All the headlines from our Travelers Topic Page, ordered by recency.
May 30 2002 // Standard & Poor’s affirmed its single-‘A’-minus counterparty credit and senior debt ratings on Travelers Property Casualty Corp. (Travelers) and its double-‘A’-minus counterparty credit...
May 23 2002 // Orlando—The 2002 ACORD Conference “Real World Solutions” wrapped up May 21 with a host of companies and individuals taking home awards for their performances over the last year in the industry. Among the...
May 22 2002 // Travelers unveiled two advancements for real-time transactions based on the ACORD XML standard. The company announced that it is in production with a real-time single-entry, multiple-company interface (SEMCI) capability...
May 20 2002 // Travelers independent agents now have a new, faster and easier way to access policyholder billing information for automobile and home insurance customers. The company has launched an online capability that enables...
May 16 2002 // Travelers’ Property Casualty has finished its second phase in offering information on workers’ compensation directly to injured workers—via the Internet at www.mywcinfo.com. With its introduction last...
May 15 2002 // PPG Industries $2.7 billion settlement of outstanding asbestos claims will cost the company around $500 million after tax, with more than 30 insurance companies eventually picking up the tab for the remaining $2.2...
May 13 2002 // Frank J. Tasco, Leslie B. Disharoon and Kenneth J. Bialkin have joined the Travelers Property Casualty Board of Directors. The new directors have agreed to serve until Citigroup completes its previously announced tax-free...
May 13 2002 // Agents have faced the problem ever since insurance companies first introduced applications. Each company had its own form, so the agent who wanted to submit the same account to several underwriters had to write the same...
May 13 2002 // Agents have faced the problem ever since insurance companies first introduced applications. Each company had its own form, so the agent who wanted to submit the same account to several underwriters had to write the same...
Mar 28 2002 // Travelers’ Property Casualty Corp. announced the $5 billion earnings as a result of its record-breaking IPO and bond sales offered last week, the largest of any U.S. insurer, according to Reuters Securities.The...
Mar 25 2002 // Travelers Property Casualty Corp. made a solid debut on the trading floor of the New York Stock Exchange Friday, March 22, as shares were traded at $19.54, an increase of 5.6 percent from their initial offering price,...
Mar 15 2002 // Fitch has assigned an ‘A’ rating to Travelers Property Casualty Corp.’s (TAP) proposed issuance of $850 million convertible junior subordinated notes due 2032. The Rating Outlook is Stable. As part of its...
Mar 6 2002 // Travelers Property Casualty Corp., a subsidiary of Citigroup, Inc., is attempting to raise up to $4 billion in an initial public offering, possibly to become the largest U.S. insurance offering on record, according to...
Feb 12 2002 // According to Reuters, Travelers Property Casualty Corp., the car, home and business insurance unit of Citigroup Inc. has filed details of its initial public offering, thought to be the largest ever in the U.S. insurance...
Jan 14 2002 // Standard & Poor’s lowered its senior debt and preferred stock ratings on Travelers Property Casualty Corp. from “A+” and “A-” to “A” and “BBB,” respectively. At...
Jan 14 2002 // Standard & Poor’s lowered its senior debt and preferred stock ratings on Travelers Property Casualty Corp. from “A+” and “A-” to “A-“and “BBB,” respectively. At...
Jan 3 2002 // World Trade Center leaseholder Larry Silverstein is pursuing the legal battle regarding property claims resulting from the Sept. 11 terrorist attack on the twin towers. World Trade Center Properties LLC, an affiliate of...
Dec 20 2001 // Standard & Poor’s lowered its senior debt and preferred stock ratings on Travelers Property Casualty Corp. to “A-” and “BBB”, respectively, from “A+” and “A-.” At...
Nov 2 2001 // Underwriters at Lloyd’s of London and London Market insurance companies won an important reinsurance case recently when the New York Court of Appeals ruled that Travelers Casualty & Surety Company could not...
Oct 15 2001 // The St. Paul Companies announced that Jay Fishman, chairman and CEO of Travelers Insurance Group Inc. and COO/finance and risk of Travelers’ parent, Citigroup Inc., has been named to succeed Douglas Leatherdale as...