Latest Travelers Headlines
All the headlines from our Travelers Topic Page, ordered by recency.
Travelers to Post Q2 Loss, Limit Share Buybacks Due to Storm Losses
Jun 10 2011 // Travelers Companies Inc. is slowing down its share buybacks and will post a second-quarter operating loss because of more than $1 billion in catastrophe losses, the property insurer said Friday. The company also warned of...
Travelers Europe Appoints Felisky as Chief Risk Officer
Jun 7 2011 // Travelers Europe announced that Kendra Felisky has been appointed to the “newly created position of Chief Risk Officer, Europe, covering both Travelers Syndicate Management and Travelers Insurance Company.” She...
Best Affirms Travelers and Subsidiaries Ratings
May 27 2011 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of Travelers Group and its property/casualty members, and affiliates,...
Travelers Expands Coverage for Healthcare Organizations
May 25 2011 // Travelers has unveiled new property coverages through its IndustryEdge product for healthcare organizations. New coverages include: Ordinance or Law – Communicable Disease Contamination Coverage – This coverage pays...
Oklahoma Schools Insurance Rates Go Up After Storms
May 23 2011 // More than 400 Oklahoma schools have received notices of expected insurance rate increases averaging 19.5 percent. The notice from the Oklahoma Schools Insurance Group, which provides various types of coverage to 440 of...
Why Bragging May Create a Greater Legal Duty of Care
May 19 2011 // It has often been said that every attorney has a little larceny in his heart. In similar fashion, it could be said that every insurance agent has a little puffery in his heart regarding his book of business, background and...
Travelers Enhances Coverage for Educational Institutions
May 17 2011 // Travelers has launched its Excess Educators Legal Liability (ELL) through its IndustryEdge product for educational institutions. Travelers integrated its umbrella coverage for both casualty and ELL offerings under a single...
Caputo, Former Citi Exec and Clinton Aide, Joins Travelers
May 10 2011 // Lisa Caputo is joining The Travelers Companies, Inc. as executive vice president for marketing and communications on June 1. Caputo joins Travelers from Citigroup, where she was managing director for the public sector...
Small Business Owners Concerned Over Taxes, Healthcare Issues
May 4 2011 // Tax-related regulations and concerns over health care burden many small business owners today. Nearly two out of three business owners believe that tax-related regulations are too burdensome, while 51 percent find health...
Bragging About an Agent’s Book of Business May Create a Greater Legal Duty of Care
May 2 2011 // It has often been said that every attorney has a little larceny in his heart. In similar fashion, it could be said that every insurance agent has a little puffery in his heart regarding his book of business, background and...
Travelers Profits Up
Apr 21 2011 // Improved pricing and a drop in catastrophe losses boosted Travelers profits 30 percent in the first quarter, as it beat Wall Street’s expectations and offered some evidence of a turn in the soft market. Net profit...
Genden Appointed CEO of Travelers Europe
Apr 18 2011 // The Travelers Companies announced that Sean Genden has been named CEO of Travelers Europe, charged with supporting its “strategic and growth initiatives in the European property and casualty market.” He...
Travelers Introduces Crisis Management Expenses Endorsement
Apr 5 2011 // Travelers has introduced a new crisis management expenses endorsement for commercial umbrella policies to help mitigate the negative publicity generated by a crisis event. The Travelers endorsement has an aggregate limit...
Travelers Sees Insurance Business Improving
Jan 25 2011 // Travelers Companies Inc. posted a higher-than-expected quarterly profit and the largest publicly traded U.S. property insurer said there were early signs businesses were finally willing to spend more on insurance. Despite...
Travelers Ordered to Pay $445M for Asbestos Settlements
Dec 17 2010 // A bankruptcy court judge has ordered Travelers to pay at least $445 million into claims funds set up by a 2004 asbestos settlement. The funds were set up to resolve a number claims brought in state courts over asbestos...
Travelers Expands IndustryEdge Offering for Equipment Dealers
Dec 6 2010 // Travelers has introduced IndustryEdge for Equipment Dealers that provides custom-designed coverage to help protect against the unique risks and exposures in the equipment distribution industry. Available through...
Travelers Enhances Identity Fraud Protection Coverage
Nov 3 2010 // Travelers has updated its Identity Fraud product to offer more protection against the most frequent problems identity fraud victims experience. The insurance product upgrades come at a time when the number of identity...
Analysts Watching How Insurers Handle Low Interest Rates, Pricing
Oct 26 2010 // Insurers are under growing pressure from two fronts, each of which promises to be a key focus in earnings reports the next two weeks — depressed interest rates that could dampen investment income in coming years and...
Travelers Reports Increase in Net Income, Drop in Operating Income for Q3
Oct 21 2010 // The Travelers Companies Inc. has reported net income of $1.005 billion, or $2.11 per diluted share, for the quarter ended Sept. 30, 2010, compared to $935 million, or $1.65 per diluted share, for the same quarter in...
Travelers Implements New Trucking Form in Response to CSA 2010
Oct 20 2010 // In 2011, the Federal Motor Carrier Safety Administration (FMCSA) will fully implement its new program, Comprehensive Safety Analysis 2010 (CSA 2010). Travelers is helping its trucking industry customers prepare for the...
