Hartford Financial Services Group struck a deal with Forethought Financial Group, a privately held financial services company, to sell its its individual annuity operations.

The Hartford’s decision to leave the individual annuity market doesn’t mean the insured retirement industry is struggling, according to the Insured Retirement Institute (IRI).

The Hartford is giving up on individual annuities, saying it will run-off its individual annuity business and either sell or seek other alternatives for its individual life, financial services and retirement plan segments.

USAA beat State Farm in the “good” customer service category in a new ranking of insurers, according to the Temkin Group.

More Americans are confident that their personal finances will improve in the next year, a trend resulting from increased retirement planning, a new study says.

The majority of American workers lack either short-term or long-term disability insurance, and just 25% of workers completely understand the offerings, according to a new study.

A Willingboro, N.J., woman pleaded guilty to stealing more than $9,000 in disability benefits paid by The Hartford Insurance Co. by impersonating a doctor’s office employee and forging a doctor’s signature.

Connecticut-based The Hartford has received preliminary approval on a settlement to pay $72.5 million to resolve a class action suit accusing the firm of keeping millions in fees that should have been distributed to 21,000 accident victims.

For the third consecutive year, Erie Insurance has finished first in customer satisfaction among auto insurance shoppers in a study by J.D. Power and Associates.

National insurance companies are defending their business practices after being included on a list released by the California Department of Insurance of those refusing a voluntary moratorium on future investments in firms linked to Iran.