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American Bankers Association Endorses The Hartford for Property & Casualty Insurance
HARTFORD, Conn. and WASHINGTON, May 05, 2008 (BUSINESS WIRE) -- The American Bankers Association, through its subsidiary Corporation for American Banking, has announced its endorsement of The Hartford's Property and Casualty Insurance for Banks. The ABA endorsement includes The Hartford's bank-specific coverages designed to help banks protect their business against unexpected losses. The Hartford Financial Services Group, Inc., (NYSE: HIG) offers banks comprehensive coverages to address the unique insurance needs of banks, as well as standard lines coverages. The endorsement also recognizes the company's loss control, risk management and multi-state claims services. The Hartford's ABA-Endorsed Property & Casualty Insurance Solution for Banks includes: -- Bank-Specific Coverages - Mail Transportation, Trust Properties, Repossessed Automobile, ATMs, and more; -- Standard Lines Coverages - Property, Workers' Compensation, General Liability, Commercial Automobile, Umbrella; and -- Exceptional Services - Value-added Risk Management Services, Designated Claims Services for Specific Bank coverages, 24/7 Claims Reporting. "The Hartford has a longstanding commitment to financial institution customers. Our considerable experience in helping banks protect their business against unplanned losses is well known, as is our financial stability and exceptional customer service," said Stephanie Bush, senior vice president of middle market at The Hartford. "ABA members and banks around the country now have the opportunity to select The Hartford's comprehensive insurance solution endorsed with the ABA's industry seal of approval." "The Hartford has been a trusted insurance provider for nearly 200 years," said John Wolff, president of the ABA's Corporation for American Banking. "We've selected The Hartford as the choice for our members based on the company's A+ rating from AM Best and its commitment to tailoring products and services that address the growing needs of the community bank market. In addition, The Hartford's solution complements the ABA-Sponsored Bond and D&O program, underwritten by Progressive, and allows us to meet all of the insurance needs of our members." To learn more about the ABA's endorsement of The Hartford, visit Banks.TheHartford.com or www.aba.com. About The Hartford The Hartford, a Fortune 100 company, is one of the nation's largest diversified financial services companies, with 2007 revenues of $25.9 billion. The Hartford is a leading provider of investment products, life insurance and group benefits; automobile and homeowners products; and business property and casualty insurance. International operations are located in Japan, Brazil and the United Kingdom. The Hartford's Internet address is www.thehartford.com.