Latest Travelers Headlines

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

Travelers’ Earnings Fall; Premiums Up Slightly; Combined Ratio at 90.6%

May 1 2009 // The Travelers Companies, Inc. net income for the first quarter of 2009 fell more than 30 percent to $662 million, for the quarter ended March 31, 2009, compared to $967 million, for the quarter ended March 31, 2008....

Insurers, Environmental Advocates Urge Changes to Protect U.S. Coastlines

Apr 23 2009 // A coalition of insurers, public officials, risk experts, builders and conservation groups introduced a blueprint of policy changes and common sense actions that could reduce economic losses from future storms and rising...

Tracy to Head Travelers Inland Marine Unit

Apr 17 2009 // Joseph Tracy has been named president of Travelers Inland Marine business unit. Tracy, who joined Travelers in 2006, most recently served as chief underwriting officer for the Inland Marine business unit. Prior to joining...

Travelers Agribusiness Introduces New Automated System for Agents

Mar 25 2009 // Travelers launched a new automated system that allows agents to rate, quote and issue policies electronically and more efficiently for agribusiness insurance.The new interface — Travelers Agribusiness System (TAgS)...

Travelers Broadens Coverage for Private/Mutual Insurers

Feb 19 2009 // As mounting economic uncertainty leads to new and increasingly complex business challenges for executives, Travelers Bond & Financial Products has unveiled new program enhancements and a Private/Mutual Insurance...

Travelers Insurance Gives $1.4 Million to St. Paul Schools

Jan 30 2009 // The St. Paul school district is getting $1.4 million from the Travelers Cos., and school officials are hailing the gift as a corporate model.The money is for college-readiness for students and leadership training for...

Travelers Reports Solid Q4, Year-End Underwriting; ‘Well Positioned’ for 2009

Jan 27 2009 // The Travelers Companies, Inc. reported net income of $801 million for the quarter ended Dec. 31, 2008, compared to $1.063 billion, for the quarter ended Dec. 31, 2007. Operating income in the current quarter was $939...

Travelers Redesigns Design Professionals’ Insurance Product

Dec 18 2008 // Travelers is now offering IndustryEdge, an insurance product for architects and engineers with expanded liability insurance features.Travelers Commercial Accounts partnered across business units with architect and...

Supreme Court to Hear $500M Asbestos Case Against Travelers

Dec 16 2008 // The Supreme Court has agreed to consider reinstating a roughly $500 million settlement of asbestos-related lawsuits against the Travelers Companies Inc.The settlement would also block any new lawsuits against Travelers...

Ratings: Travelers (UK), Bison, Dubai Islamic, Milli Re, Hang Seng, LIG

Nov 19 2008 // A.M. Best Co. has affirmed the financial strength rating of ‘A’ (Excellent) and issuer credit rating (ICR) of “a+” of UK-based Travelers Insurance Company Limited (TIC). The outlook for both ratings...

Travelers Launches New Professional Liability Coverage Program

Nov 12 2008 // Travelers said it has introduced a new, modular professional liability product, 1st Choice+, geared toward accounting, design, legal and real estate professionals.The product offers errors and omissions coverage in one...

Travelers Fined $50K for Payments to Unlicensed New York Agency

Nov 5 2008 // New York regulators have fined five units of The Travelers Cos. Inc. a combined $50,000 for paying commissions to an unlicensed insurance agency in New York.The fines were paid as part of a legal stipulation signed last...

Travelers Introduces Hybrid Boat and Yacht Insurance Discount

Nov 3 2008 // Travelers Insurance recently announced that it is now offering a new product for hybrid boats and yachts.According to the Travelers release, the marine industry has responded to consumer demands for efficiency with new...

Travelers, Chubb Protest U.S. Aid for Insurers; Life Insurers Welcome Help

Oct 28 2008 // Property/casualty insurers Travelers Cos. Inc. and Chubb Corp. said they do not need federal financial assistance and chided other insurers pushing to be included in the $700 billion bailout.“Most companies in the...

Travelers Takes Q3 Hit from Hurricanes

Oct 22 2008 // Travelers Cos. Inc.’s net income dropped to $214 million for the third quarter, down from $1.2 billion for the same period last year, as the company absorbed losses from Hurricanes Ike, Gustav and Dolly.The...

Travelers Soothes Investors; Cites Opportunities in AIG Debacle

Oct 22 2008 // Large property insurer Travelers Cos. Inc. said some potential business opportunities have arisen from the troubles at its rival American International Group Inc., and that the rates it can charge for insurance may also...

Is ID Theft Insurance Worth Recommending to Agency Clients?

Oct 9 2008 // A client concerned about identity theft might consider moving to the Dakotas.It’s best to stay away, however, from Arizona, California, Nevada, Texas, Florida and New York. All of these states reported that more than...

Travelers Aviation Adds New Coverages, Risk Control Services

Oct 7 2008 // As the use of corporate and general aviation aircraft increases, Travelers (NYSE: TRV) Aviation is expanding its insurance products and services with new aviation coverage offerings including non-owned aircraft liability...

Competitors Offer to Fill the Gaps

Oct 6 2008 // There have been some subtle and not-so-subtle moves by competitors in reaction to AIG’s troubles.Navigators Pro increased its capacity for directors and officers (D&O) liability insurance, citing the...

ID Theft Insurance: Oasis or Mirage?

Oct 6 2008 // A client concerned about identity theft might consider moving to the Dakotas. It’s best to stay away, however, from Arizona, California, Nevada, Texas, Florida and New York. All of these states reported that more...