Latest Travelers Headlines
All the headlines from our Travelers Topic Page, ordered by recency.
Travelers Builds Marine Construction Program for Contractors
Aug 1 2011 // Travelers has developed a new marine construction program for construction contractors working with both the marine and non-marine exposures in and around the water. The Travelers Marine Construction program can be...
Travelers Posts Q2 Loss with $1 Billion in Tornado Costs
Jul 21 2011 // Travelers Cos. Inc. reported a second-quarter loss, missing analysts’ estimates by a huge margin as the property insurer suffered more than $1 billion in catastrophe losses from record-breaking tornadoes in April and...
Travelers Names Two New London-based Chief Underwriting Officers
Jul 5 2011 // Travelers announced that it has added increased underwriting expertise to its UK, Ireland and Lloyd’s businesses with the appointment of two new Chief Underwriting Officers (CUO’s). The new CUO’s...
Travelers Tournament Raises $1 Million for Charity
Jun 27 2011 // The 2011 Travelers Championship will generate in excess of $1 million for charity, including commitments from Travelers, bringing the tournament’s total 2011 charitable contribution to an amount on par with the...
Travelers Acquires Interest in Brazilian Surety Insurer JMalucelli
Jun 21 2011 // The Travelers Companies announced that the company has completed its acquisition of a 43 percent interest in JMalucelli Participações em Seguros e Resseguros S.A., the market leader in the surety insurance business in...
Travelers Bond & Financial Launches CyberRisk Product
Jun 15 2011 // Travelers has unveiled CyberRisk, a new product from Travelers Bond & Financial Products meant to limit client cyber exposures and managing associated risks. “Cyber risks leave businesses exposed regardless of...
Travelers to Post Q2 Loss, Limit Share Buybacks Due to Storm Losses
Jun 10 2011 // Travelers Companies Inc. is slowing down its share buybacks and will post a second-quarter operating loss because of more than $1 billion in catastrophe losses, the property insurer said Friday. The company also warned of...
Travelers Europe Appoints Felisky as Chief Risk Officer
Jun 7 2011 // Travelers Europe announced that Kendra Felisky has been appointed to the “newly created position of Chief Risk Officer, Europe, covering both Travelers Syndicate Management and Travelers Insurance Company.” She...
Best Affirms Travelers and Subsidiaries Ratings
May 27 2011 // A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A+’ (Superior) and issuer credit ratings (ICR) of “aa” of Travelers Group and its property/casualty members, and affiliates,...
Travelers Expands Coverage for Healthcare Organizations
May 25 2011 // Travelers has unveiled new property coverages through its IndustryEdge product for healthcare organizations. New coverages include: Ordinance or Law – Communicable Disease Contamination Coverage – This coverage pays...
Oklahoma Schools Insurance Rates Go Up After Storms
May 23 2011 // More than 400 Oklahoma schools have received notices of expected insurance rate increases averaging 19.5 percent. The notice from the Oklahoma Schools Insurance Group, which provides various types of coverage to 440 of...
Why Bragging May Create a Greater Legal Duty of Care
May 19 2011 // It has often been said that every attorney has a little larceny in his heart. In similar fashion, it could be said that every insurance agent has a little puffery in his heart regarding his book of business, background and...
Travelers Enhances Coverage for Educational Institutions
May 17 2011 // Travelers has launched its Excess Educators Legal Liability (ELL) through its IndustryEdge product for educational institutions. Travelers integrated its umbrella coverage for both casualty and ELL offerings under a single...
Caputo, Former Citi Exec and Clinton Aide, Joins Travelers
May 10 2011 // Lisa Caputo is joining The Travelers Companies, Inc. as executive vice president for marketing and communications on June 1. Caputo joins Travelers from Citigroup, where she was managing director for the public sector...
Small Business Owners Concerned Over Taxes, Healthcare Issues
May 4 2011 // Tax-related regulations and concerns over health care burden many small business owners today. Nearly two out of three business owners believe that tax-related regulations are too burdensome, while 51 percent find health...
Bragging About an Agent’s Book of Business May Create a Greater Legal Duty of Care
May 2 2011 // It has often been said that every attorney has a little larceny in his heart. In similar fashion, it could be said that every insurance agent has a little puffery in his heart regarding his book of business, background and...
Travelers Profits Up
Apr 21 2011 // Improved pricing and a drop in catastrophe losses boosted Travelers profits 30 percent in the first quarter, as it beat Wall Street’s expectations and offered some evidence of a turn in the soft market. Net profit...
Genden Appointed CEO of Travelers Europe
Apr 18 2011 // The Travelers Companies announced that Sean Genden has been named CEO of Travelers Europe, charged with supporting its “strategic and growth initiatives in the European property and casualty market.” He...
Travelers Introduces Crisis Management Expenses Endorsement
Apr 5 2011 // Travelers has introduced a new crisis management expenses endorsement for commercial umbrella policies to help mitigate the negative publicity generated by a crisis event. The Travelers endorsement has an aggregate limit...
Travelers Sees Insurance Business Improving
Jan 25 2011 // Travelers Companies Inc. posted a higher-than-expected quarterly profit and the largest publicly traded U.S. property insurer said there were early signs businesses were finally willing to spend more on insurance. Despite...
