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Hartford

Broad Equipment Rental, Sales Businesses Coverage

Equipment suppliers often have protection needs that extend beyond the scope of a traditional property policy. Whether a business rents tents and tables for special events, sells industrial machinery or leases high value medical equipment, protecting the equipment while it is in the company’s possession or in use by a customer is vital to the business’s operation. The Hartford Financial Services Group, Inc. now offers Equipment Rental & Sales Choice, a marine policy that provides property protection for a broad array of equipment suppliers. The policy brings together several different types of coverage typically offered in separate marine policies. “Having… Read More »Broad Equipment Rental, Sales Businesses Coverage

Hartford Launches Renewable Energy Unit

With the U.S. energy industry on the verge of a “renewable revolution,” fueled by state-level renewable portfolio standards and significant investments by public and private entities, companies engaged in renewable energy will need to protect their assets and investments while seeking ways to capitalize on the industry’s tremendous growth potential. The Hartford Financial Services Group, Inc. today announced the formation of its Renewable Energy Unit to address the unique and evolving needs of the rapidly growing renewable energy industry. The new unit will provide specialized underwriting and a full suite of property and casualty insurance products and services for makers,… Read More »Hartford Launches Renewable Energy Unit

The Hartford Hit With $14.5 Million Over South Carolina Printer’s Claim

A federal jury in South Carolina has awarded $14.5 million in damages to a South Carolina printing company against The Hartford insurance company in a case where the insurer believed a claim for a major fire loss in 2008 was arson. In March 2008, investigators said someone sprinkled fuel to set 11 different fires in the building of Genesis Press. The fires damaged several printing presses, computer drives and other equipment. Two weeks earlier, the business had also been vandalized with anti-Semitic graffiti, according to testimony at the trial. The Hartford stopped paying on the $7 million claim after it… Read More »The Hartford Hit With $14.5 Million Over South Carolina Printer’s Claim