Hartford Financial Services (HIG +6.3%) has been pursuing "opportunistic" sales of mortgage...

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

Hartford Financial Services (HIG +6.3%) has been pursuing "opportunistic" sales of mortgage assets in the wake of repaying its government bailout. CEO Liam McGee, hired in the fall, is investing HIG's cash into higher-rated corporate bonds and reducing its risky exposure to structured securities.