Sunken Superyacht Likely to Cost Insurers at Least $150 Million, Experts Say August 30, 2024 By Noor Zainab Hussain and Carolyn Cohn Insurers of the Bayesian superyacht that sank this month, killing tech entrepreneur Mike Lynch and six others, could be on...
Yacht Insurer OMAC Is Hull Carrier for Yacht Sunk Off Sicily, Sources Say August 22, 2024 By Noor Zainab Hussain Yacht insurance provider OMAC is the carrier on the hull for the Bayesian, a 56-meter-long (184-ft) sailboat, that was hit...
Travelers Reverses Q2 Income Loss, Narrows Underwriting Loss July 19, 2024 The Travelers Companies, Inc. reported second quarter net income of $534 million, compared to a loss of $14 million during...
Luxury British Jeweler Pays $7.5 Million in Crypto Ransom to Russian Hackers July 6, 2022 By Olivia Fletcher Luxury British jeweler Graff Diamonds Corp. paid $7.5 million ransom in Bitcoin to a Russian hacking gang after it leaked...
2022 Travelers Golf Championship to Get Underway in Connecticut for Charities June 21, 2022 The 2022 Travelers Championship tournament will run from June 23 to 26 at TPC River Highlands in Cromwell, Connecticut. The...
Travelers Names Cohn to New Chief Sustainability Officer Post August 16, 2019 The Travelers Cos. has created a new position of chief sustainability officer and named Yafit Cohn to fill the post....
Travelers Canada Expands Suite of Services Offered to Specialty Insurance Customers March 6, 2019 Travelers Canada, the Canadian arm of The Travelers Cos. Inc., is offering a new suite of services for specialty insurance...
Travelers Q3 Profit More than Doubles on Lower Catastrophe Losses, Higher Premiums October 18, 2018 Third quarter profit more than doubled at Travelers Corp. due to higher premiums and investment income and lower catastrophe losses,...
New York Regulator Surveying Insurers on TRIA Risk December 31, 2014 New York’s Financial Services Superintendent Benjamin Lawsky has directed insurers that are licensed to write commercial property or liability business...