Exhibit 99.1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
April 23, 2002
THE HARTFORD FINANCIAL SERVICES GROUP, INC.
-------------------------------------------
(Exact name of registrant as
specified in its charter)
Delaware 0-19277
(State or other jurisdiction (Commission
of Incorporation) File Number)
13-3317783
(IRS Employer
Identification No.)
The Hartford Financial Services Group, Inc.
Hartford Plaza
Hartford, Connecticut
(Address of principal executive offices of registrant)
06115-1900
Zip Code
(860) 547-5000
Registrant's telephone number
Item 4. Changes in Registrant's Certifying Accountants.
On April 18, 2002, the Board of Directors of The Hartford Financial
Services Group, Inc. (the "Company") engaged Deloitte & Touche LLP ("Deloitte")
as the Company's independent auditors for the fiscal year 2002. Deloitte will
commence its engagement with the review of the Company's financial statements
for the second quarter of 2002.
Item 7. Financial Statements and Exhibits.
(a) Financial Statement of Businesses acquired. Not applicable.
(b) Pro forma financial information. Not applicable.
(c) The following are filed as exhibits to this Current Report:
Exhibit
Number Description
- ------- -----------
99.1 Press Release dated April 18, 2002.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
THE HARTFORD FINANCIAL SERVICES GROUP, INC.
Date: April 23, 2002 By: /s/ Neal S. Wolin
-------------------------
Name: Neal S. Wolin
Title: Executive Vice President and
General Counsel
3
EXHIBIT INDEX
Exhibit
Number Description
- ------- -----------
99.1 Press Release dated April 18, 2002.
Exhibit 99.1
[The Hartford LOGO] NEWS RELEASE
Hartford Plaza - Hartford, CT 06115
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Date: April 18, 2002
For Release: Upon Receipt
Contact: MEDIA INVESTORS
Cynthia Michener Joyce Willis Stuart Carlisle
860/547-5624 860/547-4951 860/547-8418
cynthia.michener@thehartford.com jwillis@thehartford.com stuart.carlisle@thehartford.com
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THE HARTFORD SELECTS DELOITTE & TOUCHE AS AUDITOR
HARTFORD, CONN. -- The Hartford Financial Services Group, Inc. announced
today that its Board of Directors appointed Deloitte & Touche LLP as its
independent accountant for fiscal year 2002 following the completion of a
thorough due diligence process. The Hartford initiated a "Request for Proposal"
(RFP) selection process in February as disclosed in its proxy statement filed
with the Securities and Exchange Commission.
The RFP process was conducted under the direction of The Hartford's audit
committee of the Board of Directors.
Deloitte & Touche will commence its engagement with the review of The
Hartford's financial statements for the second quarter of 2002. Deloitte &
Touche's audit of the company's full 2002 results will include financial
results for the first quarter.
The Hartford (NYSE: HIG) is one of the nation's largest investment and
insurance companies, with 2001 revenues of $15.1 billion. As of Dec. 31, 2001,
The Hartford had assets of $181.2 billion and shareholders' equity of $9.0
billion. The company is a leading provider of investment products, life
insurance and group benefits; automobile and homeowners products; business
property and casualty insurance; and reinsurance.
The Hartford's Internet address is www.thehartford.com.
# # #
Certain statements made in this release should be considered forward looking
information as defined in the Private Securities Litigation Reform Act of 1995.
The Hartford cautions investors that any such forward-looking statements are
not guarantees of future performance, and actual results may differ materially.
Investors are directed to consider the risks and uncertainties in our business
that may affect future performance and that are discussed in readily available
documents, including the company's annual report and other documents filed by
The Hartford with the Securities and Exchange Commission. These uncertainties
include the possibility of general economic and business conditions that are
less favorable than anticipated, changes in interest rates or the stock
markets, stronger than anticipated competitive activity, and more frequent or
severe natural catastrophes than anticipated.