| [April 17, 2012] |
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The Hartford Offers Electric Vehicle Discount
HARTFORD, Conn. --(Business Wire)--
According to a recent forecast, an estimated 100,000 electric vehicles
are expected to be sold in 2012.1 To help fuel this growing
industry, The
Hartford is now offering drivers of electric vehicles a discount on
their auto insurance policies, demonstrating the company's commitment to
supporting a cleaner environment.
The 5 percent discount is now available to new policyholders with
electric vehicles in Alabama, Arizona, California, Illinois, Kansas,
Minnesota, Oklahoma, and Texas and will be available nationwide by the
end of 2012. Current policyholders with electric vehicles will receive
the 5 percent discount at renewal.
"The Hartford is committed to environmental protection and we are
delighted to encourage others to engage in the effort," said Andy
Napoli, president of Consumer Markets at The Hartford. "This financial
incentive is a small way we can thank our customers for helping to
foster a greener environment. Together, our efforts will contribute to a
more sustainable future."
In addition to the electric vehicle discount, The Hartford has offered
owners of hybrid vehicles a 5 percent discount since 2009.
The Hartford's Green Efforts: A Look Back in Helping to Preserve the
Future
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In 2007, The Hartford launched a comprehensive environmental
stewardship effort by creating an environment committee and issuing a
climate change statement. The company also began to report to the
Carbon Disclosure Project.
-
Three years later, The Hartford met its first greenhouse gas emissions
reduction target of 15 percent. In 2011, the company issued a new
greenhouse gas emissions target of an additional 20 percent reduction
by 2017.
-
Building on 20 years of insuring renewable energy risks, The Hartford
launched a renewable energy insurance practice in 2010.
-
In 2011, The Hartford began providing millions of Sierra Club and
National Wildlife Fderation members and supporters access to its auto
and home insurance through a special program that offers discounted
rates in most states. That same year, The Hartford installed electric
vehicle charging stations at its Hartford and Windsor, Conn. campuses
and began installation at its Simsbury location. The company also
enhanced its homeowners insurance products with several new green
features, including coverage for home-based electric vehicle charging
stations.
For its environmental efforts, The Hartford was recognized in 2011 by
Newsweek Magazine as the 12th greenest company in America, and the
greenest financial services company.
More information on The Hartford's commitment to sustainability and
environmental stewardship is available in the company's Statement on Climate
Change and Sustainability Report, and its most recent annual
response to the Carbon
Disclosure Project, which has recognized The Hartford on its Carbon
Disclosure Leadership Index for the last four years.
To learn more about The Hartford's electric vehicle discount, contact
your local agent or visit www.thehartford.com.
About The Hartford
The Hartford Financial Services Group Inc. (NYSE: HIG) is a leading
provider of insurance and wealth management services for millions of
consumers and businesses worldwide. The Hartford is consistently
recognized for its superior service, its sustainability efforts and as
one of the world's most ethical companies. More information on the
company and its financial performance is available at www.thehartford.com.
Join us on Facebook (News - Alert) at www.facebook.com/TheHartford.
Follow us on Twitter (News - Alert) at www.twitter.com/TheHartford.
HIG-N
Some of the statements in this release may be considered forward-looking
statements as defined in the Private Securities Litigation Reform Act of
1995. We caution investors that these forward-looking statements are not
guarantees of future performance, and actual results may differ
materially. Investors should consider the important risks and
uncertainties that may cause actual results to differ. These important
risks and uncertainties include those discussed in our Quarterly Reports
on Form 10-Q, our 2011 Annual Report on Form 10-K and the other filings
we make with the Securities and Exchange Commission. We assume no
obligation to update this release, which speaks as of the date issued.
1 As reported by Clean Fleet Report: http://www.cleanfleetreport.com/electric-car-forecast-us/

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