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Liberty Mutual Settles With Travelers Over New York Subcontractor Coverage

May 30 2025 // Liberty Mutual reported that it has reached a settlement with Travelers Insurance in a case involving a construction firm being sued by a man who was injured when he fell down an elevator shaft on a construction...

Definity’s Travelers Canada Deal Could Prompt Wave of Consolidation, CEO Says

May 29 2025 // Canadian property and casualty insurer Definity Financial’s $2.4 billion purchase of Travelers Cos.’ Canadian business could spur a wave of consolidation in Canada’s insurance sector, its CEO said. The...

Definity Financial to Buy Travelers Cos.’ Canadian Operations for $2.4 Billion

May 28 2025 // Travelers Cos. said on Tuesday it has agreed to sell its Canadian personal insurance business and majority of its commercial insurance operations in the country to Definity Financial in a deal valued at $2.4 billion. The...

Travelers Income Drops 65% on Catastrophe Losses, Primarily California Wildfires

May 5 2025 // The Travelers Cos. said first-quarter 2025 fell 65% on an underwriting loss of $305 million. Travelers posted first-quarter net income of about $395 million compared to about $1.1 billion during Q1 2024. The underwriting...

Potential Tariff Auto Severity Impact on Travelers: Single-Digits or Less

Apr 17 2025 // Wildfire losses obscured what executives of Travelers described as outstanding underlying results for the insurer’s first quarter—and looking ahead, the company is well-positioned to face the impacts of...