Latest Travelers Headlines
All the headlines from our Travelers Topic Page, ordered by recency.
St. Paul Travelers Subs Under Review
Sep 5 2005 // A.M. Best Co. placed the financial strength ratings of “A+” (superior) and issuer credit ratings of “aa-” of GeoVera Ins. Co., USF&G Specialty Ins. Co., both domiciled in Hunt Valley, Md.,...
New Markets
Sep 5 2005 // Preferred Club Program Nuts & Bolts: Venture Insurance Programs has expanded its Preferred Club Program through an exclusive program alliance with The Hanover Insurance. Co. Effective immediately, The Hanover...
Insurers Post Special Toll-Free Numbers to Help Katrina Victims
Sep 5 2005 // At press time, forecasters were predicting insured losses from Hurricane Katrina-which made landfall 45 miles west of Biloxi, Miss., and 35 miles east of New Orleans on Aug. 29-would be in the $10 billion to $30 billion...
ACE’s U.S. Subsidiaries Upgraded
Sep 5 2005 // A.M. Best Co. upgraded the financial strength ratings to “A+” (superior) from “A” (excellent) and assigned issuer credit ratings of “aa-” to ACE Westchester Specialty Group,...
Real Estate Broker Liability Policy
Sep 5 2005 // Nuts & Bolts: St. Paul Travelers introduced a new policy for real estate agents and brokers that provides broader protection from possible claims or litigation against errors and omissions. St. Paul Travelers’...
St. Paul Travelers to Contribute $1M to Katrina Victims
Sep 2 2005 // St. Paul Travelers will contribute $1 million to the American Red Cross to fund relief efforts following the devastation caused by Hurricane Katrina. As part of its contribution, the company is facilitating direct...
Insurers Post Special Toll-Free Numbers to Help Katrina Victims as Storm Moves North
Aug 29 2005 // Policyholders with questions regarding their coverage for damage caused by Hurricane Katrina should contact their insurance agent or company representative. To assist consumers, special toll-free numbers have been set up...
St. Paul Travelers Donates $4.1 Million in Q2
Aug 24 2005 // St. Paul Travelers and its two private foundations donated more than $4.1 million in the second quarter of 2005 to support community organizations based in the Twin Cities area of Minneapolis and St. Paul, Minn., and in...
Business Moves
Aug 22 2005 // Chubb PLI, Hub International Chubb Corporation has agreed to sell its Personal Lines Insurance Brokerage Inc. to Chicago-based Hub International Limited. Chubb said the sale would have no material impact on its financial...
St. Paul Travelers Appoints Benet as Vice Chairman/CFO
Aug 9 2005 // The St. Paul Travelers Companies, Inc. has announced that Chief Financial Officer Jay S. Benet, 53, has been promoted to the position of vice chairman and CFO. The appointment is effective immediately. “Jay has...
Best Places Select St. Paul Travelers Subs Under Review
Aug 9 2005 // A.M. Best Co. has placed the financial strength ratings (FSR) of A+(Superior) and issuer credit ratings (ICR) of “aa-” of GeoVera Insurance Company, USF&G Specialty Insurance Company (both domiciled in...
N.Y., Conn., N.J. Agents Pick Best-Performing Insurance Companies
Aug 8 2005 // Asked to evaluate insurers in 16 performance categories, agents in the tri-state region of Connecticut, New York and New Jersey rated 14 insurance companies as overall best performers. The winners, in no particular order,...
New St. Paul Travelers Pool Upgraded
Aug 8 2005 // Insurance ratings standard-bearer A.M. Best Co. assigned a financial strength rating of “A+” (superior) and an issuer credit rating of “aa-” to the members of the newly formed pool, St. Paul...
N.Y., Conn., N.J. Agents Pick Best-Performing Insurance Companies
Aug 8 2005 // Asked to evaluate insurers in 16 performance categories, agents in the tri-state region of Connecticut, New York and New Jersey rated 14 insurance companies as overall best performers. The winners, in no particular order,...
American Re Under Review
Aug 8 2005 // A.M. Best Co. placed the financial strength ratings of “A” (excellent) for American Re Corporation Group’s member companies under review with negative implications. Member companies include American...
Myriad Development Names Former Travelers, MetLife Exec as VP
Aug 5 2005 // Bonnie McHenry, a former vice president of Underwriting at Travelers, and director at MetLife Auto and Home, has joined Austin, Texas-based Myriad Development in the role of vice president, Underwriting Services. McHenry...
St. Paul Travelers Launches New Real Estate Agent and Broker PL Policy
Aug 4 2005 // St. Paul Travelers has introduced a new policy for real estate agents and brokers that provides broader protection from possible claims or litigation against errors and omissions they may make while performing their...
St. Paul Travelers Reports All Segments ‘Strong’ in 2nd Quarter
Jul 28 2005 // The St. Paul Travelers Companies, Inc. reported record net income for the current quarter of $1.069 billion, or $1.59 per basic share and $1.52 per diluted share, compared to a net loss of $275 million, or $0.42 per basic...
A.M. Best Ups Ratings for New St. Paul Travelers Pool
Jul 14 2005 // Insurance ratings standard-bearer A.M. Best Co. has assigned a financial strength rating of “A+” (superior) and an issuer credit rating of “aa-” to the members of the newly formed pool, St. Paul...
St. Paul Travelers Completes Combination of Major Insurance Pools
Jul 13 2005 // Property/casualty insurer St. Paul Travelers has completed its previously announced initiative to combine its two major insurance pools. Specifically, the Travelers Property Casualty Pool and certain companies of the St....
