Latest Travelers Headlines
All the headlines from our Travelers Topic Page, ordered by recency.
Recent Ratings Roundup: Travelers; Hanover; Amica Mutual
May 24 2007 // Standard & Poor’s Ratings Services has assigned its “A-” rating to Travelers Companies Inc.’s $1.5 billion senior notes, which mature in 2012, 2017, and 2037. The company intends to use the...
Ratings Roundup: Cincinnati; Travelers, StanCorp
May 22 2007 // A.M. Best Co. has affirmed the financial strength rating (FSR) of “A++” (Superior) and issuer credit ratings (ICR) of “aa+” for the property/casualty group, The Cincinnati Insurance Companies (CIC)...
News Currents
May 21 2007 // Travelers Insurance luring top players to Conn.’s PGA stop When Travelers agreed last year to become the title sponsor of Connecticut’s PGA Tour stop, tournament officials bragged the event would not only be...
New Travelers U.S. Aviation Company Takes Flight
May 16 2007 // Travelers has launched Travelers Aviation, a new business unit targeting corporate and business aircraft, small to mid-size airports, aviation ground services and manufactured non-critical products used as aircraft...
Travelers Insurance on Course to Lure Top Players to Conn.’s PGA Stop
May 9 2007 // When Travelers agreed last year to become the title sponsor of Connecticut’s PGA Tour stop, tournament officials bragged the event would not only be saved, but would be built into one of the tour’s premier...
Travelers Establishes Multi-Year Catastrophe Bond Program
May 9 2007 // The Travelers Companies, Inc. has set up a multi-year catastrophe bond program to provide reinsurance protection for its insurance subsidiaries for losses resulting from hurricanes and certain other catastrophes in the...
New Markets
May 7 2007 // My New Markets Commercial Auto Nuts & Bolts: Arrowhead General Insurance Agency Inc. has a commercial auto liability and physical damage coverage program for the standard market. Extra heavy vehicles are accepted, and...
Travelers Launches New Products for Mid-Sized Commercial Printers
Apr 25 2007 // Travelers Commercial Accounts introduced a suite of coverages designed for mid-sized commercial printers who typically generate more than $15 million in sales. The new product is the latest addition to IndustryEdge,...
My New Markets
Apr 23 2007 // Office/Manufacturers Technology Nuts & Bolts: Travelers Select Accounts is now offering Technology Office Pac and Technology Manufacturers Pac Plus as part of Master Pac, Travelers’ Business Owner’s Policy...
My New Markets
Apr 9 2007 // Identity Fraud Expense Reimbursement, Small Business Nuts & Bolts: To help the principals of small businesses overcome the effects of identity fraud, Travelers Select Accounts has identity fraud expense reimbursement...
My New Markets
Apr 9 2007 // BOP, Beauty, Nail Salons Nuts & Bolts: Bass Underwriters has a new admitted program for BOPs targeting a varied selection of risks. The program will entertain such businesses as beauty and nail salons, clothing...
My New Markets
Apr 9 2007 // Commercial Auto Nuts & Bolts: Texas Specialty Risk Programs is offering coverage on commercial auto fleets, 1-20 power units. Lowest pricing available. Same day quotes if requested. No loss info required. Submission...
Business Moves
Apr 9 2007 // Argonaut, PXRE Argonaut Group Inc., a specialty underwriter headquartered in San Antonio, Texas, and PXRE Group Ltd., a Bermuda-based property reinsurer, agreed to a merger under which the combined entity will do business...
My New Markets
Apr 9 2007 // Identity Fraud Expense Reimbursement, Small Business Nuts & Bolts: To help the principals of small businesses overcome the effects of identity fraud, Travelers Select Accounts has identity fraud expense reimbursement...
Abacus, Travelers Team Up for Online Events Insurance Program
Apr 6 2007 // Travelers has been named by Abacus Insurance Brokers as the carrier for the Abacus Special Event Program, its online events program, effective immediately. Abacus Insurance Brokers is a Los Angeles-based retail and...
Travelers Retreats from Confrontation over SBA Loans in La.
Apr 4 2007 // One insurance company is dropping a claim in Louisiana that getting Small Business Administration loans cancels policyholders’ right to sue if they feel their insurance payments are too low, and another company may...
Travelers Expands Its Offerings for Bridge Contractors
Mar 23 2007 // Travelers announced that its construction unit has expanded its appetite to include a wider range of bridge builders. Bridge contractor customers can now benefit from an underwriting team able to write all lines of...
Travelers’ CEO Fishman Paid $15.7 Million Last Year
Mar 13 2007 // Travelers insurance said on Friday that it paid Chairman and CEO Jay S. Fishman $15.7 million last year, a period when calm weather fueled big profits for one of the nation’s largest commercial...
My New Markets
Mar 12 2007 // Wedding Insurance Nuts & Bolts: Travelers recently announced the launch of the Wedding Protector Plan, an insurance policy covering weddings. The Wedding Protector Plan provides coverage, with no deductible, for a...
What lies ahead for agency compensation? Agents could benefit from incentive pay plans replacing contigent income
Mar 12 2007 // Incentive pay plans for agents that some insurers are implementing to replace discontinued contingency compensation could work out better for agents than the programs they are replacing. A handful of major carriers banned...
