Latest Travelers Headlines
All the headlines from our Travelers Topic Page, ordered by recency.
Fallout from Travelers CGL Cyber Ruling: Insurance Buyers and Sellers Beware
Apr 25 2016 // Experts are cautioning both insurance buyers and sellers not to overreact to the recent federal court decision finding data breach defense coverage under a commercial general liability (CGL) policy. Experts are cautioning...
Travelers Profit Drops 17% in Q1 Due to Texas Storms
Apr 21 2016 // The Travelers Companies Inc. reported net income of $691 million for the quarter ended March 31, 2016, down 17 percent from $833 million in the prior year quarter. Operating income in the current quarter was $698 million...
Vermont Fines Travelers, Liberty Mutual
Apr 18 2016 // The Vermont Department of Financial Regulation (DFR) announced that Travelers Insurance and Liberty Mutual Insurance have paid Vermont $154,000 in fines and repaid consumers another $54,500. DFR said in March that the two...
RIMS 2016: Travelers CGL Data Breach Ruling Won’t Impact Cyber Market
Apr 13 2016 // Powered by InsuranceJournal.tv What will be the effect of this week’s federal court ruling that Travelers Indemnity, under its commercial general liability (CGL) coverage, must defend an insured sued due to a medical...
Federal Court Rules CGL Insurance Covers Data Breach
Apr 12 2016 // A federal appeals court in Virginia has upheld a lower federal court in ruling that a commercial general liability policy (CGL) may cover a data breach. In a case involving the publication of private medical records on the...
Travelers Predictive Model Helps Injured Workers Avoid Chronic Pain, Opioid Use
Apr 5 2016 // The country’s largest workers’ compensation insurer said it has developed a model to predict the likelihood of an injured worker developing chronic pain. The model can them help the workers take steps to avoid...
U.S. Must Lower Corporate Taxes to Keep Insurers: Travelers CEO Schnitzer
Apr 4 2016 // Alan Schnitzer, the new chief executive officer of insurer Travelers Cos., called on U.S. lawmakers to reduce corporate taxes or risk harming business in country. “We continue to see the U.S. corporate income tax...
Vermont Fines 2 Insurers for Non-Compliance
Mar 15 2016 // Vermont Department of Financial Regulation (DFR) Commissioner Susan L. Donegan announced that Travelers Insurance Co. and Liberty Mutual Insurance Co. have paid Vermont $154,000 in fines and repaid consumers another...
Travelers to Offer Homeowners Insurance Discount for Smart Home Devices
Mar 10 2016 // The Travelers Companies, Inc. will now provide a discount on homeowners insurance for eligible customers with qualifying smart home devices. Smart smoke detectors and security systems that alert homeowners through their...
Travelers Enhances Contractors Professional, Pollution Liability Coverage
Mar 6 2016 // Travelers has enhanced its product offering for contractors by combining professional liability and pollution liability coverages. The product now offers additional protection against environmental damage caused by design...
On the Water: Travelers’ Shasha Talks Boats for the Summer
Feb 22 2016 // With more than 12 million registered vessels nationwide, the boat and yacht market presents an interesting opportunity for agents and brokers to add to their book. Boats are a growing opportunity for Travelers as well,...
New York to Offer Free Zika Virus Testing for Symptomatic Travelers
Feb 3 2016 // New York Gov. Andrew M. Cuomo announced Monday that the New York State Department of Health will offer advanced lab testing for individuals with symptoms who have traveled to areas where Zika virus infection is...
New Travelers CEO Schnitzer Stresses Continuity, Innovation in Earnings Call Debut
Jan 28 2016 // The Travelers Companies held its first earnings call under new CEO Alan Schnitzer on Jan. 21 with the property/casualty carrier’s executives putting forth a message of continuity and normalcy, even in the face of a...
Travelers’ Q4 Profit Takes Hit
Jan 21 2016 // Travelers Cos., the only property-casualty insurer in the Dow Jones Industrial Average, said fourth-quarter profit fell 17 percent as investment income declined on low bond yields and valuations for energy-related...
Insurance ‘Sting’ Aims to Catch Cargo Thieves During Their Busy Holiday Season
Dec 1 2015 // Somewhere in America, a tractor-trailer loaded with hidden surveillance equipment is parked at a truck stop or warehouse while authorities wait for thieves to steal it. No one is sure when, or even if, crooks will take it....
Travelers Appoints Casella as Senior VP, International Insurance
Nov 19 2015 // The Travelers Companies Inc. announced that Michael Casella has joined the company as senior vice president, International Insurance. Casella will be responsible for furthering efforts to leverage the expertise from the...
Travelers Insurance Sales, Underwriting Improve in Q3
Oct 20 2015 // Travelers Cos., the lone property/casualty insurer in the Dow Jones Industrial Average, said third-quarter profit advanced 1 percent as sales growth accelerated, and improved underwriting margins helped cushion lower...
Businesses Aren’t Alone in Worrying About Cyber Risk
Oct 13 2015 // Joe Public has joined U.S. business owners in worrying about cyber risk more and more. Cyber-related concerns grew by more than 20 percentage points among consumers from last year, moving from the fifth-ranked to the...
Incoming, Outgoing Travelers CEOs Talk Transition, M&As
Aug 17 2015 // Departing Travelers Insurance CEO Jay Fishman and his successor, Alan Schnitzer, insist that the property/casualty insurance giant will experience a smooth transition. The Travelers Companies announced on Aug. 4 that...
