Hartford Shares Fall Again on Variable Annuity

Hartford Financial Services shares fell 27% Monday as another recent stock market decline renewed concern about the insurer's variable annuity business.

That more than reversed Friday's gains, which came on the back of Hartford's plan to buy a small savings and loan and apply for a government investment of up to $3.4 billion.

Hartford Shares Fall Again on Variable Annuity
Source: Insurance News Net
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