February 25, 2014
Travelers has added Broad Form Plus+ to its portfolio of directors and officers (D&O) coverages as a way to protect against concerns above and beyond corporate liabilities. While many companies typically provide protection to their directors and officers for defense …
December 16, 2013
Based on third quarter reports, GEICO Corp. has surpassed Allstate Corp. to become the nation’s second-largest private auto insurer. According to data compiled by SNL, GEICO logged $4.89 billion in direct premiums written during the third quarter of 2013, while …
October 7, 2013
Travelers has introduced a suite of online resources to help business owners navigate the growing threat of cyber risks while also protecting their assets and their customers’ information. The launch of the new resources coincides with the start of National …
August 1, 2013
August is the most dangerous month of the year when it comes to on-theājob injuries, according to an analysis of claims data in Texas from the past two years by Travelers Companies Inc. Texas employers filed more workers’ compensation claims …
June 18, 2013
The Travelers Companies’ decision to acquire Dominion of Canada General Insurance, a unit of E-L Financial Corp., for $1.1 billion makes strategic sense, according to analysts. The acquisition now allows Travelers to quickly build up economies of scale for its …
June 12, 2013
Companies have for some time been diversifying, and sometimes curbing, their appetite for multimillion-dollar sports sponsorships, so an enterprising insurance company president saw that trend as an opportunity to get his company’s name out there in a big way. Encompass …
June 10, 2013
The Travelers Companies Inc. said it has agreed to acquire The Dominion of Canada General Insurance Co. from E-L Financial Corp. Limited for approximately $1.1 billion in cash with an eye on expanding its commercial lines business in particular. The …
June 3, 2013
Travelers has enhanced its public entity management liability (PEML) policy that provides limited special expenses coverage reimbursement related to the replacement of key employees in the event of a death or medically confirmed situation that results in their resignation or …
May 20, 2013
Iowa City, Iowa, officials say their insurance claim over a costly landfill fire last year remains in dispute, and it may force legal action. The Travelers Companies claims the landfill cell that burned for 15 days last May was not …
February 27, 2013
PCG Agencies Inc., a personal property/casualty insurance and risk management firm headquartered in St. Paul, Minn., has been named Travelers’ Midwest Personal Insurance Agency of the Year. PCG Agencies was chosen for this award out of a field of more …