Posts Tagged ‘ticking time bomb’

Hartford Ratings Cut by S&P

Tuesday, March 3, 2009 17:22 No Comments

We’ve been warning about the insurance stocks and Hartford in particular for months.  See these posts:
The Coming Annuity Crisis
Forecast 2009 (We predict another major insurance company failure in 2009, with Hartford as the leading candidate)
Today the Standard & Poor’s Ratings Services announced that it cut the ratings of Hartford Financial Services Group’s counterparty credit rating [...]

This was posted under category: Annuities, Credit, HIG, Insurance Tags: , , , , , , , , , , ,
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