The Hartford 2010 Annual Report Download - page 4

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• the restrictions, oversight, costs and other consequences of being a savings and loan holding company, including from the
supervision, regulation and examination by the Office of Thrift Supervision (the “OTS”), and in the future, as a result of the
enactment of the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 (the “Dodd-Frank Act”), The Federal
Reserve as the Company’ s regulator and the Office of the Controller of the Currency as regulator of Federal Trust Bank;
• the cost and other effects of increased regulation as a result of the enactment of the Dodd-Frank Act, which will, among other
effects, vest a newly created Financial Services Oversight Council with the power to designate “systemically important”
institutions, require central clearing of, and/or impose new margin and capital requirements on, derivatives transactions, and may
affect our ability as a savings and loan holding company to manage our general account by limiting or eliminating investments in
certain private equity and hedge funds;
• the potential effect of domestic and foreign regulatory developments, including those that could adversely impact the demand for
the Company’ s products, operating costs and required capital levels, including changes to statutory reserves and/or risk-based
capital requirements related to secondary guarantees under universal life and variable annuity products;
• the Company’ s ability to distribute its products through distribution channels, both current and future;
• the uncertain effects of emerging claim and coverage issues;
• the ability of the Company to declare and pay dividends is subject to limitations;
• the Company’ s ability to effectively price its property and casualty policies, including its ability to obtain regulatory consents to
pricing actions or to non-renewal or withdrawal of certain product lines;
• the Company’ s ability to maintain the availability of its systems and safeguard the security of its data in the event of a disaster or
other unanticipated events;
• the risk that our framework for managing business risks may not be effective in mitigating risk and loss to us that could adversely
affect our business;
• the potential for difficulties arising from outsourcing relationships;
• the impact of potential changes in federal or state tax laws, including changes affecting the availability of the separate account
dividend received deduction;
• the impact of potential changes in accounting principles and related financial reporting requirements;
• the Company’ s ability to protect its intellectual property and defend against claims of infringement;
• unfavorable judicial or legislative developments; and
• other factors described in such forward-looking statements.
Any forward-looking statement made by the Company in this document speaks only as of the date of the filing of this Form 10-K.
Factors or events that could cause the Company’ s actual results to differ may emerge from time to time, and it is not possible for the
Company to predict all of them. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a
result of new information, future developments or otherwise.