UNITED STATES
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): NOVEMBER 8, 2006
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HARTFORD LIFE, INC.
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(Exact name of registrant as specified in its charter)
Delaware 001-12749 06-1470915
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(State or other jurisdiction (Commission (IRS Employer
of Incorporation) File Number) Identification No.)
Hartford Life, Inc.
200 Hopmeadow Street
Simsbury, Connecticut 06089
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (860) 547-5000
Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:
[ ] Written communications pursuant to Rule 425 under the Securities Act (17
CFR 230.425)
[ ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17
CFR 240.14a-12)
[ ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
Exchange Act (17 CFR 240.14d-2(b))
[ ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
Exchange Act (17 CFR 240.13e-4(c))
ITEM 1.01 ENTRY INTO A MATERIAL DEFINITIVE AGREEMENT.
On November 8, 2006, the Securities and Exchange Commission issued an order
setting forth the terms of the settlement of the Commission's investigation of
Hartford Investment Financial Services, LLC, HL Investment Advisors, LLC and
Hartford Securities Distribution Company, Inc., each a wholly owned, indirect
subsidiary of Hartford Life, Inc. (together referred to herein as "Hartford
Life"), regarding the use of directed brokerage and revenue sharing in Hartford
Life's mutual funds and variable annuity businesses.
Pursuant to the terms of the order, Hartford Life has agreed to pay $55 million,
which will be distributed to funds that participated in Hartford Life's directed
brokerage program. The costs associated with the settlement have already been
accounted for in Hartford Life's previously disclosed charges for regulatory
matters.
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.
HARTFORD LIFE, INC.
Date: November 8, 2006 By: /s/ Neal S. Wolin
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Name: Neal S. Wolin
Title: Executive Vice President and
General Counsel