Latest Travelers Headlines
All the headlines from our Travelers Topic Page, ordered by recency.
Travelers’ Chapman to Lead IAT’s New Surety Unit After IFIC Acquisition
Aug 29 2018 // IAT Insurance Group has hired Ken Chapman as executive vice president, Surety, to lead IAT’s new surety business following IAT’s acquisition of IFIC Surety Group that is expected to close in the third...
Frey to Replace Benet as CFO at Travelers
Aug 8 2018 // The Travelers Companies announced that, effective Sept. 1, Jay S. Benet will step down from his role as chief financial officer, a position he has held since 2002. Benet will remain on the senior leadership team as vice...
Weather Ranks Top in Causes of Home Damage: Travelers
Aug 6 2018 // Wind is the most common claim while fire is the most expensive claim for homeowners, according to Travelers Companies’ recently released Top Ways Things Can Go Wrong interactive report. The report examines the...
Travelers Seeks Review of Court Ruling on Crime Insurance Loss Involving Email Fraud
Jul 31 2018 // Travelers Insurance is seeking a full Sixth Circuit court reconsideration of its three-judge panel ruling that said the insurer’s crime insurance policy’s computer fraud clause covered a loss due to money...
Travelers Q2 Profit Dips Due to Hail, Harvey
Jul 19 2018 // Travelers Companies reported that catastrophe losses from wind and hail storms in several regions of the United States cut into its second quarter profit. Net income for the quarter was $524 million compared to $595...
Court Finds Travelers Crime Policy Covers Money Transfer Loss Due to Email Spoofing
Jul 17 2018 // For the second time in about a week, a federal appeals court has sided with a commercial policyholder where the insurer denied coverage under a computer fraud provision of a crime insurance policy for a money transfer...
Travelers: Use Current Auto Insurance Model for Autonomous Future
Jul 17 2018 // Auto insurance should continue to be the primary compensation model for accident victims as the driving population transitions to and then fully adopts autonomous vehicles, according to the insurer that issued the...
Travelers Europe Launches Stand-Alone Cyber Product for UK, Ireland Businesses
Jul 9 2018 // Travelers Europe announced the availability of Travelers CyberRisk, a new standalone cyber insurance product for organizations of all sizes in the United Kingdom and Ireland. Travelers CyberRisk provides liability and...
XL Catlin’s Goldstein Joins Travelers as Investor Relations Senior VP
May 7 2018 // Abbe Goldstein has joined The Travelers Companies as senior vice president, Investor Relations. Goldstein succeeds Gabriella Nawi, who recently switched to the company’s Personal Insurance finance team. Goldstein...
Hartford Insurtech Hub Gives 10 Startups Shots at Partnerships with Insurers
May 7 2018 // Emerging from a 10-week accelerator program, 10 technology-powered insurance startups presented ideas for enhanced customer engagement, cyber security, digital health, smart home products and supply chain management at the...
Travelers Enhances Workers’ Comp Claims Platform for Injured Employees
Apr 24 2018 // The Travelers Companies, Inc. has added new digital capabilities to its “MyTravelers for Injured Employees” workers’ compensation claims platform designed to improve the claim experience for injured...
Travelers Boosts Q1 Profit; Talks Central Underwriting, Potential with Nationwide Agents
Apr 24 2018 // The Travelers Companies boosted its net income for the quarter ended March 31, 2018, by 10 percent to $669 million compared to $617 million in the prior year quarter despite unusually high catastrophe losses in...
Hartford Insurtech Hub Gives 10 Startups Shots at Partnerships with Insurers
Apr 23 2018 // Emerging from a 10-week accelerator program, 10 technology-powered insurance startups presented their ideas for enhanced customer engagement, cyber security, digital health, smart home products and supply chain management...
Woodruff-Sawyer Names DeVilbiss of Travelers P/C Leader in California
Mar 20 2018 // Woodruff-Sawyer & Co. has named Joel DeVilbiss the San Francisco, Calif. property/casualty practice leader. DeVilbiss is charged with driving the direction and development of Woodruff-Sawyer’s P/C practice in...
Travelers Releases Enhanced Homeowners Insurance Product in Select States
Feb 23 2018 // The Travelers Companies, Inc. has released an enhanced homeowners insurance product with tailored pricing and flexible coverage options called Quantum Home 2.0 (QH2.0). The new product includes “simpler” policy...
Travelers Taps Gifford for New Chief Data and Analytics Officer Position
Feb 21 2018 // The Travelers Companies has named Bruce Gifford to the newly-created role of enterprise chief data and analytics officer to further strengthen the company’s data and analytics capabilities. Gifford previously served...
Satisfied Independent Agents Are Growth Engines for P/C Carriers: J.D. Power
Jan 26 2018 // Despite the growth of both technology-based and direct-to-customer sales channels in the property/casualty (P/C) insurance industry, independent agents still control the lion’s share of P/C premiums and represent a...
Sanders Joins Kemper Corp. from Travelers as President of P/C Division
Jan 25 2018 // Duane Sanders has joined Chicago-based Kemper Corp. as president of its Property & Casualty Division. Sanders will report to Kemper President and Chief Executive Officer Joseph P. Lacher Jr. and will be based in...
Travelers Manages Q4 Profit Despite Wildfires, Tax Hit
Jan 23 2018 // Property/casualty insurance giant Travelers Companies Inc. reported net income of $551 million for the quarter ended December 31, 2017, a 42 percent drop compared to $943 million in the prior year quarter. The drop was...
The Hartford and Travelers Among Companies Offering Bonuses Due to New Tax Law
Jan 22 2018 // Hartford, Conn.-based The Hartford and New York City-headquartered Travelers confirmed they are among several companies giving their employees bonuses of $1,000 each if they earn $75,000 or less annually as a result of...
