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'Hard to overstate its significance': Uncertainty around The Hartford's future attracts legislators' attention


Hard to overstate its significance : Uncertainty around The Hartford s future attracts legislators attention
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Seen from Bushnell Park is, at center, The Hartford’s headquarters building at One Hartford Plaza in Hartford, Conn.File photo
HARTFORD Insurance giant The Hartford has rejected an approximately $23 billion acquisition offer. Whether it would turn down future bids is unclear.
The Hartford’s refusal last month of the proposed combination with insurance multinational Chubb Ltd., has cast doubt on the future of one of the pillars of the state’s insurance sector. The company has remained tight-lipped about its long-term plans, while a prospective deal has sparked scrutiny from state legislators concerned about the impact on a Fortune 500 firm that ranks as of the state’s largest corporate employers. ....

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