May 18, 2016
If you’re one of those people who think there are enough holidays already, then you may not be happy to hear that National Wine Day is coming up – unless you really like wine, then perhaps an exception is in …
March 6, 2016
Travelers has enhanced its product offering for contractors by combining professional liability and pollution liability coverages. The product now offers additional protection against environmental damage caused by design errors. According to Adrienne Atwell, chief underwriting officer for Travelers Environmental & …
November 19, 2015
The Travelers Companies Inc. announced that Michael Casella has joined the company as senior vice president, International Insurance. Casella will be responsible for furthering efforts to leverage the expertise from the company’s lines of business – personal, business, bond and …
March 11, 2015
The way Valen Analytics President and CEO Dax Craig describes it, Google’s move into insurance with Google Compare for auto insurance is an “all-aboard, wake-up-and-smell-the-coffee” call to the insurance industry. His words were simpler: “Game changer.” The complexity of what …
December 11, 2014
Travelers Cos., the lone property- casualty insurer in the Dow Jones Industrial Average, agreed with a partner to buy a majority stake in a startup surety provider based in Colombia. The joint venture with Brazil’s J. Malucelli Participacoes em Seguros …
October 9, 2014
Insurers flush with capital are rushing to grab part of an expanding cyber coverage market that’s been spurred on by high-profile hackings at JPMorgan Chase & Co. and Home Depot Inc. Sales are set to double this year from about …
September 22, 2014
Citing recent survey results that show widespread unfamiliarity among U.S. businesses with requirements of the Patient Protection and Affordable Care Act (PPACA), Travelers has announced the addition of Healthcare Exchange and Civil Money Penalties coverages to its management liability portfolio. …
May 9, 2014
Project CAP, the organization formed to help local independent agents compete in the digital economy under the Trusted Choice brand, has raised $10 million from two additional carrier investors. The capital from the two new investors brings the total raised …
April 23, 2014
Travelers Companies Inc. reported a 17 percent rise in first-quarter profit, helped by higher underwriting gains and an increase in net investment income. Net income rose to $1.05 billion for the quarter ended March 31, from $896 million a year …
April 14, 2014
Travelers Companies, which acquired Dominion of Canada General Insurance in 2013 and increased its ownership stake in its joint venture in Brazil in 2012, is likely to continue expanding internationally. In his annual letter to shareholders, Travelers CEO Jay Fishman …