The Hartford Facing Nationwide Class Action In Accident Settlement Case

March 30, 2009 11:39 by TakeDaRisk



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The 2005 case was filed on behalf of three people in Ohio, Pennsylvania and Oklahoma who had been injured in motor vehicle accidents by people insured by companies that are part of The Hartford Financial Services Group.

The suit involves "structured settlements," which resolve personal injury and workers' compensation claims and often use annuities to provide the payments. The Hartford allegedly gave people written statements of the cost or value of their settlement or annuity without indicating the company would take at least 15 percent of the amount for various fees, taxes, and profit.

Read more at

http://www.courant.com/business/hc-the-hartford-insurance-0314.artmar14,0,7267857.story

30. March 2009 11:39 by TakeDaRisk | Permalink

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