John Paulson may want Hartford (HIG -3.7%) to spin off its property-casualty arm, but former top...

|About: Hartford Financial Services... (HIG)|By:, SA News Editor

John Paulson may want Hartford (HIG -3.7%) to spin off its property-casualty arm, but former top New Jersey insurance regulator Tom Considine notes that such a decision can't be made without regulatory input. Spinning off property-casualty and leaving a “less vibrant part behind would be closely scrutinized,” he says, adding, "Approval would be unlikely in this environment."