Latest Travelers Headlines
All the headlines from our Travelers Topic Page, ordered by recency.
Travelers’ Small Business Risk Education Program Launched in Chicago
Jul 18 2013 // The Travelers Companies Inc. announced the launch of the Small Business Risk Education (SBRE) program in Chicago to help women and minority small business owners learn about risk management, develop safety risk management...
Analysts: Travelers/Dominion Deal Makes Sense, More U.S.-Canadian M&A May Follow
Jun 18 2013 // The Travelers Companies’ decision to acquire Dominion of Canada General Insurance, a unit of E-L Financial Corp., for $1.1 billion makes strategic sense, according to analysts. The acquisition now allows Travelers to...
Travelers Eyes Canada Growth with $1.1B Acquisition of The Dominion
Jun 10 2013 // The Travelers Companies Inc. said it has agreed to acquire The Dominion of Canada General Insurance Co. from E-L Financial Corp. Limited for approximately $1.1 billion in cash with an eye on expanding its commercial lines...
Travelers Adds Special Expense Coverage to Public Entity Policies
Jun 3 2013 // Travelers has enhanced its public entity management liability (PEML) policy that provides limited special expenses coverage reimbursement related to the replacement of key employees in the event of a death or medically...
How Women Can Rise to Executive Level in P/C Insurance Industry
May 31 2013 // Networking is the single biggest thing women can do to facilitate their rise up the corporate ladder in the property/casualty insurance industry, according to four women who have done just that. And being a sponsor is one...
Best Revises Outlook on Travelers and Most Subs to Positive; Affirms Ratings
May 31 2013 // A.M. Best Co. has revised the outlook to positive from stable and affirmed the financial strength rating (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of the property/casualty...
Travelers Launches New Construction Pak- Builders’ Risk Product
May 20 2013 // Travelers has introduced Construction Pak – Builders’ Risk, an enhanced product to help construction projects of all sizes and types stay on schedule. From standard construction to complex undertakings such as...
Iowa City in Insurance Dispute over Landfill Fire
May 20 2013 // Iowa City, Iowa, officials say their insurance claim over a costly landfill fire last year remains in dispute, and it may force legal action. The Travelers Companies claims the landfill cell that burned for 15 days last...
Travelers Launches OnDemand Risk Control Service for Commercial Clients
May 15 2013 // The Travelers Insurance Cos. has launched an interactive, on demand service for property and casualty insureds looking to manage and mitigate their business risks. The new service, called Risk Control OnDemand, connects...
Travelers Q1 Profit Up 11% to $896M; CEO Says ‘We Will Keep Going’ on Rate Hikes
Apr 24 2013 // The Travelers Companies Inc. on Tuesday reported $896 million net income for its 2013 first quarter, an increase of 11 percent compared to $806 million income reported during the first quarter of 2012. Travelers said the...
Travelers Settles with Louisiana Policyholders over Katrina/Rita Damage
Apr 9 2013 // Travelers Insurance announced it has reached a settlement with policyholders in Louisiana over property damage caused by Hurricanes Katrina and Rita. The Hurricane Katrina-Travelers Settlement Administrator said the...
Travelers Adds Endorsements to MedFirst Policy for Medical Technology Industry
Apr 3 2013 // To fill in the potential coverage gaps not covered by a traditional general liability policy, Travelers has introduced MedFirst Plus, four new coverage endorsements to its MedFirst policy for the medical technology and...
Report Questions Insurer Readiness, Attitudes on Climate Change
Mar 7 2013 // A report out Thursday that details responses to a climate change survey from insurers doing business in California, Washington and New York shows many insurers are prepared to deal with today’s extreme weather...
PCG Agencies Named Travelers’ Midwest Personal Lines Agency of Year
Feb 27 2013 // PCG Agencies Inc., a personal property/casualty insurance and risk management firm headquartered in St. Paul, Minn., has been named Travelers’ Midwest Personal Insurance Agency of the Year. PCG Agencies was chosen...
Strong Growth in U.S. Manufacturing Brings Supply Chain, Other Challenges: Travelers
Feb 26 2013 // Manufacturing in the United States is in a growth phase, according to a survey by Travelers Insurance that found nearly three out of four executives in the manufacturing sector have either expanded their products or...
Court Says Trial Must Decide Travelers, Reinsurers Asbestos Case
Feb 8 2013 // New York state’s highest court on Thursday said a trial must determine whether Travelers Cos. deliberately structured a nearly $1 billion asbestos settlement to force its reinsurers to pay more than their fair...
Court Considers Travelers Case Limiting Class Actions
Jan 28 2013 // The U.S. Supreme this month weighed whether to impose new limits on class-action lawsuits, as it reviewed whether a homeowner’s lawsuit against his insurer belonged in a state court considered friendly to...
Travelers Insurance Finds Customers Stay Despite Rising Prices
Jan 23 2013 // Travelers Cos. Inc.’s quarterly profit handily beat Wall Street expectations as it charged more for insurance coverage while holding on to its customers, sending its shares up as much as 5 percent to an all-time...
Travelers Q4 Profit Down, Hurt by $669M Sandy Loss; Full-Year Profit Up
Jan 22 2013 // The Travelers Companies Inc. today reported net income of $304 million for the 2012 fourth quarter, down 51 percent compared to $618 million net income posted during the same period in 2011. Still, the 2012 full-year net...
Travelers Adds Cyber Protection Tailored to Small Businesses
Jan 22 2013 // Small businesses may not think they are at risk for cybercrime, but almost 72 percent of the 855 data breaches worldwide analyzed by Verizon’s forensic analysis unit were at companies with 100 employees or less*....
