Latest Travelers Headlines

All the headlines from our Travelers Topic Page, ordered by recency.

Risk Management a Low Priority for Small Biz World

Jun 8 2010 // Risk management ranks relatively low on the priorities list for small business owners, according to a recent survey by Travelers. And that outlook could mean trouble down the road when problems arise for those firms, the...

ABI Advises Travelers After Latest Volcano Ash Cloud Disrupts Flights

May 10 2010 // Heightened eruptions from Iceland’s Eyjafjallajokull volcano caused periodic closures of a number of European airports, as flights were cancelled, delayed or rerouted. Transatlantic air traffic between Europe and the...

Making Safety Par for the Course

May 3 2010 // The Kraft Nabisco Championship’s Safety Plan Pays Off in Reduced Losses The day of the national golf tournament arrives – the weather balmy, the greens inviting, and the crowds respectfully attentive. Every...

People

May 3 2010 // Heffernan Insurance Brokers headquartered in Walnut Creek, Calif., hired Keith W. Newell as senior vice president, Southern California Construction Practice Leader in its Los Angeles office. Newell will expand...

Travelers Reports Catastrophe Losses Hurt Profits in Q1

Apr 23 2010 // The Travelers Cos. Inc. reported net income for the first quarter 2010 dropped just $15 million, to $647 million in Q1 2010, compared to $662 million in Q1 2009. Operating income in the current quarter declined as well to...

Travelers Construction Develops Product for Tile Contractors

Mar 29 2010 // Travelers Construction Insurance has developed a new IndustryEdge product for tile contractors to help manage the need for additional insurance coverage and related services. The new IndustryEdge products include insurance...

People

Mar 7 2010 // Thomas J. Schaffler has been named president of Lockton Cos. employee benefits practice in Chicago. He joined Lockton more than 10 years ago as executive vice president and producer and serves on the Chicago executive...

People

Mar 7 2010 // The Main Street America Group announced that Steve Peeters, who most recently was president and chief operating officer of Jacksonville, Fla.-based Zurich Insurance Services, has joined The Main Street America Group as...

Travelers Construction Insurance Offers Wrap+ Fidelity and Crime

Feb 18 2010 // Travelers Construction Insurance and Travelers Bond & Financial Products have teamed together to offer the Wrap+ Fidelity and Crime coverage to the construction industry. The policy will help protect construction...

Cunningham to Head Travelers Business Insurance Division

Feb 9 2010 // Travelers has promoted Bill Cunningham to executive vice president of its Business Insurance segment effective March 1. Cunningham began his career with Travelers in 1987 in Commercial Accounts and has held a number of...

Travelers Sees Record Profits

Jan 26 2010 // The Travelers Cos. saw its fourth-quarter profits climb 60 percent, driven largely by investment gains. The insurer posted record net income for the quarter of $1.285 billion and full year net income of $3.622 billion. It...

New Jersey Township Faulted for Denying Private Insurer Contract

Dec 3 2009 // A New Jersey municipality cost taxpayers hundreds of thousands of dollars by awarding an insurance contract to a favored public insurance fund over the low-bid private insurer, a state audit claims. A report released by...

Ratings Roundup: Harbor Point Re, Travelers (UK), Sovag

Nov 4 2009 // Standard & Poor’s Ratings Services has revised its outlook on Bermuda-based reinsurer Harbor Point Re Ltd. and its U.S.-based subsidiary Harbor Point Reinsurance U.S. Inc. to stable from negative. S&P also...

Travelers New Product Targets Medium-Sized Health Care Firms

Nov 3 2009 // Travelers Insurance Co. is targeting a new product toward what it says is a growing market: The insurance needs — other than medical malpractice — of medium-sized health care firms. The new product, which will...

Drop in Catastrophe Losses Leads Travelers to Strong Underwriting Gain

Oct 22 2009 // Travelers Companies Inc., the No. 1 publicly-traded U.S. property/ casualty insurer, said its quarterly profit more than quadrupled, strongly beating expectations, as a dearth of costly catastrophes left the company with...

Analysts Forecast Healthy Q3 Reports from Insurers

Oct 22 2009 // If the stock market and weather are any indication, third-quarter earnings reports from insurers will look a lot better than they did a year ago. The big companies, which began their reporting season today with Travelers...

People

Oct 5 2009 // W. R. Berkley Corp. has appointed Carol J. LaPunzina as senior vice president of human resources. In her newly established position, she will oversee human resource operations and personnel development for the company....

People

Oct 5 2009 // David Daniel was named chairman of the Independent Insurance Agents & Brokers of America (Big “I”). He will lead the organization as chairman for the 2009-2010 term. Daniel is president of Daniel &...

People

Oct 5 2009 // David Daniel was named chairman of the Independent Insurance Agents & Brokers of America (Big “I”). He will lead the organization as chairman for the 2009-2010 term. Daniel is president of Daniel &...

People

Oct 5 2009 // Jim Newberry, assistant vice president and risk control manager of Island Insurance in Honolulu, has received the Risk Management/Insurance Practice Specialty Safety Professional of the Year Award. The award is from the...