Latest Travelers Headlines

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

Travelers, St. Paul Announce Mega Merger

Dec 1 2003 // In the wake of the “Terminator” taking the helm as California’s new governor, Travelers Property Casualty Corp. and The St. Paul Companies Inc. announced plans to merge, forming the nation’s second...

St. Paul’s Debt on Watch Positive

Dec 1 2003 // Following the recently announced merger plans of The St. Paul Companies Inc. (SPC) and Travelers Property Casualty Corp., Fitch Ratings placed its “BBB+” long-term senior debt and “F2” commercial...

Analysts Weigh Travelers Deal, Other Issues

Dec 1 2003 // It’s “inevitable” that the advanced merger discussions between Travelers Property Casualty Corp. and St. Paul Companies succeed, according to one industry analyst. Though most insurance industry...

Travelers, St. Paul Announce Mega Merger Valued at $16.4 Billion

Dec 1 2003 // In the wake of the “Terminator” taking the helm as California’s new governor, Travelers Property Casualty Corp. and The St. Paul Companies Inc. announced plans to merge forming the nation’s second...

Fitch Places Travelers on Rating Watch Negative Following Merger Notification

Nov 19 2003 // Fitch Ratings has placed the ‘AA’ Insurer Financial Strength (IFS) ratings of the members of the Travelers Property Casualty Group (Travelers) and the ‘A’ senior debt and long-term issuer ratings of...

Fitch Places St. Paul’s Debt on Rating Watch Positive

Nov 18 2003 // Fitch Ratings has placed its ‘BBB+’ long-term senior debt and ‘F2’ commercial paper ratings of The St. Paul Companies, Inc. (SPC) on Rating Watch Positive. This follows Monday’s announcement...

Travelers Unveils Exclusive ‘My Personal Info’ Software Program for Policyholders

Oct 31 2003 // Travelers Property Casualty Corp. announced it will offer its agents a new custom software program called My Personal Info. The new system guides policyholders through the process of collecting, organizing, recording and...

N.C. DOI Investigators Arrest Claims Rep Accused of Defrauding Travelers Insurance Co.

Oct 21 2003 // North Carolina Insurance Commissioner Jim Long announced the arrest of Deborah Flint Gilliam, a claims representative with Travelers Insurance Company accused of cheating and defrauding the company of $2,500, with the...

Travelers P/C Q3 Net Income Rises 28 Percent

Oct 17 2003 // Travelers Property Casualty Corp. today reported a 28 percent increase in net income for the third quarter to $426.1 million, or $0.42 per share diluted ($0.43 basic), from $332.3 million or $0.33 per share, basic and...

Travelers Implements Automated Sign-On to Web Site for AMS System Users

Oct 9 2003 // Travelers Property Casualty Corp. reported that it is one of the first carriers to participate with AMS Services, Inc. in the implementation of Carrier Passport, an expansion of TransactNOW that provides automated sign-on...

Travelers Property Casualty Unveils ‘Hidden Hazards’ Fire Safety Education Program

Oct 6 2003 // Travelers Property Casualty Corp. will sponsor a public television documentary on fire safety, which will premiere in November on Connecticut Public Television and be available to other stations across the country next...

Travelers Estimates $75 Million Loss from Hurricane Isabel

Oct 3 2003 // Travelers Property Casualty Corp. announced that its preliminary estimate for catastrophe losses resulting from Hurricane Isabel is approximately $75 million, after reinsurance and tax, based on approximately 33,000 claims...

Court Rules Against Silverstein WTC Claim, Orders Jury Trial

Sep 29 2003 // John M. Walker, Jr., Chief Judge of the U.S. Court of Appeals for the Second Circuit, has issued a ruling denying Silverstein Properties’ motion for summary judgment in its battle with Swiss Re, Travelers and other...

Travelers Inks Deal for Most of Atlantic Mutual’s Marine Biz

Sep 29 2003 // Travelers Property Casualty Corp. has signed a definitive agreement to purchase renewal rights to the majority of Atlantic Mutual’s commercial lines inland marine and ocean cargo businesses written by Atlantic...

Travelers Unchanged

Sep 22 2003 // A.M. Best Co. commented that the financial strength ratings of “A++” (superior) of Travelers Property Casualty Pool, the “aa-” senior debt and “a+” subordinated debt ratings of Travelers...

Travelers Receives Awards for Achievements in Technology

Sep 15 2003 // Travelers Property Casualty received two achievement awards for its leadership position in the implementation of interface technology at the Applied Systems Client Network (ASCnet) annual conference in New Orleans last...

Travelers P/C Adds Real-Time Billing Inquiry and On-Line Policy Summary for Personal Lines

Sep 12 2003 // Travelers Property Casualty announced that PL Policy Summary and Billing Inquiry are now available to independent agents for Travelers personal lines insurance policies. These new e-services are accessed directly through...

Travelers Buys Renewal Rights To Comm. and Pers. Lines Businesses of R&SA

Sep 5 2003 // Travelers Property Casualty Corp. announced that it has purchased the renewal rights to Royal & SunAlliance USA’s commercial lines national accounts, middle market and marine businesses, and standard and...

R&SA Confirms 1st Half Profit Increase, Rights Issue; Sells Some U.S. Renewal Rights to Travelers

Sep 4 2003 // The U.K.’s Royal & Sun Alliance confirmed a 14.25 percent increase in net group profits for the first half of 2003 – £351 million ($556 million), compared to £301 million ($477 million) in 1st half 2002....

Travelers Bond Enhances Fiduciary Liability PLUS+ Policy

Aug 21 2003 // Travelers Bond, a division of Travelers Property Casualty Corp., has extended its fiduciary liability policies to provide a sublimit of coverage for civil fines and penalties assessed under the Health Insurance Portability...