Latest Travelers Headlines

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

3rd Circuit: Policy to Limit Extended Transportation Expenses May be Bad Faith

Aug 15 2019 // Kyle and Marie Stechert say they rushed to buy another car after their vehicle was “totaled” in an accident because their insurance carrier refused to keep paying for their rental vehicle.The new car was twice...

Travelers Profit Up 6.3% in Q2 on Lower Catastrophe Losses, Higher Investments

Jul 23 2019 // The Travelers Companies managed to boost its net income to $557 million for the second quarter, six percent more than the $524 million in the prior year quarter.The insurer reported lower catastrophe losses and higher net...

Travelers Beefing Up Wildfire Protection After 2018 California Blazes

Jun 14 2019 // Travelers Cos. is strengthening its wildfire-defense efforts after deadly blazes swept through California last year.The insurer is adding a service to all of its California home and landlord policies, helping customers...

Travelers’ Close to Lead Valent Group’s Alabama P&C Brokerage, Service Dept.

Apr 22 2019 // Valent Group, the risk consulting and insurance division of EBSCO Industries (EBSCO), has hired Kurt Close to lead its Birmingham, Ala.-based property and casualty broking and service departments.Close comes to Valent...

Lower Catastrophe Losses Help Boost Q1 Profit for Travelers

Apr 21 2019 // Insurer Travelers Companies Inc.’s quarterly profit beat analysts’ estimates on Thursday, as improved underwriting and lower catastrophe losses offset a decline in net investment income, sending its shares to a...

Distracted Driving Habit Is Proving Tough for Americans to Break

Mar 28 2019 // Nearly eight in 10 consumers talk on the phone while driving and more than 30 percent admit to having been in a near-miss crash because they were distracted.Also, although distracted driving poses potential liability risks...

Travelers Canada Expands Suite of Services Offered to Specialty Insurance Customers

Mar 6 2019 // Travelers Canada, the Canadian arm of The Travelers Cos. Inc., is offering a new suite of services for specialty insurance customers that come packaged with their insurance policy.Human resources, legal and emotional...

Travelers: Over 70% of Minneapolis-Area Drivers Surveyed Use Phones While Driving

Feb 27 2019 // A recently commissioned survey of 503 Minneapolis-area drivers by The Travelers Companies Inc. found that 71 percent of respondents use a mobile device while driving, with 84 percent of millennials, 72 percent of Gen Xers...

Travelers Expands Wedding Protector Plan to Include Jewelry Insurance

Feb 19 2019 // The Travelers Companies, Inc. has expanded its Wedding Protector Plan insurance offering to include separate fine jewelry insurance policies with coverage limits of up to $100,000. Typical homeowners insurance policies...

Travelers to Provide Auto Insurance for Lexus Complete Lease Program

Feb 15 2019 // The Travelers Companies, Inc. will be the auto insurance provider for the new Lexus Complete Lease, a two-year, 20,000-mile lease program for the Lexus UX compact crossover vehicle. The full-service leasing option bundles...

Travelers Europe to Form Dublin Insurance Subsidiary Ahead of Brexit

Jan 30 2019 // Travelers Europe announced it has been granted a license by the Central Bank of Ireland to form a wholly owned insurance subsidiary in the Republic of Ireland.Based in Dublin, Travelers Insurance Designated Activity Co....

Travelers Partners with ASQ Underwriting on Transactional Risk Insurance

Jan 23 2019 // The Travelers Companies, Inc. has partnered with ASQ Underwriting, a managing general underwriter, to offer transactional risk insurance in the United States, as strategic and private equity investors increasingly turn to...

California’s Massive Wildfires Push Travelers to Seek Higher Premiums

Jan 22 2019 // California’s deadly wildfires are raising the specter of higher insurance premiums for homeowners in the state.After “two significant years in a row of losses, I think the discussion and the debate about the...

Travelers Grew Q4 Profit Despite California Wildfire, Hurricane Michael Losses

Jan 22 2019 // Travelers Cos. reported that despite catastrophe losses from the California wildfires and Hurricane Michael, it boosted its profit in the fourth quarter of 2018 thanks to growth in premiums and investment income.Net income...

Digital Briefs

Jan 7 2019 // Travelers Eyes WearablesThe Travelers Companies has partnered with contractor company Gilbane, and Triax Technologies, a provider of Internet of Things (IoT) construction technology, to explore the potential safety...

Declarations

Jan 7 2019 // Caution Advised“I encourage New Yorkers to exercise caution when disclosing sensitive personal information.” — New York Attorney General Barbara D. Underwood warned in a press release announcing that a...

How Big Tech Flirted with Insurance in 2018

Jan 2 2019 // The almost weekly headlines about insurers and venture capitalists investing in insurtechs and tech-savvy insurance startups sometimes blocked the view of what established big technology firms were doing in...

Travelers Establishes Program to Help with Connecticut Crumbling Foundations

Dec 10 2018 // The Travelers Companies Inc. has established the Travelers Benefit Program, a $5 million fund to assist customers in repairing homes with crumbling foundations in northeast Connecticut. The matter stems from concrete...

How Insurer Deployed Technology to Expedite Wildfire Claims

Nov 29 2018 // As wildfires raged this month in California, insurance claims experts at Travelers sat in a command center 3,000 miles (4,828 kilometers) away in Connecticut, monitoring screens showing satellite images, photos from...

Court: Travelers Insurer Off the Hook in Florida Hotel Chain Data Breach Suit

Nov 21 2018 // A U.S District Court in Florida’s ruling could have wide-reaching effects with respect to an insurer’s duty to defend commercial general liability policyholders in data breach cases resulting from the acts of...