Latest Travelers Headlines
All the headlines from our Travelers Topic Page, ordered by recency.
Travelers Broadens Coverage and Raises Limits for Oil and Gas Risks
Jan 17 2012 // Travelers Oil & Gas has enhanced its EnergyPro Control of Well Care, Custody and Control coverage by increasing limits and broadening coverage. More contracts for specialized oil and gas field services, such as...
2012 Off to Bad Weather Start for P/C Insurers
Jan 13 2012 // A tree lays in a yard after a possible tornado roared through Icard, N.C,. on Wednesday, Jan. 11, 2012.Damaging hailstorms in Australia. Unprecedented tornadoes in the southeastern United States. Constant windstorms in...
Travelers Indemnity Says $1M Policy Won’t Cover Penn. Turnpike Mess
Dec 27 2011 // The insurer of a trucking company whose tanker leaked sticky black goo onto the Pennsylvania Turnpike in November says in court filings that its $1 million policy likely won’t be enough to cover roughly 1,000 claims...
Travelers Indemnity Seeks Claims Limit in Western Penn. Turnpike Mess
Dec 14 2011 // An insurance company says its liability for a pre-Thanksgiving asphalt spill on the Pennsylvania Turnpike should be limited to $1 million. Hundreds of vehicles were reportedly damaged when a leaking valve on a tanker...
Travelers CEO Says His Company’s Business Insurance Rates Up Over 5%
Dec 7 2011 // The Travelers Companies CEO Jay Fishman said at a financial conference yesterday that his company raised rates for business insurance customers by 5.2 percent in October, followed by 5.8 percent in November, according to a...
N.Y. Court Rules on Asbestos Defense Costs for Primary Insurer
Nov 23 2011 // A New York State court ruled last Friday that an asbestos defendant is entitled to full defense from its primary insurer for certain asbestos liabilities, with the primary insurer paying all defense costs for covered...
Travelers of Massachusetts Launches Accident Forgiveness, New Car Discounts
Nov 16 2011 // New car purchases in Massachusetts are on pace to exceed the 2010 year-end total of 310,547 by more than seven percent, according to data from the Massachusetts Registry of Motor Vehicles. In response to increasing new car...
Travelers Forms Clean Energy & Technology Practice
Nov 14 2011 // The Travelers Companies, Inc. have formed the Clean Energy & Technology Practice. This new practice offers clean energy and technology-focused insurance products, and risk and claim management resources. The practice...
Best Affirms Ratings of UK-Based Travelers Insurance Co. Limited
Oct 26 2011 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating of “a+” of the UK-based Travelers Insurance Company Limited...
Travelers Latest to Add to Asbestos Reserves
Oct 19 2011 // Travelers Cos. is the latest large insurance company to say the asbestos problem, which the industry was supposed to have put behind it long ago, has not gone away and may be getting worse. Travelers put 25 percent more...
Weather Losses Trim Q3 Profit for Travelers
Oct 19 2011 // Travelers Companies reported a $333 million net profit after taxes for the third quarter, down from $1.05 billion in the third quarter last year. Hurricane Irene and weaker investment returns hurt results. Its pre-tax...
Travelers Launches IntelliDrive Mileage-Based Auto Insurance
Oct 18 2011 // Travelers has launched a program to help low-mileage drivers reduce annual vehicle expenses with its mileage-based auto insurance product, IntelliDrive. Travelers IntelliDrive customers may receive an immediate discount of...
Travelers Red Umbrella Featured at Trademark Show
Oct 18 2011 // The iconic Travelers Insurance red umbrella was recently showcased in an educational event on the role trademarks play in the economy. Travelers participated as an exhibitor at the National Trademark Expo in Alexandria,...
Volunteerism Feeds Employees’ Need to Serve
Oct 17 2011 // “It was like I gave her a million dollars.” That’s how Sean Ramalho of Travelers described the reaction from a woman to whom he gave a blanket on a bitterly cold winter day while he was volunteering at...
Travelers Expands Special Event Insurance
Oct 12 2011 // The Protector Plan for Events, underwritten by Travelers, has been expanded to go beyond weddings and deliver specific coverages for private special events including parties for anniversaries, birthdays, sweet sixteen...
Travelers Launches New Plastics Package
Oct 7 2011 // Travelers has launched a new insurance product for the plastics industry that will provide a range of commercial covers including property damage, business interruption, employers’ liability, public and products...
People
Oct 3 2011 // State Auto Insurance’s previously announced Austin, Texas, claims facility is now operational, the company reported. The following individuals serve on the claims team at the Austin facility: Sandra Robinson, claims...
Insurance Risks of Business Travelers
Oct 3 2011 // Business travelers say there’s no substitute for being there. Even though budgets are tight and new technology makes it easy for people to connect virtually anywhere, businesses understand that it is crucial for...
State Auto Introduces Claims Team at Austin Facility
Sep 19 2011 // State Auto Insurance’s previously announced Austin, Texas, claims facility is now operational, the company reported. The following individuals serve on the claims team at the Austin facility: Sandra Robinson, claims...
Travelers Promotes Coello to Assistant GM for Professional Risks in UK
Sep 15 2011 // Travelers London office announced that Richard Coello has been promoted to the role of Assistant General Manager responsible for Professional Risks for Travelers Insurance Company Ltd. He will be responsible for all...
