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...
Intensifying Storms Are Fueling a Record $17 Billion Bond Barrage September 29, 2022 By Scott Carpenter Bonds sold to help US utilities recoup losses from natural disasters are seeing an unprecedented boom, with the latest burst...
Markets/Coverages: Travelers, Google Cloud to Build Data System to Underwrite Commercial Risk September 22, 2022 Google Cloud and The Travelers Companies said they are working together to create a cloud-based data ecosystem that will help...
Travelers, Policyholder Agree to Void Current Cyber Policy August 30, 2022 By Chad Hemenway Travelers and policyholder International Control Services (ICS) jointly filed a stipulation to have a federal court rescind an active cyber...
Boy Scouts Must Change $2.7 Billion Sex Abuse Fund, Judge Rules August 1, 2022 By Steven Church The Boy Scouts of America must adjust their plan to create the biggest sexual abuse compensation fund in the U.S....
Travelers’ Income Drops, but Still Beats Profit Estimates on Record Premium Growth July 22, 2022 Insurer Travelers Cos. Inc. reported a smaller-than-expected fall in quarterly profit on Thursday, as record premium growth cushioned a hit...