Latest Travelers Headlines

Myriad Development Names Former Travelers, MetLife Exec as VP

Aug 5 2005 // Bonnie McHenry, a former vice president of Underwriting at Travelers, and director at MetLife Auto and Home, has joined Austin, Texas-based Myriad Development in the role of vice president, Underwriting Services. McHenry...

St. Paul Travelers Launches New Real Estate Agent and Broker PL Policy

Aug 4 2005 // St. Paul Travelers has introduced a new policy for real estate agents and brokers that provides broader protection from possible claims or litigation against errors and omissions they may make while performing their...

St. Paul Travelers Reports All Segments ‘Strong’ in 2nd Quarter

Jul 28 2005 // The St. Paul Travelers Companies, Inc. reported record net income for the current quarter of $1.069 billion, or $1.59 per basic share and $1.52 per diluted share, compared to a net loss of $275 million, or $0.42 per basic...

A.M. Best Ups Ratings for New St. Paul Travelers Pool

Jul 14 2005 // Insurance ratings standard-bearer A.M. Best Co. has assigned a financial strength rating of “A+” (superior) and an issuer credit rating of “aa-” to the members of the newly formed pool, St. Paul...

St. Paul Travelers Completes Combination of Major Insurance Pools

Jul 13 2005 // Property/casualty insurer St. Paul Travelers has completed its previously announced initiative to combine its two major insurance pools. Specifically, the Travelers Property Casualty Pool and certain companies of the St....

News Briefs

Jul 4 2005 // MASSACHUSETTS Romney Would Require Insurance: Gov. Mitt Romney would require every person in the state to have health insurance under his plan for universal health coverage, which he has dubbed the Safety Net Care...

MetLife Nearing $11.5 Billion Funding Goal to Acquire Travelers Life

Jun 23 2005 // MetLife Inc. is well on its way to funding its $11.5 billion acquisition of Citigroup Inc.’s Travelers Life & Annuity. The New York City-based insurance company, which expects to raise $7.6 billion in debt and...

Jun 20 2005 // OneBeacon Insurance Group, a wholly owned subsidiary of White Mountains Insurance Group, has named Kevin Rehnberg as senior vice president reporting to Chief Executive Officer John Cavoores. Rehnberg will help support...

People

Jun 20 2005 // Jennifer Fahrenkrug has been promoted to territory manager at Sheboygan, Wis.-based regional property/casualty insurer ACUITY and will handle the company’s Michigan and Northern Ohio territories. Meanwhile, Kelly...

People

Jun 20 2005 // Pan-American Life Insurance Company, headquartered in New Orleans, announced the selection of Carlos F. Mickan as executive vice president and chief financial officer. Mickan’s appointment is effective June...

St. Paul Travelers and Kemper Reach Co-Surety Settlement

Jun 17 2005 // St. Paul Travelers Companies and The Kemper Insurance Companies have reached a settlement in connection with certain surety bonds that St. Paul Travelers and Kemper issued as co-sureties. The bonds were issued on behalf of...

InsuranceNoodle to Distribute St. Paul Travelers’ VisionPak

Jun 17 2005 // Chicago-based online wholesaler InsuranceNoodle has been selected by St. Paul Travelers as one of fewer than 90 agencies nationwide to offer the carrier’s VisionPak suite of products for technology companies. Under...

Critics Emphasize Jobs at Conn. Hearing into MetLife-Travelers Merger

Jun 9 2005 // Hartford Mayor Eddie Perez criticized MetLife’s planned acquisition of Travelers Life & Annuity, calling for major changes in the company’s proposal to preserve jobs and mitigate the economic impact on...

St.Paul/Travelers Signs up for Lloyd’s Kinnect Platform

Jun 8 2005 // St Paul/Travelers (SPT) has become the latest Lloyd’s market insurer to pledge its support for the Kinnect electronic platform that has been in development for the last three years. The SPT division, which operates...

St. Paul Travelers Names Preston as Field Marketing Exec VP

Jun 3 2005 // Property/casualty insurer St. Paul Travelers announced Kathleen L. Preston will join the company as executive vice president of field marketing. In this newly created position leading St. Paul Travelers’ 13 regional...

Hartford Mayor Moves to Block MetLife-Travelers Merger

Jun 2 2005 // Hartford Mayor Eddie Perez has asked the state insurance commissioner to block a planned merger of MetLife Inc. and Travelers Life & Annuity. Perez said MetLife has not offered a formal commitment to retain jobs and...

Boston Archdiocese Settles with St. Paul Travelers Over Sex Abuse Claims

May 23 2005 // The Boston Archdiocese has agreed to an $8.5 million settlement with an insurance carrier that disputed the Catholic archdiocese’s claims related to payments to clergy sex abuse victims, the archdiocese...

Conn. to Hear Travelers Life Sale to MetLife on June 7 in Hartford

May 18 2005 // Connecticut Insurance Commissioner Susan F. Cogswell announced a public hearing on the proposed acquisition of the Travelers Insurance Company and the Travelers Life and Annuity Company, both Connecticut insurance...

St. Paul Travelers, Aon Team on New Management Liability Program

May 17 2005 // St. Paul Travelers has launched a new management liability insurance program for members of the National Association of Manufacturers (NAM). The program is administered exclusively by Aon Association Services, a division...

St. Paul Travelers Sets Sail with New Shipwright Program

May 9 2005 // St. Paul Travelers announced the introduction of the Shipwright Program for specialty ship repairers and marine contractors with annual gross receipts of $350,000 or less. Now, a single policy combines marine general...