All the headlines from our Travelers Topic Page, ordered by recency.
Oct 21 2014 // The Travelers Companies Inc. today reported net income of $919 million for the quarter ended Sept. 30, 2014, up more than six percent compared to net income of $864 million in the prior year quarter.Operating income in the...
Sep 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...
Sep 3 2014 // An affiliate of Principal Financial Group Inc. bought a 49 percent stake in 77 Water St., a lower Manhattan office tower in New York City, from fellow insurer Travelers Cos. for $117.6 million.The interest in the 26-story...
Aug 28 2014 // Travelers Companies Inc.’s U.S. Fidelity & Guaranty doesn’t have to pay a $30 million judgment in a trademark infringement case against one of its insureds.The insurance company filed suit in federal court...
Jul 22 2014 // Property and casualty insurer Travelers Cos. Inc.’s quarterly earnings fell short of analysts’ estimates as hail and wind storms in the United States increased catastrophe losses.The company, a Dow Jones...
Jul 22 2014 // A federal appeals court on Tuesday ordered Travelers Cos. Inc. to pay more than $500 million to satisfy asbestos-related claims stemming from the insurer’s coverage of insulation maker Johns-Manville Corp., a...
Jul 7 2014 // The last phase of previously announced job cuts at The Travelers Companies’ Syracuse, N.Y., office will begin in September. The company’s Worker Adjustment and Retraining Notification (WARN) Act notice, filed...
Jul 7 2014 // American International Group (AIG) has named Peter D. Hancock as president and chief executive officer, effective Sept. 1. Hancock, who currently serves as executive vice president, AIG, and chief executive officer of AIG...
Jun 19 2014 // The last phase of previously announced job cuts at The Travelers Companies’ Syracuse, N.Y., office will begin in September.The company’s Worker Adjustment and Retraining Notification (WARN) Act notice —...
Jun 17 2014 // Fireman’s Fund Insurance Co. has appointed Walter Grote to the position of commercial insurance field executive.In this national role, Grote will lead Fireman’s Fund Commercial Insurance operations, including...
Jun 10 2014 // The Travelers Companies,Inc. has promoted Alan Schnitzer to vice chairman and chief executive officer of Business and International Insurance and promoted Doreen Spadorcia to vice chairman and chief executive officer of...
Jun 9 2014 // Travelers Cos. Chief Executive Officer Jay Fishman highlighted the insurer’s history of posting better returns than banks and other large financial companies amid a period of increased Wall Street...
Jun 4 2014 // The Inland Marine Underwriters Association (IMUA) elected officers and board members at its annual meeting in Austin, Tex.Michelle Hoehn, The Travelers Group, was inaugurated as IMUA’s new chairperson replacing Peter...
May 27 2014 // Two men wrongfully accused in a 2006 double murder are going after Douglas County’s liability insurance carrier to recoup a multimillion-dollar judgment against the county’s former crime lab chief.Attorneys for...
May 27 2014 // A.M. Best has upgraded the financial strength rating (FSR) to ‘A++’ (Superior) from ‘A+’ (Superior) and the issuer credit ratings (ICR) to “aa+” from “aa” of the...
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...
Apr 29 2014 // Travelers has released a Nielsen Research survey that offers insight into U.S. employers’ familiarity with and preparedness for the implementation of the Patient Protection and Affordable Care Act (PPACA). The...
Apr 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,...
Apr 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...
Mar 24 2014 // Compared to some previous years, there were not a lot of mergers in the property/casualty carrier space in 2013 but there were some interesting ones.Major carrier transactions included specialty insurer Markel’s...