The Hartford said Wednesday it has sold an auto insurance unit for $100 million that covers drivers with poor driving records (sometimes called non-standard auto insurance).
The Hartford said it sold its Omni Insurance Group to Independent Insurance Investments Inc., known as 4i's. Omni also insures drivers with limited driving experience or whose prior coverage has lapsed.
The company said it will continue to cover a broad range of customers through its Dimensions auto program, including the class of customers Omni insures. But the company said it does not consider insuring high-risk drivers a primary business.
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