Latest Travelers Headlines

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

Small Business Owners Concerned Over Taxes, Healthcare Issues

May 4 2011 // Tax-related regulations and concerns over health care burden many small business owners today.Nearly two out of three business owners believe that tax-related regulations are too burdensome, while 51 percent find health...

Bragging About an Agent’s Book of Business May Create a Greater Legal Duty of Care

May 2 2011 // It has often been said that every attorney has a little larceny in his heart. In similar fashion, it could be said that every insurance agent has a little puffery in his heart regarding his book of business, background and...

Travelers Profits Up

Apr 21 2011 // Improved pricing and a drop in catastrophe losses boosted Travelers profits 30 percent in the first quarter, as it beat Wall Street’s expectations and offered some evidence of a turn in the soft market.Net profit for...

Genden Appointed CEO of Travelers Europe

Apr 18 2011 // The Travelers Companies announced that Sean Genden has been named CEO of Travelers Europe, charged with supporting its “strategic and growth initiatives in the European property and casualty market.”He...

Travelers Introduces Crisis Management Expenses Endorsement

Apr 5 2011 // Travelers has introduced a new crisis management expenses endorsement for commercial umbrella policies to help mitigate the negative publicity generated by a crisis event. The Travelers endorsement has an aggregate limit...

Travelers Sees Insurance Business Improving

Jan 25 2011 // Travelers Companies Inc. posted a higher-than-expected quarterly profit and the largest publicly traded U.S. property insurer said there were early signs businesses were finally willing to spend more on insurance.Despite...

Travelers Ordered to Pay $445M for Asbestos Settlements

Dec 17 2010 // A bankruptcy court judge has ordered Travelers to pay at least $445 million into claims funds set up by a 2004 asbestos settlement.The funds were set up to resolve a number claims brought in state courts over asbestos...

Travelers Expands IndustryEdge Offering for Equipment Dealers

Dec 6 2010 // Travelers has introduced IndustryEdge for Equipment Dealers that provides custom-designed coverage to help protect against the unique risks and exposures in the equipment distribution industry.Available through...

Travelers Enhances Identity Fraud Protection Coverage

Nov 3 2010 // Travelers has updated its Identity Fraud product to offer more protection against the most frequent problems identity fraud victims experience. The insurance product upgrades come at a time when the number of identity...

Analysts Watching How Insurers Handle Low Interest Rates, Pricing

Oct 26 2010 // Insurers are under growing pressure from two fronts, each of which promises to be a key focus in earnings reports the next two weeks — depressed interest rates that could dampen investment income in coming years and...

Travelers Reports Increase in Net Income, Drop in Operating Income for Q3

Oct 21 2010 // The Travelers Companies Inc. has reported net income of $1.005 billion, or $2.11 per diluted share, for the quarter ended Sept. 30, 2010, compared to $935 million, or $1.65 per diluted share, for the same quarter in...

Travelers Implements New Trucking Form in Response to CSA 2010

Oct 20 2010 // In 2011, the Federal Motor Carrier Safety Administration (FMCSA) will fully implement its new program, Comprehensive Safety Analysis 2010 (CSA 2010). Travelers is helping its trucking industry customers prepare for the...

Ratings Roundup: Travelers (UK), Tenet, Allianz (France)

Oct 19 2010 // A.M. Best Europe – Rating Services Limited has affirmed the financial strength rating of ‘A (Excellent) and issuer credit rating (ICR) of “a+” of UK-based Travelers Insurance Company Limited (TICL),...

Travelers Finds Water Damage Ten Times More Likely Than Fire

Sep 17 2010 // While fire may be a common worry among homeowners, claims data from Travelers suggests their homes could be as much as 10 times more likely to be damaged by water than by fire.Fortunately, much of this water-related damage...

Iowa Supreme Court Affirms Ruling in Firefighter Workers’ Comp Case

Sep 6 2010 // The Iowa Supreme Court in mid-August affirmed a district court ruling that found a volunteer firefighter must be summoned to duty only through official channels and not by circumstances. The ruling came in a workers’...

Travelers to Offer Defense Outside the Limits for Non-Profits

Sep 1 2010 // Travelers is now offering defense outside the limits for policyholders of the Wrap+ directors and officers (D&O) and employment practices liability (EPL) suite of coverages for non-profit organizations. D&O and EPL...

Travelers Wins $262M Asbestos Reinsurance Judgment

Aug 25 2010 // Travelers Insurance has won a $262 million judgment against a group of reinsurers that refused to pay a portion of a nearly $1 billion settlement in asbestos claims the insurer paid in 2002.The award by a New York Supreme...

Stolen Wallets, IDs Most Common Causes of ID Fraud

Aug 24 2010 // Victims of identity theft are most often targeted via burglary, stolen wallets and pilfered identifications, according to a new survey on identity fraud.In some 76 percent of all cases of identity fraud reported by...

Travelers Introduces Liability Package for Medical Technology

Aug 16 2010 // The evolution of software and electronics for medical devices and the transferring of electronic personal identity records is creating a new combination of risks in the medical technology industry. To address these risks,...

Travelers Introduces New Suite of Management Liability Products

Aug 10 2010 // Travelers has launched two new management liability product suites that offer agents and customers the ability to streamline and customize coverage through a modular policy with common language, terms and conditions. These...