(Total Views: 1120)
Posted On: 08/24/2017 10:01:10 AM
Post# of 51
$HIG losing customers and clients...
After Hartford has continuously raised rates on insurance products, the residents of Texas have said enough. I also hear it from Louisiana and Georgia. The Hartford Financial Services Group, Inc. is not competitive in the market, they are losing their current renewing clients and significant drop in new business and getting short rated. They may have some claims to pay, but now cut off the source of new revenues. It will being interesting to reading their next financial statements. I think they are over valued and it's coming by down into the $40 or under... or struggle for a while and fall through the support levels in the mid $40's.
After Hartford has continuously raised rates on insurance products, the residents of Texas have said enough. I also hear it from Louisiana and Georgia. The Hartford Financial Services Group, Inc. is not competitive in the market, they are losing their current renewing clients and significant drop in new business and getting short rated. They may have some claims to pay, but now cut off the source of new revenues. It will being interesting to reading their next financial statements. I think they are over valued and it's coming by down into the $40 or under... or struggle for a while and fall through the support levels in the mid $40's.
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