Paulson gives activism a go

Hedge-fund manager John Paulson has stepped up pressure on Hartford Financial Services Group to split the firm in two

Hedge-fund manager John Paulson has stepped up pressure on Hartford Financial Services Group to split the firm in two in a move that escalates tension between the veteran investor and the 201-year-old insurer.

In a 13D filing Tuesday with the Securities and Exchange Commission, Paulson's Paulson & Co. submitted a letter aimed at rebutting arguments that the company's executives made last week in favour of keeping combined the property-and-casualty insurance business and life-insurance business.

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Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With TrumpExternal link

Pro Bono or Pro Nono? Law Firms Split on Fulfilling Deals With Trump