The Travelers Cos. replaced Liberty Mutual as the largest provider of workers’ compensation in 2013, according to an annual list of top insurers by business segment released Wednesday. Continue reading
The CEO of Liberty Mutual Holding Company Inc. made $6.63 million last year, up 24 percent from 2012, not including $4.67 million in incentives that will provide value in future years and depend on the company’s performance. Continue reading
The CEO of Massachusetts Mutual Life Insurance Co. received $14.4 million in compensation last year, down 29 percent from 2012, the company reported in a recent filing. Continue reading
The Phoenix Cos. reported that its subsidiary, Phoenix Life Insurance Company, had a net loss of $21 million last year, according to a filing last week of unaudited, statutory results.
Employment at The Hartford Financial Services Group has declined steadily since the end of 2008 as the company had layoffs and sold off major segments to focus on property-casualty, according to the newest figures available Friday. Continue reading
Magellan Health Services Inc. on Monday reported a drop in fourth-quarter earnings due to rising cost of care, though revenues were up for the quarter and for the year. Continue reading
On Thursday, The Travelers Cos. Chairman and CEO Jay Fishman will be in Hartford to announce details of the future of Connecticut’s PGA Tour event, known as the Travelers Championship. Continue reading
ING U.S. reported a fourth-quarter profit Wednesday as the company grew its Retirement and Investment Management segments. Continue reading