CyberChoice First Response cyber insurance
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The Hartford Insurance Group Inc. (HIG) Finalizes a Second Amended and Restated Credit Agreement with Several Major Banks
Yahoo Financeยท 2025-10-02 00:40
Core Insights - The Hartford Insurance Group Inc. (NYSE:HIG) has finalized a Second Amended and Restated Credit Agreement with major banks, securing a $750 million revolving credit facility with an option for an additional $500 million [2][3] - This credit agreement enhances the company's borrowing flexibility in multiple currencies and strengthens its liquidity as it continues to grow [3] - The agreement is set to run through 2030 and follows the company's announcement of the nationwide rollout of its CyberChoice First Response cyber insurance product for small businesses in 47 states [3][4] Company Overview - The Hartford Insurance Group Inc. provides insurance and financial services to individual and business customers in the U.S., the U.K., and globally [4]