six life insurance companies to receive U.S. Treasury money , U.S. Treasury says . `` We are pleased that we received preliminary approval to participate in ( the ) Treasury 's Capital Purchase Program , '' said Ramani Ayer , chairman and chief executive officer of Hartford . As of last October , $ 700 billion remained from original about $ 135 billion allocated for bailout . Industry has suffered amid concerns with capital requirements , growing losses .
six life insurance companies to receive U.S. Treasury money , U.S. Treasury says . As of last October , $ 700 billion remained from original about $ 135 billion allocated for bailout . Industry has suffered amid concerns with capital requirements , growing losses .