2 insurers to reduce
The ITT Hartford Insurance Group and the Aetna Life and Casualty Company, said today that planned, is composed of different insurance markets in three countries.
Aetna said it would drop private car and homeowners’ insurance in Idaho and New Mexico because the companies were profitable and little hope for improvement.
Aetna, stopped the sale of car and new owners “policy in New Mexico and Idaho November 2, said he would not renew the policy of New Mexico from February next year, Idaho and March.
The Hartford, said it plans to withdraw from most of his own car insurance business in Michigan after the settlement of disputes with regulatory bodies and insurance agents in this state. The Hartford, written only two-tenths of 1 percent of Michigan’s personal auto insurance, wants to resign because of financial losses and regulatory restrictions.
Hartford plans withdrawal of five of its businesses - those that sell on independent - the personal auto insurance and “roof” of responsibility in Michigan. Private buy screens to protect themselves the costs of litigation.
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