The Hartford revises personal lines CoR guidance up as severity issues persist
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The Hartford revises personal lines CoR guidance up as severity issues persist

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The Hartford has raised its personal lines combined ratio outlook for full-year 2022, with executives saying the inflationary impact on auto physical damage during the year’s second quarter was worse than expected.

“We expected to see some moderation in severity trends. And to date, that has not been the case,” CFO Beth Costello said in an earnings conference call with analysts.

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