Announces Change in Institutional Investor Stance Due to Downgrade of The Hartford

Share Article, a powerful force in the structured settlement sales industry, has today announced big changes afoot after significant downgrade of The Hartford’s A.M. Best Co. rating.

News Image, the innovative leader in the structured settlement sales industry, has today announced two of its institutional investors will no longer purchase the payment rights from structured settlements issued by The Hartford. This comes on the heels of the announcement that The Hartford has been downgraded to a S&P rating of BBB+ (from A-) as listed on their investors report. This marks just the latest in a series of ongoing downgrades the company has suffered throughout 2013 and preceding years.

The immediate upshot of the downgrade of The Hartford for customers is this – those looking to sell structured settlement annuities from The Hartford will certainly face reduced prices and a slower process. Because’s two institutional investors are no longer purchasing structured settlements issued by The Hartford, annuitants seeking to sell all or part of their payments will face an uphill battle.

Not only will it take longer to find a qualified purchaser, but because of the increased risk associated with purchasing structured settlements from a company with a downgraded financial standing, buyers will charge a higher rate, leaving consumers with less money when everything is said and done.

According to, “The Hartford has been struggling with mounting senior debt and increasing delays in filing financial reports with securities regulators and debtholders.” As of mid-2013, The Hartford was sitting on $253 million in outstanding debt. Several other industry watchdogs have The Hartford on negative watch due to its flagging financial strength and potential for default.

Despite this setback, annuitants looking to sell The Hartford annuities are not completely out in the cold – is still the best place to find a qualified purchaser with the lowest rates.

To learn more about or begin receiving quotes for the sale of a structured settlement, visit

About Built on customer service and the principle of putting client interests first, has built a reputation for innovation, quality and honesty since its inception in 2007. The company specializes in providing clients with the means to sell lottery winnings, structured settlements (, annuity payments ( and more.

Share article on social media or email:

View article via:

Pdf Print

Contact Author

Brad Jones
Follow us on
Visit website