All the headlines from our Travelers Topic Page, ordered by recency.
Nov 20 2023 // Challenges facing today’s business leaders include keeping pace with rapid change, the leader of Travelers said in late October while also going out of his way to cast light on a serious obstacle to forward progress:...
Nov 14 2023 // Members of Generation Z who have worked with insurance agents believe they are knowledgeable and help them make better choices. Nevertheless, Gen Z is under-tapped in the independent agent channel and over-indexes on...
Nov 3 2023 // The Travelers Companies today said it has agreed to buy cyber managing general underwriter Corvus Insurance Holdings, Inc. for about $435 million for its middle-market excess and surplus lines presence.“This...
Nov 1 2023 // Challenges facing today’s business leaders include keeping pace with rapid change, the leader of Travelers said last week while also going out of his way to cast light on a serious obstacle to forward progress:...
Oct 18 2023 // Third quarter net income at Travelers Cos. fell 11% compared to the prior-year quarter to $404 million on higher catastrophe losses and unfavorable reserve development.As one of the first insurers to report quarterly...
Oct 18 2023 // Ki, the first fully digital and algorithmically driven Lloyd’s syndicate, announced that Travelers and Aspen will offer additional follow capacity through its digital platform from Jan. 1, 2024.As a result of this...
Aug 31 2023 // The Ninth Circuit Court of Appeals has dismissed lawsuits by 14 businesses seeking insurance coverage from Travelers Insurance for business losses stemming from COVID-19 and the related government shutdown orders.The...
Jul 20 2023 // Travelers Companies Inc. on Thursday reported a 98% fall in quarterly profit, as severe wind and hailstorms in parts of the United States pushed up its catastrophe losses.Core income of the New York-based company, often...
Jul 3 2023 // Changes will be made to the TPC River Highlands after record low scoring during the recent PGA Tour’s Travelers Championship, tournament officials said.Andy Bessette, Travelers’ executive vice president and...
Jun 28 2023 // Travelers must pay a $2 million claim by the owner of a 92-foot-long yacht that was sunk by Hurricane Irma because Florida law does not allow insurers to deny claims based on inconsequential technicalities.A panel of the...
Jun 23 2023 // Nathan Grube, the tournament director of the Travelers Championship, used to worry about the years when the U.S. Open took place on the West Coast.Many of the world’s top golfers would make a decision to take a break...
May 5 2023 // More than a third of workplace injuries occur during employees’ first year on the job, regardless of age or industry experience, according to a new report from Travelers.In fact, an employee’s time spent in a...
Apr 21 2023 // With recent troubles in the banking sector having only minimal impact on his company’s specialty lines results, the chief executive of Travelers devoted a few minutes of an earning conference to describing how...
Apr 19 2023 // First quarter net income at Travelers Cos. fell 4% to $975 million as catastrophes cost the insurer a total of about $535 million during the first three months of the year.Catastrophe losses, coupled with a $48 million...
Apr 11 2023 // Travelers Names Duncan President of Northfield Excess & SurplusTravelers has named Marsh Duncan its new president of Northfield Excess & Surplus, a specialty division. Marsh will oversee Northfield’s current...
Jan 24 2023 // Travelers Cos. this morning reported fourth quarter net income of $819 million, a decrease of about 39% from $1.3 billion a year ago during the same time.The insurer’s Q4 combined ratio increased 6.5 points to 94.5...
Jan 17 2023 // Travelers Companies today released an estimate of $459 million in pre-tax catastrophe losses during the fourth quarter, and expects to report net income of $819 million for the last three months of 2022.Travelers said...
Oct 20 2022 // Alan Schnitzer, chairman and CEO of The Travelers Companies, has been elected chair of the board of directors of the American Property Casualty Insurance Association (APCIA).Dino E. Robusto, chairman and CEO of CNA...
Oct 19 2022 // Third quarter net income at Travelers Companies dropped 31%, compared with the same period a year ago, to $454 million.The P/C insurer said net income fell due to lower core income – $526 million compared with $655...
Oct 17 2022 // Cyber threats are the top concern for business decision-makers for the third time in four years, according to the 2022 Travelers Risk Index.Cyber threats were a top concern by 59% for respondents, followed by broad...