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Uncertainty Keeps Prices Up; No Prior-Year Loss Development: Travelers

Apr 19 2024 // With its personal lines business benefiting from the impact of rate increases earning into the book, and the commercial lines insurance premium changes staying in double-digits, Travelers reported $1.1 billion in net...

Travelers CEO on Q1 Results: ‘We’re Firing On All Cylinders’ With Net Income Up 16%

Apr 17 2024 // The Travelers Companies, Inc. today reported first quarter net income of $1.123 billion, compared to $975 million in the prior year quarter. Core income in the current quarter was up 14% to $1.096 billion, compared to $970...

Travelers Survey: Distracted Drivers Making US Roads More Dangerous

Apr 12 2024 // Nearly 80% of respondents to a recent Travelers survey said inattentive driving is more of a problem now than it has been in past years. Travelers noted the pandemic triggered a new wave of dangerous habits. The 2024...

5th Circuit Finds Travelers Policy Excluded Waste Dumping by Mississippi Firm

Mar 19 2024 // Courts have found that policy exclusions often fail due to ambiguous wording. In the case of a Mississippi company that allegedly dumped corrosive wastewater into sewer systems, though, Travelers Casualty and Surety...

Miami Labor Supplier Charged With Underreporting Payroll to Travelers

Feb 29 2024 // Florida authorities charged a Miami contractor with vastly underreporting his payroll and skipping out on $253,000 in workers’ compensation insurance premiums to Travelers Property and Casualty Co. Gustavo Antonio...

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