Latest Travelers Headlines
All the headlines from our Travelers Topic Page, ordered by recency.
Travelers Europe to Form Dublin Insurance Subsidiary Ahead of Brexit
Jan 30 2019 // Travelers Europe announced it has been granted a license by the Central Bank of Ireland to form a wholly owned insurance subsidiary in the Republic of Ireland. Based in Dublin, Travelers Insurance Designated Activity Co....
Travelers Partners with ASQ Underwriting on Transactional Risk Insurance
Jan 23 2019 // The Travelers Companies, Inc. has partnered with ASQ Underwriting, a managing general underwriter, to offer transactional risk insurance in the United States, as strategic and private equity investors increasingly turn to...
California’s Massive Wildfires Push Travelers to Seek Higher Premiums
Jan 22 2019 // California’s deadly wildfires are raising the specter of higher insurance premiums for homeowners in the state. After “two significant years in a row of losses, I think the discussion and the debate about the...
Travelers Grew Q4 Profit Despite California Wildfire, Hurricane Michael Losses
Jan 22 2019 // Travelers Cos. reported that despite catastrophe losses from the California wildfires and Hurricane Michael, it boosted its profit in the fourth quarter of 2018 thanks to growth in premiums and investment income. Net...
Digital Briefs
Jan 7 2019 // Travelers Eyes Wearables The Travelers Companies has partnered with contractor company Gilbane, and Triax Technologies, a provider of Internet of Things (IoT) construction technology, to explore the potential safety...
Declarations
Jan 7 2019 // Caution Advised “I encourage New Yorkers to exercise caution when disclosing sensitive personal information.” — New York Attorney General Barbara D. Underwood warned in a press release announcing that a...
How Big Tech Flirted with Insurance in 2018
Jan 2 2019 // The almost weekly headlines about insurers and venture capitalists investing in insurtechs and tech-savvy insurance startups sometimes blocked the view of what established big technology firms were doing in...
Travelers Establishes Program to Help with Connecticut Crumbling Foundations
Dec 10 2018 // The Travelers Companies Inc. has established the Travelers Benefit Program, a $5 million fund to assist customers in repairing homes with crumbling foundations in northeast Connecticut. The matter stems from concrete...
How Insurer Deployed Technology to Expedite Wildfire Claims
Nov 29 2018 // As wildfires raged this month in California, insurance claims experts at Travelers sat in a command center 3,000 miles (4,828 kilometers) away in Connecticut, monitoring screens showing satellite images, photos from...
Court: Travelers Insurer Off the Hook in Florida Hotel Chain Data Breach Suit
Nov 21 2018 // A U.S District Court in Florida’s ruling could have wide-reaching effects with respect to an insurer’s duty to defend commercial general liability policyholders in data breach cases resulting from the acts of...
Travelers Partners with Contractor, Tech Firm on Wearables for Construction Safety
Nov 16 2018 // The Travelers Companies has partnered with contractor company Gilbane, and Triax Technologies, a provider of Internet of Things (IoT) construction technology, to explore the potential safety benefits of wearable...
Illinois Supreme Court Sides with Agent in Policy Dispute
Nov 8 2018 // The Illinois Supreme Court has agreed with an insurance agent’s argument that under state law insureds have two years from the date an insurance policy is issued to file suit against an insurance producer alleging...
Travelers Q3 Profit More than Doubles on Lower Catastrophe Losses, Higher Premiums
Oct 18 2018 // 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...
Travelers Teams with Amazon to Offer Smart Home Products, Insurance Quotes
Oct 16 2018 // The Travelers Companies Inc. is teaming up with Amazon to offer smart home kits, insurance quotes and risk management information through a digital storefront: Amazon.com/Travelers. Customers will be able to obtain smart...
Travelers Risk Index: Businesses Believe a Cyber Attack is Inevitable
Oct 1 2018 // Cyber risks are the No. 2 concern across all business sizes and industries, and the percentage of businesses reporting they have been the victim of a cyber attack has doubled, according to a new industry report by...
Travelers’ Chapman to Lead IAT’s New Surety Unit After IFIC Acquisition
Aug 29 2018 // IAT Insurance Group has hired Ken Chapman as executive vice president, Surety, to lead IAT’s new surety business following IAT’s acquisition of IFIC Surety Group that is expected to close in the third...
Frey to Replace Benet as CFO at Travelers
Aug 8 2018 // The Travelers Companies announced that, effective Sept. 1, Jay S. Benet will step down from his role as chief financial officer, a position he has held since 2002. Benet will remain on the senior leadership team as vice...
Weather Ranks Top in Causes of Home Damage: Travelers
Aug 6 2018 // Wind is the most common claim while fire is the most expensive claim for homeowners, according to Travelers Companies’ recently released Top Ways Things Can Go Wrong interactive report. The report examines the...
Travelers Seeks Review of Court Ruling on Crime Insurance Loss Involving Email Fraud
Jul 31 2018 // Travelers Insurance is seeking a full Sixth Circuit court reconsideration of its three-judge panel ruling that said the insurer’s crime insurance policy’s computer fraud clause covered a loss due to money...
Travelers Q2 Profit Dips Due to Hail, Harvey
Jul 19 2018 // Travelers Companies reported that catastrophe losses from wind and hail storms in several regions of the United States cut into its second quarter profit. Net income for the quarter was $524 million compared to $595...
