Latest Travelers Headlines
All the headlines from our Travelers Topic Page, ordered by recency.
N.Y. Court Rules on Asbestos Defense Costs for Primary Insurer
Nov 23 2011 // A New York State court ruled last Friday that an asbestos defendant is entitled to full defense from its primary insurer for certain asbestos liabilities, with the primary insurer paying all defense costs for covered...
Travelers of Massachusetts Launches Accident Forgiveness, New Car Discounts
Nov 16 2011 // New car purchases in Massachusetts are on pace to exceed the 2010 year-end total of 310,547 by more than seven percent, according to data from the Massachusetts Registry of Motor Vehicles. In response to increasing new car...
Travelers Forms Clean Energy & Technology Practice
Nov 14 2011 // The Travelers Companies, Inc. have formed the Clean Energy & Technology Practice. This new practice offers clean energy and technology-focused insurance products, and risk and claim management resources. The practice...
Best Affirms Ratings of UK-Based Travelers Insurance Co. Limited
Oct 26 2011 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of the UK-based Travelers Insurance Company Limited...
Travelers Latest to Add to Asbestos Reserves
Oct 19 2011 // Travelers Cos. is the latest large insurance company to say the asbestos problem, which the industry was supposed to have put behind it long ago, has not gone away and may be getting worse. Travelers put 25 percent more...
Weather Losses Trim Q3 Profit for Travelers
Oct 19 2011 // Travelers Companies reported a $333 million net profit after taxes for the third quarter, down from $1.05 billion in the third quarter last year. Hurricane Irene and weaker investment returns hurt results. Its pre-tax...
Travelers Launches IntelliDrive Mileage-Based Auto Insurance
Oct 18 2011 // Travelers has launched a program to help low-mileage drivers reduce annual vehicle expenses with its mileage-based auto insurance product, IntelliDrive. Travelers IntelliDrive customers may receive an immediate discount of...
Travelers Red Umbrella Featured at Trademark Show
Oct 18 2011 // The iconic Travelers Insurance red umbrella was recently showcased in an educational event on the role trademarks play in the economy. Travelers participated as an exhibitor at the National Trademark Expo in Alexandria,...
Volunteerism Feeds Employees’ Need to Serve
Oct 17 2011 // “It was like I gave her a million dollars.” That’s how Sean Ramalho of Travelers described the reaction from a woman to whom he gave a blanket on a bitterly cold winter day while he was volunteering at...
Travelers Expands Special Event Insurance
Oct 12 2011 // The Protector Plan for Events, underwritten by Travelers, has been expanded to go beyond weddings and deliver specific coverages for private special events including parties for anniversaries, birthdays, sweet sixteen...
Travelers Launches New Plastics Package
Oct 7 2011 // Travelers has launched a new insurance product for the plastics industry that will provide a range of commercial covers including property damage, business interruption, employers’ liability, public and products...
People
Oct 3 2011 // State Auto Insurance’s previously announced Austin, Texas, claims facility is now operational, the company reported. The following individuals serve on the claims team at the Austin facility: Sandra Robinson, claims...
Insurance Risks of Business Travelers
Oct 3 2011 // Business travelers say there’s no substitute for being there. Even though budgets are tight and new technology makes it easy for people to connect virtually anywhere, businesses understand that it is crucial for...
State Auto Introduces Claims Team at Austin Facility
Sep 19 2011 // State Auto Insurance’s previously announced Austin, Texas, claims facility is now operational, the company reported. The following individuals serve on the claims team at the Austin facility: Sandra Robinson, claims...
Travelers Promotes Coello to Assistant GM for Professional Risks in UK
Sep 15 2011 // Travelers London office announced that Richard Coello has been promoted to the role of Assistant General Manager responsible for Professional Risks for Travelers Insurance Company Ltd. He will be responsible for all...
Travelers UK Names Sawyer Professional Indemnity Manager
Sep 7 2011 // Travelers UK branch announced that David Sawyer has been appointed Assistant General Manager responsible for the management of the professional indemnity portfolio for Travelers Insurance Company Ltd. He joins Travelers...
Travelers Promotes Lloyd’s Syndicate 5000 Underwriters
Aug 30 2011 // Travelers announced a series of promotions within Travelers Syndicate Management Ltd. (Syndicate 5000), the company’s Lloyd’s operation, “to support long-term development in this important...
Insurance Industry Mobilizes for Hurricane Irene Claims
Aug 26 2011 // In addition to advising their policyholders on what to do to protect against Hurricane Irene, property/casualty insurers and brokers are themselves taking precautions—and positioning their claims teams for the...
Travel Insurers Pay $7 Million a Week to Stricken UK Travelers Says ABI
Aug 18 2011 // Travel insurance has become an essential adjunct for UK residents heading abroad on vacations. According to the Association of British Insurers, travel insurance companies pay on average £5.3 million [$7.26 million a week...
Martino Named President of Travelers Ocean Marine
Aug 11 2011 // The Travelers Companies Inc. in Hartford has appointed Raymond T. Martino as the president of Ocean Marine. Martino is responsible for the overall leadership and management of the ocean marine unit, which provides...
