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Stock impact report

Nationwide Insurance to non-renew 100,000 pet insurance policies [Yahoo! Finance]

Hartford Financial Services Group, Inc. (The) (HIG) 
Last hartford financial services group, inc. (the) earnings: 4/29 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.thehartford.com
Company Research Source: Yahoo! Finance
The company blames the move on inflation, which has impacted the rising cost of veterinary care and other factors. Impacted policyholders will be notified, the company said. 2 more insurance companies announce plans to leave California “We certainly empathize with the disappointment many of our pet families feel and will fully stand by the protections for which they have paid through the end of their current term. Our rates will continue to be fair and appropriately priced for the plan, pet, and breed,” Nationwide Insurance said in a statement. The move comes as other insurance companies have limited business, especially in California. In March, State Farm General Insurance Company announced plans to non-renew about 72,000 policies in California, impacting property insurance and commercial apartment policies. Last year, the company also announced it would stop accepting new insurance applications for all business and personal property in California. Since then, companie Show less Read more
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