Analysts Weigh In on Travelers Earnings, Commercial Lines Pricing Trends

By | January 27, 2014

  • January 28, 2014 at 11:14 am
    Huh! says:
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    One thing we know for sure: Travelers is raising their rates. Granular or not, the rate increases we have experienced are more than the average cited in the article and there appears to be no sign of stopping.

    • August 18, 2014 at 12:55 pm
      DA says:
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      They have to make a profit and with investment income down, underwriting is the only way to get it….unless you want the carrier to make it up on the claims side.

  • January 28, 2014 at 6:20 pm
    JC says:
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    I am really glad Travelers is making money. The problem, however, is that it is being made by throwing the burden on the backs of the independent agents. The question is, can they grow it’s profits by throwing us to the wolves. The 1-800 companies are taking advantage of this. What do you guys think.

    • August 18, 2014 at 12:54 pm
      DA says:
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      Stop selling on price then. Show value in the program and yourself.

  • January 29, 2014 at 9:12 am
    lonestar says:
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    Commenting on Quantum 2.0, Sandler O’Neill & Partners’ Newsome said the early indications that he’s been getting from talking to brokers are largely positive. But, he said, “I think it’s too early to tell if it’s going to be a success or not.”

    This is one area where Travelers may not necessarily be exactly in line with what the rest of the market is doing, Newsome said. “I think they are being more aggressive here with price declines in auto insurance than most of their peers. They are lowering commissions which, at the moment, most of their peers are not doing,” he said. “So they are doing something here that’s different from the rest of the auto insurance market. But I think it’s too early to tell whether it will work or not.”

    Even the analysts are questioning if Travelers will be successful by lowering agents commissions.



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