Hartford Asks For Reporting Flexibility

Hartford also has submitted a permitted practice request related to the admissibility of deferred tax assets, Zlatkus said.

“If both requests are approved, they could provide a benefit of as much as 75 RBC [risk-based capital] points” for the company’s life operations, Zlatkus said.

“I would like nothing more than to be able to discuss this,” Connecticut Insurance Commissioner Thomas Sullivan says in a statement about Hartford’s request for flexibility. “Unfortunately, however, the law prohibits me and other commissioners from doing so.”