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05-05-2002, 04:36 PM
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Conservative Individualist
Join Date: May 1997
Location: Wherever I need to be
Posts: 7,487
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COLI
Unit:
Hartford Life doesn't have a dedicated COLI division although they are involved in SERP and various other funding plans. As you mentioned, the analysts and insurance companies are watching the case (along with the tort lawyers) closely due to the implications of a possibile future liability (in the multi-millions) for the companies involved, should the Texas case be adjudicated in the plaintiff's favor. WSJ probably has contacts at Hartford Life and since they are part of the industry, they responded in some way and were mentioned in the story. |
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