Latest Travelers Headlines
All the headlines from our Travelers Topic Page, ordered by recency.
Travelers Launches Online System in UK, Providing Quick Mgmt Liability Quotes
Jun 19 2017 // Travelers Insurance Co. Ltd. in the UK has launched a new online system that enables UK brokers to receive management liability quotes and bind coverage for their clients in a matter of minutes. Accessed through the My...
Travelers’ Drone Program Is Shaping the Way Claims Reps Do Business
Jun 5 2017 // Travelers’ Claim University, founded in 2007, is working to change the way its claims professionals do business through the use of drones to assist in property inspection and claims analysis. The nearly...
Nationwide Names Travelers’ Stueber as Vice President of Construction
May 15 2017 // Linda Stueber has joined Nationwide as the new vice president of Construction for Standard Commercial, the insurer announced. Stueber has 25 years of experience in commercial lines— with the past 20 years focused...
Travelers’ Drone Program Is Changing the Way Its Claims Reps Do Business
May 11 2017 // Powered by InsuranceJournal.tv Travelers’ Claim University, founded in 2007, is working to change the way its claims professionals do business through the use of drones to assist in property inspection and claims...
Tornado, Hail Losses Hurt Travelers in Q1
Apr 20 2017 // Travelers Cos. was burned again by Mother Nature. Alan Schnitzer has been contending with volatile weather since becoming chief executive officer in late 2015, extending a trend of recent years in which storm seasons last...
Travelers Adds Symantec Cybersecurity Services to Cyber Policies
Apr 10 2017 // The Travelers Companies, Inc. is now offering cybersecurity services from Symantec Corp. to eligible Travelers cyber policyholders. Symantec will provide a cyber resilience readiness assessment, cybersecurity awareness...
Travelers Notes Impact of Cut in UK Discount Rate for Lump Sum Payouts
Mar 20 2017 // The Travelers Companies Inc. has estimated impact of the recent decision by the UK Ministry of Justice to reduce the discount rate applied to lump-sum bodily injury payouts, known as the Ogden rate, from +2.5 percent to...
Texas High Court Finds for Insurer in D&O Coverage Dispute
Mar 20 2017 // The Texas Supreme Court recently ruled in favor of an insurer in a case that hinged on the applicability of an insured-v.-insured exclusion in the carrier’s directors and officers (D&O) liability policy. The...
Travelers to Buy UK-Based Simply Business for $490M
Mar 13 2017 // The Travelers Cos. Inc. announced it has agreed to acquire Simply Business from Aquiline Capital Partners LLC for approximately $490 million, which includes the repayment of debt and other obligations at closing. Operating...
Sompo Canopius’ Mining Capacity Rises to $30M with Travelers Syndicate Support
Mar 7 2017 // Sompo Canopius AG announced that its heavy industry team has secured additional capacity for its mining cover from Travelers Syndicate 5000 at Lloyd’s. This takes full capacity for the mining portfolio up to US$30...
Texas High Court Finds for Insurer in D&O Coverage Dispute
Mar 1 2017 // The Texas Supreme Court recently ruled in favor of an insurer in a case that hinged on the applicability of an insured-v.-insured exclusion in the carrier’s directors and officers (D&O) liability policy. The...
Insurers Caught In Municipal Bond Slump While Awaiting Trump Tax Plan
Feb 28 2017 // The disruption in the municipal bond market is punishing some of the most loyal buyers of the debt. The insurance industry has seen more than $5 billion of gains erased on state and local bonds after Donald Trump’s...
Security Breach at New York’s Kennedy Airport Unnerves Some Travelers
Feb 24 2017 // A breach that allowed 11 people to walk through an unattended security checkpoint lane at one of the nation’s busiest airports has some travelers scratching their heads about how this could happen even with the...
Private Equity Returns Boost Travelers Q4 Profit
Jan 24 2017 // Travelers Cos., the only property/casualty insurer in the Dow Jones Industrial Average, said fourth-quarter profit jumped 8.9 percent as investment income improved and the company recorded a gain tied to the settlement of...
Former Travelers, PMA Executive Klotz Joins Technology Advisory Firm Novarica
Nov 2 2016 // Novarica, a research and advisory firm focused on insurance technology strategy, announced that Jim Klotz has joined the firm as a vice president of research and consulting. Prior to joining Novarica, Klotz spent 15 years...
Travelers Says Property-Related Claims Spike on Halloween
Oct 31 2016 // On Halloween, homeowners have more to worry about than running out of candy for trick-or-treaters. The Travelers insurance company says there are 24 percent more property crime-related claims on Halloween than an average...
Travelers’ Q3 Results Hurt by Auto, Flood Claims
Oct 20 2016 // Travelers Cos., the sole property/casualty insurer in the Dow Jones Industrial Average, posted its fourth-straight profit decline as weather-related costs climbed and investment income slipped. The stock had the biggest...
Louisiana Police Jury Sues Travelers in Effort to Recover Stolen Money
Oct 3 2016 // The Rapides Parish Police Jury has hired a law firm to try to recover money they say was stolen from the District Attorney’s Office by an employee. The police jury, which is the governing authority for the parish,...
Allied World’s U.S. Cyber Team Adds Glasgow from Travelers
Aug 24 2016 // Allied World U.S. has appointed Jason Glasgow as vice president and practice lead for Technology, Privacy & Network Security Professional Liability. In this role, Glasgow will be responsible for the strategy,...
Former Travelers CEO Fishman Dies
Aug 21 2016 // Jay Fishman – Photographer: Joshua Roberts/Bloomberg Jay Fishman, executive chairman and former CEO of The Travelers Companies, has died. The company he transformed into a major industry player and led for years...
