Latest Travelers Headlines
All the headlines from our Travelers Topic Page, ordered by recency.
Many Nations Close Borders to British Travelers over Fears of New Coronavirus Strain
Dec 21 2020 // DOVER, England – A slew of countries closed their borders to Britain on Monday over fears of a highly infectious new coronavirus strain, heightening global panic, causing travel chaos and raising the prospect of UK food...
Travelers to Acquire Plymouth Rock’s Digital Agency InsuraMatch
Dec 3 2020 // The Travelers Companies has agreed to acquire InsuraMatch, a national digital independent insurance agency, from the Plymouth Rock Group of Companies. The transaction is expected to close in the first quarter of 2021 after...
Japan’s Largest Airport Opens COVID-19 Testing Lab for Departing Travelers
Nov 2 2020 // TOKYO — Japan’s largest airport opened a novel coronavirus testing facility on Monday as it takes steps to reopen international travel that has been largely grounded for months by the pandemic. The Narita...
1 in 4 Businesses Has Experienced Cyber Event, Travelers Survey Finds
Nov 2 2020 // Nearly one in four respondents (22%) out of more than 1,200 business leaders surveyed in 2020 Travelers’ Cyber Risk Index said their firm was the victim of a cyber event — the highest percentage since the...
1 in 4 Businesses Has Experienced Cyber Event, Travelers Survey Finds
Oct 22 2020 // Nearly one in four respondents (22%) out of more than 1,200 business leaders surveyed in 2020 Travelers’ Cyber Risk Index said their firm was the victim of a cyber event – the highest percentage since the annual...
Travelers Reports Strong 3Q with Profit More Than Doubling
Oct 20 2020 // The Travelers Companies had a strong third quarter, reporting net income grew to $827 million, up from $396 million in the prior year quarter. An increase in the quarter’s core income to $798 million compared to $378...
Travelers Offers Artificial Intelligence for Companies to Assess Worker Safety
Sep 25 2020 // The Travelers Companies said it has started using artificial intelligence to offer business customers virtual and onsite ergonomic assessments. Travelers claims to be the first insurance carrier to provide the...
Insurer Travelers Reports ‘Mini-Tender’ Offer by TRC Capital; Advises Shareholders Reject
Sep 1 2020 // The Travelers Companies reported on Tuesday it has been notified that TRC Capital Investment Corp. has made an unsolicited “mini-tender” offer to purchase up to 1,000,000 shares of Travelers’ common stock...
Insurer Travelers Overcomes California Restaurant’s COVID-19 Business Loss Claim
Aug 31 2020 // A federal court in California has dismissed a lawsuit filed by a Los Angeles restaurant seeking business interruption losses from Travelers Indemnity due to coronavirus-related restrictions on its business. Judge Stephen...
Federal Judge Advances Business Interruption Dispute Between Law Firm, Travelers
Aug 17 2020 // A federal judge in California disappointed a law firm suing Travelers Insurance over coronavirus lockdown related business interruption claims in refusing to remove its case to state court and denying its request for a...
Travelers Europe Enhances CyberRisk Product for UK and Ireland
Aug 3 2020 // Travelers Europe announced it has enhanced its cyber insurance product, Travelers CyberRisk, to provide more coverages and risk management solutions to strengthen customers’ overall cyber-security programs. The...
Workers’ Compensation Rates Won’t Be Adjusted for Coronavirus Experience This Year
Jul 27 2020 // The workers’ compensation line is unlikely to generate a profit this year and may not recover in 2021, an insurance industry economist said during a webcast Thursday. Steven N. Weisbart, senior vice president and...
Travelers Reports Q2 Loss on Catastrophes, Investments; Only Modest COVID Impact
Jul 23 2020 // The Travelers Companies reported a net loss of $40 million for the quarter ended June 30, 2020, compared to net income of $557 million in the prior year quarter. The insurer said the difference was primarily due to higher...
Travelers Expects Q2 Loss From Storms, Civil Unrest, Investments; Modest COVID Impact
Jul 14 2020 // In a preliminary look, The Travelers Companies said it expects to report a net loss for the second quarter, results that will reflect losses from storms, civil unrest and its non-fixed income investment portfolio. It also...
Travelers Pledges $1M to Support Racial Justice Efforts, Minnesota Communities
Jun 9 2020 // Property/casualty insurer The Travelers Companies Inc. said it is committing $1 million to assist nonprofits dedicated to advancing racial equality across the United States and rebuilding damaged businesses in Minnesota,...
California Retailer Sues Travelers for Denied COVID-19 Business Interruption Claims
May 12 2020 // San Francisco-based children’s clothing boutique Mudpie Inc. has filed a class action lawsuit on behalf of California-based retail stores against an insurance provider, saying the small businesses were wrongfully...
Coronavirus Business Interruption Insurance Claimants Seek to Consolidate Lawsuits
Apr 27 2020 // Two groups of plaintiffs — one in Philadelphia, the other in Chicago — are asking federal courts to consolidate lawsuits filed by businesses that are seeking coverage for business-interruption losses they claim are...
Travelers, W.R. Berkley CEOs Sound Alarm Over Coronavirus Lawsuits, Workers’ Comp
Apr 23 2020 // During an earnings conference call Tuesday, the leader of Travelers insurance alerted listeners to the possibility that frivolous lawsuits by plaintiffs lawyers could slow down the economic recovery from COVID-19...
Travelers Sees Q1 Profit Fall From Storms; It’s Watching COVID-19 Workers’ Comp Claims
Apr 21 2020 // Property and casualty insurer Travelers Cos. Inc. reported a 25% drop in quarterly profit on Tuesday and warned that potential claims tied to compensation coverage for furloughed and laid-off employees would hit results...
Travelers, Insured Law Firm Spar Over Civil Authority Business Income Loss Claim
Apr 21 2020 // Travelers Cos. has gone to federal court in California seeking a declaratory judgment that it is not obligated to pay any business income losses of a law firm it has insured under two business owner policies. Its law firm...
