Boston, MA 09/27/2013 (wallstreetpr) – Hartford Financial Services Group Inc (NYSE:HIG) announced the extension of its AARP agreement. This agreement was for offering auto and home insurance products to all its members. This is a 3 year extension to the existing one and will carry on till 1 January 2023. This program had been started 30 years ago and the latest extension announcement is the 4th consecutive one in this period of time.
The program
This particular program is marketed as – The AARP Automobile & Homeowners Insurance Program. Hartford Financial Services Group Inc (NYSE:HIG) offers auto as well as homeowners-insurance to AARP members. In addition it offers personal-insurance products like personal umbrella-insurance as well as coverage for motor-homes and off-road RV’s.
A leader in the field
The company has been a frontrunner in understanding and researching the needs of people above the age of 50 years. The Hartford Center for the Mature Market Excellence is staffed by gerontologists. It conducts public education programs and original research on mobility, safety and independence. The center applies its knowledge of aging in developing services and products for Hartford Financial Services Group Inc (NYSE:HIG) customers.
Thursday trading
In Thursday’s trading, Hartford Financial Services Group Inc (NYSE:HIG) stock dropped by 0.60%. The opening price of the shares was $31.78 which climbed to an intraday high of $31.85 and dropped to a close of $31.54. Approximately 2.78 million shares were traded on Thursday and an average volume of 3.50 million shares was traded over a 30 day period. The 52- week low of the shares was $18.57 and the 52-week high was $32.60. The company has a market capitalization of 14.35 billion.
About the company
Hartford Financial Services Group Inc (NYSE:HIG) was previously The Hartford Financial Services Group. It is a financial services and insurance company. It provides investment-products and property, life, and casualty-insurance to business and individual customers in the U.S.
