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December 07, 2004
Statement by The Hartford on Subpoena Related to Legal Malpractice Insurance
On December 2, 2004, The Hartford Financial Services Group, Inc. (NYSE: HIG) received a subpoena from the New York State Attorney General seeking certain information on issues related to its underwriting of professional malpractice insurance for lawyers and law firms. The Hartford will cooperate fully.
The Hartford is one of the nation's largest financial services and insurance companies, with 2003 revenues of $18.7 billion. The company is a leading provider of investment products, life insurance and group benefits; automobile and homeowners products; and business property-casualty insurance. The Hartford's Internet address is http://www.thehartford.com.
Some of the statements in this release may be considered forward-looking statements as defined in the Private Securities Litigation Reform Act of 1995. We caution investors that these forward-looking statements are not guarantees of future performance, and actual results may differ materially. Investors should consider the important risks and uncertainties that may cause actual results to differ. These important risks and uncertainties include those discussed in our Quarterly Reports on Form 10-Q, our 2003 Annual Report on Form 10-K and the other filings we make with the Securities and Exchange Commission. We assume no obligation to update this release, which speaks as of the date issued.
Posted by Tom Troceen