M&A Deals, Workforce Reductions, Divestures, and Licensing Agreements - Research Report on American International Group,

   M&A Deals, Workforce Reductions, Divestures, and Licensing Agreements -
   Research Report on American International Group, Allstate, The Hartford
              Financial Services Group, Progressive and ING U.S.

Editor Note: For more information about this release, please scroll to bottom.

PR Newswire

NEW YORK, July 5, 2013

NEW YORK, July 5, 2013 /PRNewswire/ --

Today, Wall Street Reports announced new research reports highlighting
American International Group, Inc. (NYSE:AIG), The Allstate Corporation
(NYSE:ALL), The Hartford Financial Services Group, Inc. (NYSE:HIG), The
Progressive Corporation (NYSE:PGR) and ING U.S. Inc. (NYSE:VOYA). Today's
readers may access these reports free of charge - including full price
targets, industry analysis and analyst ratings - via the links below.

American International Group, Inc. Research Report

On July 2, 2013, American International Group, Inc. (AIG) announced that it
has retired the Chartis brand in Canada effective July 1, 2013, and informed
that the AIG Property Casualty insurance business in Canada will operate as
AIG Insurance Company of Canada (AIG Canada) going forward. On the same day,
AIG Canada also announced the launch of a new bilingual website tailored to
inform and meet the needs of the Canadian market. Robert H. Benmosche,
President and CEO of AIG said, "The re-launch of the AIG name marks a
significant achievement for our company. AIG's new brand promise, 'Bring on
tomorrow' underscores AIG's tenacity and ambition - to solve problems, to
innovate for the benefit of our clients, and to act as a powerful, global
team." AIG claimed that the policyholders of AIG Canada will continue to
benefit from the same underwriting and claims expertise, as well as the same
financial strength - as shown by the S&P "A+" stable rating, Moody's "A1"
stable rating and AM Best "A" stable rating that are currently assigned to the
company. The Full Research Report on American International Group, Inc. -
including full detailed breakdown, analyst ratings and price targets - is
available to download free of charge at:
[http://www.wsreports.com/r/full_research_report/9060_AIG]

--

The Allstate Corporation Research Report

On July 3, 2013, Bloomberg reported that home and auto insurer, Allstate
Corporation (Allstate) plans to cut about 379 employees or about 1% of its
workforce, by closing a call center in Woodridge, Illinois. Company
spokesperson, Chris Bauer told Bloomberg that the call center is scheduled to
close on August 11, 2013. "More of our calls are now being sent directly to
our agencies," Bauer said. "This has resulted in lower call volumes to our
call centers, so the difficult decision was made." According to Bloomberg, the
Illinois Department of Commerce and Economic Opportunity reported that
Allstate had notified the state in June 2013 that it will cut 348 jobs in
Woodridge next month and 31 in Northbrook. The Full Research Report on The
Allstate Corporation - including full detailed breakdown, analyst ratings and
price targets - is available to download free of charge at:
[http://www.wsreports.com/r/full_research_report/551f_ALL]

--

The Hartford Financial Services Group, Inc. Research Report

On June 27, 2013, The Hartford Financial Services Group, Inc. (Hartford)
announced that it has sold its subsidiary, Hartford Life International Limited
(HLIL) to Columbia Insurance Company, for c.$285 million in cash. At the close
of the sale, Hartford stated that HLIL's only asset will be its subsidiary,
Hartford Life Limited (HLL), a Dublin-based company. Further, the Company
informed that the transaction is expected to result in a net loss of
approximately $110 million, after-tax (calculated under U.S. GAAP), in Q2
2013. "The Hartford has made significant progress reducing the size and risk
of Talcott Resolution's legacy variable annuity blocks and the business unit
is now self-sufficient from a capital perspective," said Hartford EVP and CFO
Christopher J. Swift. "We are pleased with the outcome of the competitive
bidding process, which reflects our criteria of executing transactions on
terms that are attractive to The Hartford." The Full Research Report on The
Hartford Financial Services Group, Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.wsreports.com/r/full_research_report/eb10_HIG]

--

The Progressive Corporation Research Report

On June 28, 2013, The Progressive Corporation (Progressive) announced that it
is entering into a licensing agreement with United Services Automobile
Association (USAA) for intellectual property related to usage-based car
insurance programs. "We have found that key driving behaviors predict the
likelihood of a claim far better than traditional insurance rating variables
alone," said John Sauerland, Progressive Personal Lines Group President. "As
insurers realize the benefits UBI offers consumers, it's critical they deliver
programs that reflect responsible intellectual property practices, which
includes licensing the appropriate IP." According to a Bloomberg report dated
June 29, 2013, Progressive has patented a device that collects driving data
and calculates coverage based on a motorist's habits. The technology accounts
for more than $1 billion in Progressive's premiums and as per the report, USAA
can begin using Progressive's technology in April 2015. The Full Research
Report on The Progressive Corporation - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.wsreports.com/r/full_research_report/1a43_PGR]

--

ING U.S. Inc. Research Report

On July 1, 2013, ING U.S. Inc. (ING U.S.) announced that it has been added to
the Russell 1000 and Russell Global Indexes, following Russell Investments'
annual reconstitution of its comprehensive set of U.S. and global equity
indexes after the close of equity markets on June 28, 2013. "Following our
initial public offering in May, we're pleased to now be a part of both the
Russell 1000 and Russell Global Indexes," said Chairman and CEO Rodney O.
Martin, Jr. "We're excited about the future as we pursue our vision to be
America's Retirement Company, and we look forward to the broader
representation ING U.S. will have by being a part of these two indexes." The
Full Research Report on ING U.S. Inc. - including full detailed breakdown,
analyst ratings and price targets - is available to download free of charge
at: [http://www.wsreports.com/r/full_research_report/9132_VOYA]

----

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