Latest Travelers Headlines
All the headlines from our Travelers Topic Page, ordered by recency.
Mo. WC Pool Will See Average Rates Fall
Jul 3 2003 // For the next year, average workers’ compensation rates will fall slightly for Missouri employers that buy coverage through the state’s “pool” of last resort, according to Scott Lakin, director of...
Travelers P/C Appoints Bloom CIO
Jun 30 2003 // William Bloom joined Travelers Property Casualty Corp. as senior vice president and Chief Information Officer, responsible for the company’s technology platform, including its telecommunications systems. Bloom most...
A.M. Best Downgrades Rating of Gulf Group
Jun 26 2003 // A.M. Best Co. has downgraded the financial strength rating to A (Excellent) from A+ (Superior) of the Gulf Insurance Group (Hartford, Conn.). The rating outlook is stable. This rating action reflects the group’s...
Minority and Women Agents Look to Tap Emerging Markets
Jun 23 2003 // Insurance is about numbers, and right now the numbers are depressing when it comes to minority and women agents in the business. In spite of the tremendous growth of minority populations in the United States and the...
Minority and Women Agents Look to Tap Emerging Markets
Jun 23 2003 // Insurance is about numbers, and right now the numbers are depressing when it comes to minority and women agents in the business. In spite of the tremendous growth of minority populations in the United States and the...
Travelers Notes Real-Time Billing Inquiry for Agency Directly From Their Applied Systems Agency Mgt. System
May 19 2003 // Independent insurance agencies are now able to access billing information in real-time for Travelers small commercial policies directly from their Applied Systems agency management system, supplementing the wide range of...
SARS Risk to Travelers Results in Re-examination of Coverage
May 9 2003 // The current outbreak of SARS (Sudden Acute Respiratory Syndrome) is reportedly causing considerable anxiety at organizations with employees traveling internationally, especially to and from Asia. California-based ABD...
Travelers Property Casualty, DORIS Insurance Systems Note New Real-Time E-Service Solutions
May 9 2003 // Travelers Property Casualty (www.travelers.com) and DORIS Insurance Systems LLC, an agency management system provider, announced new real-time e-service capabilities for loss runs, electronic policy view, and billing...
Travelers Launches Policy Download Capability for Agents with Boat, Yacht Policies
May 1 2003 // Travelers Property Casualty is now offering its independent agents an Internet batch download system for boat and yacht insurance policies. With this new capability, agencies do not need to re-key policy information into...
Travelers Bond Launches Online Premium Indication Tool
Apr 9 2003 // Travelers Bond, a division of Travelers Property Casualty Corp. announced the debut of a new tool that allows agents to obtain – via the Internet – premium indications for Travelers executive liability...
Innovation at Work Meets the Power of One as AMS Users Connect
Apr 7 2003 // The 27th Annual AMS Users’ Group Conference met March 13-16 in Orlando, Fla. The conference had a show of more than 2,600 agents, CSRs and company representatives with more than 50 exhibitors. The conference featured...
Innovation at Work Meets the Power of One as AMS Users Connect
Apr 7 2003 // The 27th Annual AMS Users’ Group Conference met March 13-16 in Orlando, Fla. The conference had a show of more than 2,600 agents, CSRs and company representatives with more than 50 exhibitors. The conference featured...
A.M. Best Further Downgrades Ratings of Commercial Travelers and Monitor Life
Mar 27 2003 // A.M. Best Co. announced that it has downgraded the financial strength ratings to B- (Fair) from B+ (Very Good) of Commercial Travelers Mutual Insurance Company and its wholly-owned subsidiary, Monitor Life Insurance...
Travelers, Michigan Ins. Recipients of AMS Users’ Group Quantum Award
Mar 19 2003 // The winners of the first-ever Quantum Award were announced at the AMS Users’ Group 27th Annual National Conference on March 15. Travelers Property Casualty and Michigan Insurance Company tied for the award, which...
Travelers/Citigroup Grant to Benefit New Orleans Insurance Students
Feb 14 2003 // A $10,000 grant from Travelers/Citigroup Foundation will allow New Orleans area students in 12 financial services academies to take three field trips to local insurance agencies. The grant will also fund one classroom site...
Travelers Affirmed; Outlook Neg.
Feb 10 2003 // S&P’s affirmed its “A-” counterparty credit and senior debt ratings on Hartford, Conn.-based Travelers Property Casualty Corp., following an announcement that the company will take an after-tax...
Travelers Affirmed; Outlook Neg.
Feb 10 2003 // S&P’s affirmed its “A-” counterparty credit and senior debt ratings on Travelers Property Casualty Corp. following an announcement that the company will take an after-tax charge of $1.3 billion in...
Silverstein Spokesman Replies to Swiss Re Comments; Calls them ‘Cynical, Manipulative’
Feb 5 2003 // Howard Rubenstein, a spokesman for Larry Silverstein, responded to Swiss Re’s press release of Feb. 4, that criticized Silverstein in his attempt to collect insurance money from the Sept. 11, 2001 attack on the World...
Silverstein Registers Second Litigation Triumph in One Day
Jan 29 2003 // Silverstein Properties Inc. reported Wednesday that the district judge presiding over its dispute with the insurers of the Twin Towers had granted its motion to compel Swiss Re and Allianz to produce notes of meetings held...
Travelers P/C Notes 4thQ Net Loss of $793.4M as a Result of Prior Asbestos Reserve Charge of $1.3B
Jan 24 2003 // Travelers Property Casualty Corp. reported a net loss for the fourth quarter of $793.4 million or $0.79 per share, basic and diluted, compared to net income of $303.3 million or $0.39 per share in the prior year quarter....
