Shares of Hartford fell 18% Tuesday to $40.99 after Fitch Ratings revised to “negative” from “stable” its outlook on various Hartford ratings—including issuer default ratings, senior debt and insurer financial strength ratings—on fears of a further deteriorating credit market. Hartford noted that it is confident in its financial strength and in its ability to meet its commitments to customers. “Nothing is more important to us than honoring those promises and maintaining our strong ratings,” it said.
Paperless Comment: We work with Hartford. We love Hartford. Hartford is the best company by far outbidding all other carriers we worked with during the last 4 years. Their customer service, billing system, value of products, and convinience doing business with simply the best. Hartford is cool!