Latest Travelers Headlines
All the headlines from our Travelers Topic Page, ordered by recency.
Travelers Hit Hard with Catastrophe Losses in Q2
Jul 21 2016 // The Travelers Companies reported an 18 percent drop in net profit for the second quarter largely due to a 50 percent rise in losses from catastrophes. Catastrophe losses of $333 million, up from $221 million for the same...
Selling Medical Insurance to Brazil Travelers – An Expert Offers Advice
Jul 18 2016 // How should an agent or broker approach selling travel medical insurance to those heading to Brazil? The answer is simple: know what potential dangers they face, provide them with the information to reduce their risk, and...
Former Travelers’ CEO Fishman Bringing Fight Against ALS to Golf Course
Jul 18 2016 // Jay Fishman finds it more comfortable these days to use a wheelchair to get around, and has begun getting some help breathing from a portable ventilator. The former Travelers CEO says he’s in “the final...
Wedding Vendors Account for Most Costly Claims: Travelers
Jun 27 2016 // Problems with vendors amounted to 30 percent of claim payments for all wedding claims, according to Travelers Companies, Inc. which announced the findings of its recent analysis of wedding insurance claims from...
Travelers to Offer Small Business Insurance in UK via Online Platform
Jun 22 2016 // The Travelers Cos. Inc. announced it will offer insurance directly to UK small businesses with fewer than 10 employees and less than £2.5 million ($3.7 million) in revenues. The online platform will initially be available...
Travelers Sued Over Fair Housing Act
Jun 6 2016 // The National Fair Housing Alliance (NFHA) has filed a federal lawsuit against Travelers Indemnity Company and Travelers Casualty Insurance Company of America, accusing the insurers of violating local and federal housing...
Travelers & Novae Join Lloyd’s Construction Consortium; Capacity Rises to $320M
May 27 2016 // Two insurers, Travelers and Novae, have joined the Construction Consortium at Lloyd’s to offer greatly increased underwriting capacity for the largest construction risks in the world across all major onshore...
Travelers Promotes Toczydlowski to President, Business Insurance; Spadorcia Retires from Personal Insurance
May 26 2016 // The Travelers Companies Inc. announced that Greg Toczydlowski, executive vice president, has been promoted to president of Business Insurance. Toczydlowski most recently served as executive vice president and president,...
West Virginia Motorcyclist Wins $500K in Suit Against Travelers, Truck Driver
May 25 2016 // A jury has awarded more than $500,000 to a motorcyclist in South Charleston, W. Va., who was injured in a lumber spill wreck. The Charleston Gazette-Mail reports jurors reached the verdict last week in Larry Keeling...
South Dakota Lawyer Says Auto Insurer Misled Him about Policy
May 23 2016 // The former lawyer for a car crash victim accused an auto insurance company of hiding a $1 million policy that could have paid for his client’s medical bills during testimony in court. Attorney Jeff Cole testified in...
What to Know About Travelers’ CGL Cyber Ruling
May 23 2016 // Experts are cautioning insurance buyers and sellers not to overreact to the recent federal court decision finding data breach defense coverage under a commercial general liability (CGL) policy. Buyers would be mistaken to...
Lawsuit Accuses Travelers of Violating Fair Housing Act in D.C.
May 18 2016 // The National Fair Housing Alliance (NFHA) has filed a federal lawsuit Tuesday against Travelers Indemnity Company and Travelers Casualty Insurance Company of America, accusing the insurers of engaging in actions that...
Insurers Limit Exposure as Quakes Increase in Oklahoma
May 13 2016 // As the number of earthquakes in Oklahoma exploded into the hundreds in the last few years, nearly a dozen insurance companies moved to limit their exposure, often at the expense of homeowners, a Reuters examination has...
Report: Healthy but Challenging Workers’ Compensation Market
May 2 2016 // The workers’ compensation market is healthy and robust. It’s both competitive and profitable. That’s good news for business owners, the insurance industry and injured workers. Beneath the positive news,...
U.S. Issues Zika Safety Guidelines for Outdoor Workers, Business Travelers
Apr 25 2016 // U.S. health and safety officials issued new guidelines on Friday to help protect workers from exposure to Zika, a mosquito-borne and sexually-transmitted virus that causes the birth defect microcephaly and other...
Fallout from Travelers CGL Cyber Ruling: Insurance Buyers and Sellers Beware
Apr 25 2016 // Experts are cautioning both insurance buyers and sellers not to overreact to the recent federal court decision finding data breach defense coverage under a commercial general liability (CGL) policy. Experts are cautioning...
Travelers Profit Drops 17% in Q1 Due to Texas Storms
Apr 21 2016 // The Travelers Companies Inc. reported net income of $691 million for the quarter ended March 31, 2016, down 17 percent from $833 million in the prior year quarter. Operating income in the current quarter was $698 million...
Vermont Fines Travelers, Liberty Mutual
Apr 18 2016 // The Vermont Department of Financial Regulation (DFR) announced that Travelers Insurance and Liberty Mutual Insurance have paid Vermont $154,000 in fines and repaid consumers another $54,500. DFR said in March that the two...
RIMS 2016: Travelers CGL Data Breach Ruling Won’t Impact Cyber Market
Apr 13 2016 // Powered by InsuranceJournal.tv What will be the effect of this week’s federal court ruling that Travelers Indemnity, under its commercial general liability (CGL) coverage, must defend an insured sued due to a medical...
Federal Court Rules CGL Insurance Covers Data Breach
Apr 12 2016 // A federal appeals court in Virginia has upheld a lower federal court in ruling that a commercial general liability policy (CGL) may cover a data breach. In a case involving the publication of private medical records on the...
