Paulson Reveals Details Of Hartford Filings Split

Updated 3/12/12 at 12:23PM with regardings HIG's position on John Paulson's proposal:

New details emerged on Friday concerning the splitting of Insurer Hartford Filings into two separate groups. John Paulson, manager of the hedge fund Paulson & Co. which owns the largest share in the insurer, revealed more specific details about the split. Paulson was commenting on the proposal which was filed with the SEC today, Friday. The split is to involved the spinning off of the property and casualty sectors of the business to form a new group. The hedge fund manager believes the company...