Latest Travelers Headlines

All the headlines from our Travelers Topic Page, ordered by recency.

Carriers Committed to D&O Segment

Mar 10 2014 // Several turbulent years of increased claims, more regulation and additional oversight of directors and officers have not deterred carriers from the directors and officers (D&O) liability segment. As more carriers beef...

Travelers: Strain Is Most Common Workplace Injury in Texas

Mar 10 2014 // The four most common workplace injuries among Texas employers in 2013 were strains, sprains, fractures and contusions, according to a recent analysis of Travelers’ 2013 workers’ compensation claim...

Travelers, InVEST Team Up to Develop Young Professionals

Mar 7 2014 // The Travelers Cos., in partnership with InVEST, a nationwide school-to-career nonprofit program, is helping to improve insurance and financial literacy in students and attract young talent for the insurance...

Travelers Adds Broad Form Plus+ to D&O Liability Portfolio

Feb 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...

Arbella Insurance Taps Travelers Exec as VP of Claims in Mass.

Feb 19 2014 // The Arbella Insurance Group in Quincy, Massachusetts, announced the appointment of Joseph L. Salerno II as vice president of claims.Reporting to Arbella COO Janet Corcoran, Salerno will lead the entire Arbella claims...

Analysts Weigh In on Travelers Earnings, Commercial Lines Pricing Trends

Jan 27 2014 // The Travelers Cos.’ earnings, one of the first major insurance earnings to be reported each quarter, are often closely observed by industry participants as a bellwether for marketplace trends. And the company’s...

More Couples Saying ‘I Do’ to Insurance As Wedding Costs Rise

Jan 23 2014 // With the cost of the average American wedding reaching about $26,000, insurers have been selling a growing number of policies to protect against losses from extreme weather, illness and, in one firm’s case, even a...

Travelers More Than Triples Profit in Q4 on Lower Disaster Losses, Higher Prices

Jan 21 2014 // Travelers Cos., the property/casualty insurer in the Dow Jones Industrial Average, said fourth-quarter profit more than tripled as claims costs from natural disasters fell a year after Superstorm Sandy.Net income rose to...

Travelers Sues British Insurance Company Over Umbrella-Shaped Logo

Dec 5 2013 // The Travelers Companies recently sued London, U.K.-headquartered financial services and insurance company Legal & General Group PLC (L&G Group) and its affiliates over the British company’s use of an...

Business Moves

Nov 18 2013 // R-T Specialty, WestropeChicago-based national wholesale insurance broker R-T Specialty said it has agreed to merge with another wholesale broker Westrope, based in Kansas City, Mo. Terms of the transaction were not...

Travelers Cancels ExlService Outsourcing Contract, Citing Confidentiality Breach

Nov 5 2013 // Travelers Cos., the property insurer in the Dow Jones Industrial Average, ended a contract with ExlService Holdings Inc. after the vendor’s employees violated confidentiality policies.The staff shared a...

Travelers Completes Dominion of Canada Acquisition

Nov 4 2013 // The Travelers Companies, Inc. announced the completion of its acquisition of The Dominion of Canada General Insurance Company from E-L Financial Corporation Limited. The combined organization, which will be referred to as...

Travelers Posts $864M Q3 Profit, Consistent With Prior Year Quarter

Oct 22 2013 // The Travelers Companies Inc. today reported its third-quarter net income of $864 million, unchanged from the same period a year ago. Travelers showed a larger underwriting gain compared to last year, but the results were...

In Hartford, Conn., Landmark Travelers Tower Gets Face-Lift

Oct 14 2013 // A $30 million renovation project is restoring some of the luster to the Travelers tower, a Hartford landmark that once symbolized the city’s reign as America’s insurance capital. The 527-foot-tall tower was New...

Travelers Launches Online Cyber Risk Resources for Business Owners

Oct 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...

Travelers Launching Low Cost, Segmented Product in New Personal Auto Strategy

Sep 20 2013 // The Travelers Companies Inc. is adopting a new strategy to become more price-competitive in personal auto insurance.Travelers’ CEO Jay Fishman explained his company’s personal auto strategy at the Barclays...

The Top Risks Americans Face in Their Everyday Lives: Travelers Index

Sep 17 2013 // Sixty-three percent of Americans believe their world is becoming a riskier place, while only 15 percent feel it is less risky. Americans’ greatest concerns are financial security, loss of privacy and identity theft,...

Insurance Coverage for Discounting the Price of Goods for Sale?

Sep 9 2013 // Modern commercial general liability (CGL) policies provide coverage for personal and advertising injury. This type of coverage is discussed extensively in Practical Tools for Handling Insurance Cases, §§ 13.32-13:53...

Iowa City Settles with Travelers Insurance over Landfill Fire

Sep 6 2013 // Iowa City, Iowa, has reached a $1.85 million insurance settlement over a costly landfill fire last year.The Iowa City Council said during a Sept. 3 meeting that it had come to an agreement with The Travelers Companies for...

Travelers to Exit NFIP’s Write-Your-Own Program

Aug 23 2013 // The Travelers Companies said it plans to discontinue its participation as a Write-Your-Own (WYO) company in the National Flood Insurance Program.Travelers is selling its WYO policy renewal rights interest to American...