Latest Travelers Headlines
All the headlines from our Travelers Topic Page, ordered by recency.
Supreme Court Considers Travelers Insurance Case on Limiting Class Actions
Jan 7 2013 // The U.S. Supreme Court on Monday 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 Increases Stake in Brazil’s J. Malucelli Joint Venture
Dec 6 2012 // The Travelers Companies, Inc. announced that it has increased its ownership stake in J. Malucelli Participações em Seguros e Resseguros S.A., its joint venture in Brazil, by exercising a pre-existing option to purchase...
Travelers Cos.’ Preliminary Estimate: $650M Net Loss From Sandy
Dec 5 2012 // The Travelers Companies Inc. announced its preliminary estimate of net losses relating to Superstorm Sandy is approximately $650 million after tax and after estimated recoveries from reinsurance. This $650 million estimate...
Travelers Profit Soars to $864M in Q3
Nov 5 2012 // The Travelers Companies Inc. reported $864 million net profit for the third quarter — up 159 percent from the same period a year ago when the insurer posted a $333 million profit. Travelers’ latest earnings,...
Travelers Will Continue to Seek Improved Pricing: CEO Fishman
Oct 19 2012 // The Travelers Companies Inc. said its Business Insurance segment pricing continued to rise in the third quarter — led by workers’ compensation and commercial auto. Rates also continued to climb in the Personal...
Travelers Profit Soars to $864M in Q3 as Catastrophe Losses Fall
Oct 18 2012 // The Travelers Companies Inc. reported today $864 million net profit for the third quarter — up 159 percent from the same period a year ago when the insurer posted a $333 million profit. Travelers’ latest...
Travelers CEO Fishman: Rate Hikes Continuing
Sep 24 2012 // Insurance rates continued to rise in the third quarter for both businesses and individual customers, extending the pricing power that developed late last year, insurer Travelers Cos. Inc. said this month. In a slide...
Travelers’ CEO Fishman: Rate Increases Continuing
Sep 11 2012 // Insurance rates continued to rise in the third quarter for both businesses and individual customers, extending the pricing power that developed late last year, insurer Travelers Cos. Inc. said on Tuesday. In a slide...
Travelers Says Home Association Policy Excludes Trayvon Martin’s Mother’s Claim
Sep 10 2012 // Trayvon Martin’s mother Sybrina Fulton is asking for at least $75,000 from the homeowners’ association of the gated community where her teenage son was fatally shot by neighborhood watch volunteer George...
Travelers Sues NFL Over Ex-Players’ Brain Injury Lawsuits
Aug 22 2012 // Several subsidiaries of Travelers Companies Inc. sued the National Football League and a host of other insurers, seeking to avoid paying to defend the league against a wave of brain injury-related claims by thousands of...
Travelers Insurance Says Policy Excludes Trayvon Martin’s Mother’s Claim
Aug 8 2012 // Trayvon Martin’s mother is asking for at least $75,000 from the homeowners’ association of the gated community where her teenage son was fatally shot by neighborhood watch volunteer George Zimmerman, court...
Travelers Reports More Rate Gains in Q2
Aug 6 2012 // The Travelers Companies said renewal rates are continuing to trend up across its business segments. “In business insurance, renewal rate change exceeded 7 percent, with stable retentions, which demonstrates the...
Court Rules for Travelers in Penn. Kickback Case
Jul 23 2012 // A federal appeals court said recently Travelers Property Casualty Co. doesn’t have to pay $1.75 million in damages as part of a settlement involving privately owned juvenile detention facilities in...
Travelers Reports More Rate Gains, Seeks Higher Homeowners Deductibles
Jul 20 2012 // The Travelers Companies, which reported its second-quarter results yesterday, said renewal rates are continuing to trend up across its business segments. Company executives emphasized, however, that rate hikes are a...
Travelers Insurance Reports Q2 Profit Despite Disaster Losses
Jul 19 2012 // Travelers Cos Inc. reported a second-quarter profit on Thursday but missed Wall Street expectations, as the insurer’s catastrophe losses fell from a year before but were still higher than historical norms. Travelers,...
Court: Travelers Won’t Have to Pay Damages to Insured in Kickback Case
Jun 25 2012 // A federal appeals court said an insurance company doesn’t have to pay $1.75 million in damages as part of a settlement involving privately owned juvenile detention facilities in northeastern Pennsylvania. Travelers...
Travelers to Pay $10.5M in Premium Refunds And Fines
Jun 19 2012 // A settlement agreement has been reached in an enforcement action against Travelers Cos., with the company agreeing to pay $9 million in refunds to policyholders who were overcharged on their premiums, as well as a $1.5...
Travelers’ Career Program Reaches Out to Underrepresented Students
Jun 6 2012 // Six years ago, Lorena Martinez arrived in Hartford, Conn., seeking opportunity. A native of Peru, able to speak little English, Martinez found employment with a local hotel. While there, Martinez quickly realized the...
Travelers Introduces New Wind Credit for Fortified Homes in Texas
Jun 1 2012 // Travelers Insurance announced it is introducing a wind credit for fortified homes in Texas that meet established standards designed to resist the impacts of tropical storm and hurricane winds. Travelers currently offers...
Best Affirms Travelers and Subs ‘A+’ Ratings
May 11 2012 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of the property/casualty subsidiaries of The Travelers Companies, Inc....
