UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): December 31, 2010
HARTFORD LIFE INSURANCE COMPANY
(Exact name of registrant as specified in its charter)
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| Connecticut
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001-33293
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06-0974148 |
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(State or other jurisdiction
of incorporation)
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(Commission File Number)
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(IRS Employer Identification No.) |
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200 Hopmeadow Street
Simsbury, Connecticut
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06089 |
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| (Address of principal executive offices)
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(Zip Code) |
Registrant’s telephone number, including area code: (860) 547-5000
(Former name or former address, if changed since last report.)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Item 1.01 Entry into a Material Definitive Agreement
On December 31, 2010, The Hartford Financial Services Group, Inc. (“HFSG”), Hartford Life and
Accident Insurance Company (“HLA”) and certain affiliates, including the Registrant, entered into
an Intercompany Liquidity Agreement (the “Agreement”). The Agreement establishes a process for
making short-term loans between affiliates for liquidity and other general corporate purposes. A
copy of the Agreement is attached as Exhibit 10.1 to this Form 8-K and is incorporated herein by
reference.
Under the terms of the Agreement, neither any individual loan nor the total aggregate outstanding
loans made between the parties shall exceed $2 billion in principal. The maturity dates of the
individual loans made between the parties will be less than or equal to 364 days from the date of
issuance and may be extended subject to the request of the borrower and approval of the lender.
Interest rates will be determined at the time of borrowing (or extension if applicable) based on
market rates. The Agreement does not establish a commitment to advance funds. Advances under the
Agreement are made at the sole discretion of the party being asked to make an advance and can be
prepaid without penalty. Any party can terminate its participation in the Agreement at any time.
As of the date of this Form 8-K, no amounts have been drawn under the Agreement.
The Registrant is a wholly-owned subsidiary of HLA, which is, in turn, an indirect subsidiary of
HFSG.
Item 2.03 Creation of a Direct Financial Obligation or an Obligation under an Off-Balance Sheet
Arrangement of a Registrant
The information set forth in Item 1.01 of this Form 8-K is hereby incorporated by reference in this
Item 2.03.
Item 9.01 Financial Statements and Exhibits
(d) Exhibits
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| Exhibit No. |
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Description |
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10.1 |
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Intercompany Liquidity Agreement between The Hartford
Financial Services Group, Inc., Hartford Life and Accident
Insurance Company and certain affiliates, including Hartford
Life Insurance Company, effective December 31, 2010 |