The Hartford's Deal With Aetna Spotlights Complementary Nature of Disability, Comp

The Hartford’s acquisition of Aetna’s U.S. group life and disability business for $1.45 billion in cash has the potential to boost the company’s workers’ comp business, company officials said. The acquisition, announced on Monday, includes Aetna’s group insurance book of business, which consists of 48% group life, 30% long-term disability and 16% short-term disability. In addition, it includes more than 160 clinical resources such as doctors, nurses and behavioral health clinicians. Disability and workers’ compensation have much in common, Christopher ...