Travelers Q3 Net Income Down 11% on Catastrophe Losses, Reserve Development October 18, 2023 By Chad Hemenway Third quarter net income at Travelers Cos. fell 11% compared to the prior-year quarter to $404 million on higher catastrophe...
Businesses Unprepared for Cyberattacks Despite Steady Concern September 27, 2023 Cyber risks remain a top concern for business leaders, according to the annual Travelers Risk Index. The top concerns among...
Appeals Court Dismisses 14 COVID Business Insurance Claims Against Travelers August 31, 2023 The Ninth Circuit Court of Appeals has dismissed lawsuits by 14 businesses seeking insurance coverage from Travelers Insurance for business...
34% of Workplace Injuries Occur in First Year on the Job: Travelers May 5, 2023 More than a third of workplace injuries occur during employees’ first year on the job, regardless of age or industry...
Distracted Driving: A Fatal Problem with Seemingly Simple Solutions April 26, 2023 By Jahna Jacobson In 2021, distracted driving killed 3,522 people. April is Distracted Driving Awareness Month, and statistics show that distracted driving has...
No Such Thing as a ‘Run on the Bank’ In Insurance Biz: Travelers CEO April 21, 2023 By Susanne Sclafane With recent troubles in the banking sector having only minimal impact on his company’s specialty lines results, the chief executive...
People Moves: Travelers Names Duncan President of Northfield; Kapoor SVP at NFP; Starr Insurance Hires Shannon Sr. Investment Officer April 11, 2023 By Jahna Jacobson Travelers Names Duncan President of Northfield Excess & Surplus Travelers has named Marsh Duncan its new president of Northfield Excess...
Texas Auto, Homeowners Premiums Grew Double Digits in 2022, Report Shows April 4, 2023 By Ezra Amacher The Texas market for auto and homeowners insurance grew double digits in 2022, according to an annual report put out...
Climate Activists Tell Insurance CEOs to Stop Covering Carbon Projects ‘Immediately’ March 28, 2023 A group of climate activists has called on 30 insurance company bosses to “immediately” stop underwriting new fossil fuel projects...
Psychosocial Barriers Not Uncommon in Workers’ Comp Recoveries November 16, 2022 By Allen Laman Workers returning to work after an injury can face various obstacles depending on the nature of their injury and the...