Latest Travelers Headlines
All the headlines from our Travelers Topic Page, ordered by recency.
Analysts Weigh In on Travelers Earnings, Commercial Lines Pricing Trends
Jan 27 2014 // The Travelers Cos.’ earnings, one of the first major insurance earnings to be reported each quarter, are often closely observed by industry participants as a bellwether for marketplace trends. And the company’s...
More Couples Saying ‘I Do’ to Insurance As Wedding Costs Rise
Jan 23 2014 // With the cost of the average American wedding reaching about $26,000, insurers have been selling a growing number of policies to protect against losses from extreme weather, illness and, in one firm’s case, even a...
Travelers More Than Triples Profit in Q4 on Lower Disaster Losses, Higher Prices
Jan 21 2014 // Travelers Cos., the property/casualty insurer in the Dow Jones Industrial Average, said fourth-quarter profit more than tripled as claims costs from natural disasters fell a year after Superstorm Sandy. Net income rose to...
Travelers Sues British Insurance Company Over Umbrella-Shaped Logo
Dec 5 2013 // The Travelers Companies recently sued London, U.K.-headquartered financial services and insurance company Legal & General Group PLC (L&G Group) and its affiliates over the British company’s use of an...
Business Moves
Nov 18 2013 // R-T Specialty, Westrope Chicago-based national wholesale insurance broker R-T Specialty said it has agreed to merge with another wholesale broker Westrope, based in Kansas City, Mo. Terms of the transaction were not...
Travelers Cancels ExlService Outsourcing Contract, Citing Confidentiality Breach
Nov 5 2013 // Travelers Cos., the property insurer in the Dow Jones Industrial Average, ended a contract with ExlService Holdings Inc. after the vendor’s employees violated confidentiality policies. The staff shared a...
Travelers Completes Dominion of Canada Acquisition
Nov 4 2013 // The Travelers Companies, Inc. announced the completion of its acquisition of The Dominion of Canada General Insurance Company from E-L Financial Corporation Limited. The combined organization, which will be referred to as...
Travelers Posts $864M Q3 Profit, Consistent With Prior Year Quarter
Oct 22 2013 // The Travelers Companies Inc. today reported its third-quarter net income of $864 million, unchanged from the same period a year ago. Travelers showed a larger underwriting gain compared to last year, but the results were...
In Hartford, Conn., Landmark Travelers Tower Gets Face-Lift
Oct 14 2013 // A $30 million renovation project is restoring some of the luster to the Travelers tower, a Hartford landmark that once symbolized the city’s reign as America’s insurance capital. The 527-foot-tall tower was New...
Travelers Launches Online Cyber Risk Resources for Business Owners
Oct 7 2013 // Travelers has introduced a suite of online resources to help business owners navigate the growing threat of cyber risks while also protecting their assets and their customers’ information. The launch of the new...
Travelers Launching Low Cost, Segmented Product in New Personal Auto Strategy
Sep 20 2013 // The Travelers Companies Inc. is adopting a new strategy to become more price-competitive in personal auto insurance. Travelers’ CEO Jay Fishman explained his company’s personal auto strategy at the Barclays...
The Top Risks Americans Face in Their Everyday Lives: Travelers Index
Sep 17 2013 // Sixty-three percent of Americans believe their world is becoming a riskier place, while only 15 percent feel it is less risky. Americans’ greatest concerns are financial security, loss of privacy and identity theft,...
Insurance Coverage for Discounting the Price of Goods for Sale?
Sep 9 2013 // Modern commercial general liability (CGL) policies provide coverage for personal and advertising injury. This type of coverage is discussed extensively in Practical Tools for Handling Insurance Cases, §§ 13.32-13:53...
Iowa City Settles with Travelers Insurance over Landfill Fire
Sep 6 2013 // Iowa City, Iowa, has reached a $1.85 million insurance settlement over a costly landfill fire last year. The Iowa City Council said during a Sept. 3 meeting that it had come to an agreement with The Travelers Companies for...
Travelers to Exit NFIP’s Write-Your-Own Program
Aug 23 2013 // The Travelers Companies said it plans to discontinue its participation as a Write-Your-Own (WYO) company in the National Flood Insurance Program. Travelers is selling its WYO policy renewal rights interest to American...
Travelers, Virginia Tech Transportation Institute Discuss Top Trends in Trucking
Aug 15 2013 // The Travelers Companies Inc. and the Virginia Tech Transportation Institute (VTTI) recently co-hosted a symposium where research on some of the top concerns of the trucking industry was discussed with fleet managers and...
Travelers Q2 Profit Rises 85%; Auto Unit Layoffs Planned
Aug 5 2013 // The Travelers Companies reported net income of $925 million for its 2013 second quarter, an 85 percent jump from $499 million a year ago. The insurer credited lower catastrophe losses and continued improvement in...
August is the Most Dangerous Month for Texas Workers
Aug 1 2013 // August is the most dangerous month of the year when it comes to on-the–job injuries, according to an analysis of claims data in Texas from the past two years by Travelers Companies Inc. Texas employers filed more...
Investors See Travelers’ Cuts in Auto as Sign Rate Hikes Have Peaked
Jul 24 2013 // Travelers Cos.. Inc. said it would cut jobs and reduce prices of auto insurance, steps investors took as an indication that rates had risen too far and competition was increasing. The company’s shares fell 4 percent...
Travelers’ Q2 Profit Climbs 85% to $925M; Auto Unit Layoffs Planned
Jul 23 2013 // The Travelers Companies today reported net income of $925 million for its 2013 second quarter, an 85 percent jump from $499 million net income posted a year ago. The insurer credited lower catastrophe losses and continued...
