The Travelers Cos. News

Luxury British Jeweler Pays $7.5 Million in Crypto Ransom to Russian Hackers

Luxury British jeweler Graff Diamonds Corp. paid $7.5 million ransom in Bitcoin to a Russian hacking gang after it leaked data on the jeweler’s high-profile clients, according to a London lawsuit. Graff, that counts Middle East royalty among its client …

2022 Travelers Golf Championship to Get Underway in Connecticut for Charities

The 2022 Travelers Championship tournament will run from June 23 to 26 at TPC River Highlands in Cromwell, Connecticut. The Travelers Championship, sponsored by The Travelers Companies, donates all net proceeds to local charities. Since Travelers became title sponsor in …

Travelers Names Cohn to New Chief Sustainability Officer Post

The Travelers Cos. has created a new position of chief sustainability officer and named Yafit Cohn to fill the post. Cohn will lead Travelers’ environmental, social and governance (ESG) efforts across the organization and will serve as a member of …

Travelers Canada Expands Suite of Services Offered to Specialty Insurance Customers

Travelers Canada, the Canadian arm of The Travelers Cos. Inc., is offering a new suite of services for specialty insurance customers that come packaged with their insurance policy. Human resources, legal and emotional support assistance will now be offered, at …

Travelers Q3 Profit More than Doubles on Lower Catastrophe Losses, Higher Premiums

Third quarter profit more than doubled at Travelers Corp. due to higher premiums and investment income and lower catastrophe losses, the insurer reported. Net income came in at $709 million, up from $293 million for the third quarter last year. …

New York Regulator Surveying Insurers on TRIA Risk

New York’s Financial Services Superintendent Benjamin Lawsky has directed insurers that are licensed to write commercial property or liability business lines in the state to submit information on how they are responding to Congress’ failure so far to reauthorize the …