All the headlines from our Travelers Topic Page, ordered by recency.
Aug 7 2017 // The Travelers Cos. has completed its previously announced acquisition of Simply Business, a provider of small business insurance cover in the United Kingdom, which offers products online on behalf of a broad panel of...
Aug 3 2017 // The Travelers Companies’ CEO Alan Schnitzer has added the title of “chairman” to his nameplate, ending a management structure put in place after the company’s former leader, Jay Fishman, died of Lou...
Jul 20 2017 // Small business insurance leader Travelers Companies is well-positioned to continue to compete in the small commercial insurance space that is attracting new entries including technology-driven start-ups, according to CEO...
Jul 18 2017 // The Travelers Companies, Inc. has launched IntelliDrive smartphone app, which gives customers insights into their driving habits and auto insurance priced according to how they drive.Customers who use the app and drive...
Jul 12 2017 // Specialty insurer Hiscox USA announced two senior executive appointments to its Professional Risks division.Joseph Reynolds has been appointed vice president, Architects and Engineers (A&E) product head, and Thomas Rea...
Jun 19 2017 // Travelers Insurance Co. Ltd. in the UK has launched a new online system that enables UK brokers to receive management liability quotes and bind coverage for their clients in a matter of minutes.Accessed through the My...
Jun 5 2017 // Travelers’ Claim University, founded in 2007, is working to change the way its claims professionals do business through the use of drones to assist in property inspection and claims analysis.The nearly 200,000-square...
May 15 2017 // Linda Stueber has joined Nationwide as the new vice president of Construction for Standard Commercial, the insurer announced. Stueber has 25 years of experience in commercial lines— with the past 20 years focused...
May 11 2017 // Travelers’ Claim University, founded in 2007, is working to change the way its claims professionals do business through the use of drones to assist in property inspection and claims analysis.The nearly 200,000-square...
Apr 20 2017 // Travelers Cos. was burned again by Mother Nature.Alan Schnitzer has been contending with volatile weather since becoming chief executive officer in late 2015, extending a trend of recent years in which storm seasons last...
Apr 10 2017 // The Travelers Companies, Inc. is now offering cybersecurity services from Symantec Corp. to eligible Travelers cyber policyholders. Symantec will provide a cyber resilience readiness assessment, cybersecurity awareness...
Mar 20 2017 // The Travelers Companies Inc. has estimated impact of the recent decision by the UK Ministry of Justice to reduce the discount rate applied to lump-sum bodily injury payouts, known as the Ogden rate, from +2.5 percent to...
Mar 20 2017 // The Texas Supreme Court recently ruled in favor of an insurer in a case that hinged on the applicability of an insured-v.-insured exclusion in the carrier’s directors and officers (D&O) liability policy.The...
Mar 13 2017 // The Travelers Cos. Inc. announced it has agreed to acquire Simply Business from Aquiline Capital Partners LLC for approximately $490 million, which includes the repayment of debt and other obligations at closing.Operating...
Mar 7 2017 // Sompo Canopius AG announced that its heavy industry team has secured additional capacity for its mining cover from Travelers Syndicate 5000 at Lloyd’s.This takes full capacity for the mining portfolio up to US$30...
Mar 1 2017 // The Texas Supreme Court recently ruled in favor of an insurer in a case that hinged on the applicability of an insured-v.-insured exclusion in the carrier’s directors and officers (D&O) liability policy.The...
Feb 28 2017 // The disruption in the municipal bond market is punishing some of the most loyal buyers of the debt.The insurance industry has seen more than $5 billion of gains erased on state and local bonds after Donald Trump’s...
Feb 24 2017 // A breach that allowed 11 people to walk through an unattended security checkpoint lane at one of the nation’s busiest airports has some travelers scratching their heads about how this could happen even with the...
Jan 24 2017 // Travelers Cos., the only property/casualty insurer in the Dow Jones Industrial Average, said fourth-quarter profit jumped 8.9 percent as investment income improved and the company recorded a gain tied to the settlement of...
Nov 2 2016 // Novarica, a research and advisory firm focused on insurance technology strategy, announced that Jim Klotz has joined the firm as a vice president of research and consulting.Prior to joining Novarica, Klotz spent 15 years...