August 23, 2013
Iowa City officials are negotiating with an insurer about a disputed claim arising from last year’s landfill fire. The Iowa City Press-Citizen says the city council has approved a confidentiality agreement with The Travelers Cos. That agreement will keep details …
May 20, 2013
Travelers has introduced Construction Pak – Builders’ Risk, an enhanced product to help construction projects of all sizes and types stay on schedule. From standard construction to complex undertakings such as highway projects, stadiums and high-rise buildings, the enhanced builders’ …
April 9, 2013
Travelers Insurance announced it has reached a settlement with policyholders in Louisiana over property damage caused by Hurricanes Katrina and Rita. The Hurricane Katrina-Travelers Settlement Administrator said the proposed settlement has been preliminarily approved in a class action lawsuit, Arthur …
January 23, 2013
Travelers Cos. Inc.’s quarterly profit handily beat Wall Street expectations as it charged more for insurance coverage while holding on to its customers, sending its shares up as much as 5 percent to an all-time high. Travelers, a Dow Jones …
September 11, 2012
Insurance rates continued to rise in the third quarter for both businesses and individual customers, extending the pricing power that developed late last year, insurer Travelers Cos. Inc. said on Tuesday. In a slide presentation prepared for a Barclays financial …
August 22, 2012
Several subsidiaries of Travelers Companies Inc. sued the National Football League and a host of other insurers, seeking to avoid paying to defend the league against a wave of brain injury-related claims by thousands of former players and their families. …
August 8, 2012
Trayvon Martin’s mother is asking for at least $75,000 from the homeowners’ association of the gated community where her teenage son was fatally shot by neighborhood watch volunteer George Zimmerman, court documents show. Sybrina Fulton also has asked for an …
July 19, 2012
Travelers Cos Inc. reported a second-quarter profit on Thursday but missed Wall Street expectations, as the insurer’s catastrophe losses fell from a year before but were still higher than historical norms. Travelers, a Dow Jones industrial average component, also said …
January 24, 2012
Travelers Companies Inc. reported a smaller profit for the fourth quarter, as it released less money from its reserves than a year earlier, though it also reported its biggest rate increases in eight years as the industry returned to pricing …
January 13, 2012
Damaging hailstorms in Australia. Unprecedented tornadoes in the southeastern United States. Constant windstorms in northern Europe. Sound familiar? This year is starting a lot like last year in terms of unexpectedly severe weather, to the consternation of the insurance industry, …