Latest Travelers Headlines
All the headlines from our Travelers Topic Page, ordered by recency.
St. Paul Travelers Agrees to Halt All Contingent Commissions
Jan 4 2007 // The St. Paul Travelers insurance company has agreed to stop paying “contingent commissions” to brokers and agents, according to Connecticut Attorney General Richard Blumenthal. In August, St. Paul Travelers,...
2006: Soft market offers up many new insurance products
Dec 25 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...
2006 New Markets Report
Dec 24 2006 // E&O, Professional/Management Liability New P/C Insurance Agents’ E&O Rockwood Programs partnered with certain underwriters at Lloyd’s of London to offer professional liability coverage specifically...
N.Y., Conn., Ill. AGs Bring Another Suit, This Time Against Acordia
Dec 19 2006 // The attorneys general of Connecticut, Illinois and New York continued their campaign against undisclosed compensation and account steering by simultaneously bringing suit today against one of the nation’s largest...
Recovery Czar to Meet with Insurer Regarding Southern La.
Dec 14 2006 // Federal recovery czar Donald Powell says he plans to meet with St. Paul Travelers Companies Inc. about the company’s recent decision not to renew commercial property insurance policies in southern Louisiana. During a...
St. Paul Travelers to cease renewing some commercial accounts in New Orleans
Dec 11 2006 // In a blow to post-Katrina recovery in New Orleans, St. Paul Travelers on Dec. 1st said it will stop renewing many commercial insurance policies in the area in the next year, according to the Associated Press. The...
St. Paul Travelers to cease renewing some commercial accounts in New Orleans
Dec 10 2006 // In a blow to post-Katrina recovery in New Orleans, St. Paul Travelers on Dec. 1 said it will stop renewing many commercial insurance policies in the area next year, according to the Associated Press. The rebuilding of New...
La. Gov. Urges Insurer to Reverse Plan to Stop Renewing Commercial Policies
Dec 7 2006 // Louisiana Gov. Kathleen Blanco met with the state’s largest commercial insurer on Dec. 5, trying to convince executives to reverse an earlier decision to stop renewing policies in the New Orleans area next year. St....
Travelers Expands Monoline Commercial Auto Insurance Offerings
Dec 5 2006 // Travelers is now making available commercial auto coverage for small to mid-sized businesses on a monoline basis through its Select Accounts, Commercial Accounts and Construction divisions. This expanded monoline auto...
St. Paul Travelers Won’t Renew Some Commercial Policies in New Orleans
Dec 4 2006 // St. Paul Travelers said Dec. 1 that it will stop renewing many commercial insurance policies in the New Orleans area next year, stoking fears that other insurers are prepared to pull out of the market after Hurricane...
New Markets
Nov 6 2006 // New Construction, Remodelers, Owner/Developers Nuts & Bolts: Network E&S Insurance Brokers LLC has a new limited access Builder’s Risk/Contractors Equipment Program for both residential and commercial....
Federal appeals court upholds juries’ rulings in World Trade Center twin tower claims
Nov 6 2006 // A federal court has upheld the jury verdicts that recognized the two-plane terrorist attacks on the towers at the World Trade Center on Sept. 11, 2001, as a single event for some insurers and two events for others. A...
New Markets
Nov 6 2006 // Privacy and Security Coverage Enhancements Nuts & Bolts: Underwriting manager and claims administrator Euclid Managers LLC have a set of security and privacy coverage enhancements that can be endorsed onto any of the...
New Markets
Nov 5 2006 // New Construction, Remodelers, Owner/Developers Nuts & Bolts: Network E&S Insurance Brokers LLC has a new limited access Builder’s Risk/Contractors Equipment Program for both residential and commercial....
Federal appeals court upholds juries’ rulings in World Trade Center twin tower claims
Nov 5 2006 // A federal court has upheld the jury verdicts that recognized the two-plane terrorist attacks on the towers at the World Trade Center on Sept. 11, 2001, as a single event for some insurers and two events for others. A...
New Markets
Nov 5 2006 // Non-Profit Organization D&O Liability Nuts & Bolts: Arrowhead General Insurance Agency Inc. is offering a not-for-profit directors and officers program designed to insure small to medium IRS tax-exempt 501(c)3...
Fewer Hurricanes Allow St. Paul Travelers 3rd Quarter Profit to Soar
Oct 27 2006 // Minneapolis-based St. Paul Travelers Cos. Inc. reported a six-fold increase in earnings and raised its guidance for the full year after clearing the third quarter without significant hurricane losses. Insurers struggled...
Travelers Introduces TravelersExpress for Master Pac in Utah, Nevada, Illinois
Oct 24 2006 // Travelers Select Accounts has introduced TravelersExpress for Master Pac, a multivariate rating mechanism to agents in Utah, Nevada and Illinois. TravelersExpress is designed to accelerate the decision-making process...
Making Hartford shine again as insurance capital
Oct 23 2006 // While other states from Minnesota to New Hampshire compete to attract the insurance sector by lowering premium taxes and extending incentives, Connecticut thinks it has the best offer: an unmatched talent pool of insurance...
New Markets
Oct 23 2006 // Terrorism Insurance Nuts & Bolts: Hiscox USA, U.S. subsidiary of Hiscox plc, a provider of specialty insurance, is now providing terrorism insurance in the U.S. The coverage will be offered to brokers through Hiscox...
