board of Hartford Fire Insurance Co., the principal subsidiary of Hartford Insurance Group, Hartford, Conn.
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BUSINESS
January 22, 1990 | From United Press International
Hartford Insurance Sues Gillespie: the suit against Insurance Commissioner Roxani Gillespie in Los Angeles Superior Court Tuesday seeks to block the implementation of her department's emergency Proposition 103 regulations as unconstitutional. Gillespie's regulations are "overly burdensome to implement and prohibit Hartford from setting its auto insurance rates in a manner that is even remotely related to its actual costs," the suit said.
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NEWS
October 27, 1989 | KENNETH REICH, TIMES STAFF WRITER
Insurance Commissioner Roxani Gillespie, concerned that scores of insurance companies are trying to use an ambiguous decision two weeks ago by a Los Angeles judge to circumvent her freeze on auto insurance rate increases, will go back into court today to try to get the decision clarified and the freeze strengthened. Gillespie announced Thursday that she will challenge the Aetna insurance company's attempt to implement a 9.
BUSINESS
March 23, 1985
Dow Jones News Service quoted informed sources as saying that Minneapolis investor Irwin L. Jacobs is seeking partial liquidation of the giant company. Jacobs is a major ITT shareholder. The sources said that the partial liquidation would include spinning off many of the New York company's important assets, including Hartford Insurance Group and Sheraton Corp. to shareholders. Jacobs, who is chairman of Minstar Inc., met with ITT's chief financial officer, M. Cabell Woodward Jr.
BUSINESS
February 17, 1989 | KENNETH T. YAMADA, Times Staff Writer
The Hartford Insurance Group of Connecticut said Thursday that it plans to shut down clerical operations in Brea and Walnut Creek on May 26, and that 205 workers at the two facilities must either transfer to Hartford operations in other states or lose their jobs. About 65 employees at a Brea underwriting and service center and about 140 employees at a Walnut Creek processing center will be affected, said Hartford spokesman Richard A. Bulat.
BUSINESS
January 17, 1985 | PAUL RICHTER, Times Staff Writer
ITT Corp., struggling to cut debt and ward off the threat of takeover, said Wednesday that it is "accelerating" its 5-year-old divestiture program and plans to sell about $1.7 billion in assets. In a statement attributed to Chairman Rand V. Araskog, the New York conglomerate said it will sell some overseas insurance, publishing and educational-service units, as well as minority stakes in overseas telecommunications subsidiaries and its Sheraton hotel unit.
BUSINESS
January 22, 1990 | From United Press International
Hartford Insurance Sues Gillespie: the suit against Insurance Commissioner Roxani Gillespie in Los Angeles Superior Court Tuesday seeks to block the implementation of her department's emergency Proposition 103 regulations as unconstitutional. Gillespie's regulations are "overly burdensome to implement and prohibit Hartford from setting its auto insurance rates in a manner that is even remotely related to its actual costs," the suit said.
NEWS
July 29, 1989 | PHILIP HAGER, Times Staff Writer
A federal judge intends to dismiss a massive suit by California and 18 other states accusing some of the nation's largest insurers of conspiring to unfairly limit liability coverage for government and business, lawyers said Friday. In a tentative opinion, U.S. District Judge William W. Schwarzer concluded that the defendants are immune under an act that grants an exemption to insurance companies from most federal antitrust laws, the attorneys said.
BUSINESS
February 17, 1989 | KENNETH T. YAMADA, Times Staff Writer
The Hartford Insurance Group of Connecticut said Thursday that it plans to shut down clerical operations in Brea and Walnut Creek on May 26, and that 205 workers at the two facilities must either transfer to Hartford operations in other states or lose their jobs. About 65 employees at a Brea underwriting and service center and about 140 employees at a Walnut Creek processing center will be affected, said Hartford spokesman Richard A. Bulat.
NEWS
March 23, 1988 | KENNETH REICH, Times Staff Writer
The attorneys general of California and eight other states filed lawsuits Tuesday accusing major U.S. and British insurance companies of conspiring to restrict the availability of liability insurance for government and business and to eliminate coverage for damage from environmental pollution. As a result, the suits allege, rates skyrocketed in what became known as the liability crisis.
NEWS
July 29, 1989 | PHILIP HAGER, Times Staff Writer
A federal judge intends to dismiss a massive suit by California and 18 other states accusing some of the nation's largest insurers of conspiring to unfairly limit liability coverage for government and business, lawyers said Friday. In a tentative opinion, U.S. District Judge William W. Schwarzer concluded that the defendants are immune under an act that grants an exemption to insurance companies from most federal antitrust laws, the attorneys said.
BUSINESS
May 29, 1987
Arthur A. Hartman, former U.S. ambassador to the Soviet Union, has been elected to the board of Hartford Fire Insurance Co., the principal subsidiary of Hartford Insurance Group, Hartford, Conn.
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