Latest Travelers Headlines

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

Weather Claims Erode Travelers Profits

Jul 23 2010 // Weather-related claims of nearly $440 million dragged down profits by 9 percent at Travelers, which reported second quarter net income of $670 million, down from the $740 million the insurer earned in the year-ago...

Jul 19 2010 // Texas AG: Travelers Must Stop Airing Deceptive TV AdTravelers Insurance said it will comply with Texas Attorney General Greg Abbott’s order to stop airing a television advertisement that the AG says is deceptive....

Texas AG Tells Travelers to Stop Airing ‘Deceptive’ TV Ad

Jul 12 2010 // Travelers Insurance has indicated it will comply with Texas Attorney General Greg Abbott’s order to stop airing a television advertisement that the AG says is deceptive.According to the AG’s cease and desist...

Risk Management a Low Priority for Small Business World

Jun 21 2010 // Risk management ranks relatively low on the priorities list for small business owners, according to a recent survey by Travelers. And that outlook could mean trouble down the road when problems arise for those firms, the...

Travelers Adds SolarPak Coverage to Its EnergyPak Products

Jun 10 2010 // According to the National Renewable Energy Laboratory, a fourfold increase in demand for and production of solar photovoltaic (PV) is expected between 2008 and 2012. To help protect its clients who are installing solar...

Best Upgrades Travelers Group Issuer Credit Ratings; Revises Outlook

Jun 9 2010 // A.M. Best Co. has upgraded the issuer credit ratings (ICR) to “aa” from “aa-” of Travelers Group, its P/C members and affiliate, Travelers Casualty and Surety Company of America (TCSA) and...

Risk Management a Low Priority for Small Biz World

Jun 8 2010 // Risk management ranks relatively low on the priorities list for small business owners, according to a recent survey by Travelers. And that outlook could mean trouble down the road when problems arise for those firms, the...

ABI Advises Travelers After Latest Volcano Ash Cloud Disrupts Flights

May 10 2010 // Heightened eruptions from Iceland’s Eyjafjallajokull volcano caused periodic closures of a number of European airports, as flights were cancelled, delayed or rerouted. Transatlantic air traffic between Europe and the...

Making Safety Par for the Course

May 3 2010 // The day of the national golf tournament arrives – the weather balmy, the greens inviting, and the crowds respectfully attentive. Every golf facility manager knows, however, that beneath the smooth exterior of a...

People

May 3 2010 // Heffernan Insurance Brokers headquartered in Walnut Creek, Calif., hired Keith W. Newell as senior vice president, Southern California Construction Practice Leader in its Los Angeles office. Newell will expand...

Travelers Reports Catastrophe Losses Hurt Profits in Q1

Apr 23 2010 // The Travelers Cos. Inc. reported net income for the first quarter 2010 dropped just $15 million, to $647 million in Q1 2010, compared to $662 million in Q1 2009. Operating income in the current quarter declined as well to...

Travelers Construction Develops Product for Tile Contractors

Mar 29 2010 // Travelers Construction Insurance has developed a new IndustryEdge product for tile contractors to help manage the need for additional insurance coverage and related services.The new IndustryEdge products include insurance...

People

Mar 7 2010 // Thomas J. Schaffler has been named president of Lockton Cos. employee benefits practice in Chicago. He joined Lockton more than 10 years ago as executive vice president and producer and serves on the Chicago executive...

People

Mar 7 2010 // The Main Street America Group announced that Steve Peeters, who most recently was president and chief operating officer of Jacksonville, Fla.-based Zurich Insurance Services, has joined The Main Street America Group as...

Travelers Construction Insurance Offers Wrap+ Fidelity and Crime

Feb 18 2010 // Travelers Construction Insurance and Travelers Bond & Financial Products have teamed together to offer the Wrap+ Fidelity and Crime coverage to the construction industry. The policy will help protect construction...

Cunningham to Head Travelers Business Insurance Division

Feb 9 2010 // Travelers has promoted Bill Cunningham to executive vice president of its Business Insurance segment effective March 1.Cunningham began his career with Travelers in 1987 in Commercial Accounts and has held a number of...

Travelers Sees Record Profits

Jan 26 2010 // The Travelers Cos. saw its fourth-quarter profits climb 60 percent, driven largely by investment gains.The insurer posted record net income for the quarter of $1.285 billion and full year net income of $3.622 billion. It...

New Jersey Township Faulted for Denying Private Insurer Contract

Dec 3 2009 // A New Jersey municipality cost taxpayers hundreds of thousands of dollars by awarding an insurance contract to a favored public insurance fund over the low-bid private insurer, a state audit claims.A report released by...

Ratings Roundup: Harbor Point Re, Travelers (UK), Sovag

Nov 4 2009 // Standard & Poor’s Ratings Services has revised its outlook on Bermuda-based reinsurer Harbor Point Re Ltd. and its U.S.-based subsidiary Harbor Point Reinsurance U.S. Inc. to stable from negative. S&P also...

Travelers New Product Targets Medium-Sized Health Care Firms

Nov 3 2009 // Travelers Insurance Co. is targeting a new product toward what it says is a growing market: The insurance needs — other than medical malpractice — of medium-sized health care firms.The new product, which will...