Travelers News
Analysts Grill U.S. Insurers About Exposure to $4.7B J&J Talc Verdict
Wall Street is trying to figure out whether the U.S. insurance industry will bear any costs from a record $4.69 billion judgment against Johnson & Johnson awarded to customers and their families ...
Travelers CEO Schnitzer: Agents, Brokers Have a Place, Even With InsurTech Investments
Travelers Chairman and CEO Alan Schnitzer said that independent agents and brokers still have a place with the insurer even as it continues exploring InsurTech innovations for its operations. "Yes, ...
Travelers’ Q2 Dinged by Higher Cat Losses; Net Written Premiums Soar
The Travelers Companies, Inc. saw its net income dip and its combined ratio rise during the 2018 second quarter, due largely to a spike in catastrophe losses. Net income for the quarter came in at ...
Travelers Proposes Using Current Auto Insurance Model for Autonomous Vehicles
Auto insurance should continue to be the primary compensation model for accident victims as the driving population transitions to and then fully adopts autonomous vehicles, according to the insurer ...
The Latest Launches From Ironshore and Travelers
Liberty Mutual-owned Ironshore now has an energy equipment facility that offers property and inland marine insurance for on-shore middle-market business classes in the United States. Travelers' ...
Progressive, Travelers, Chubb Among Insurers Pulling Back From Muni-Bond Market
Some of the biggest U.S. insurers reduced their holdings of state and local government bonds after the corporate tax cut took effect this year, marking a retreat by a key buyer in the $3.9 trillion ...
Executives On The Move at Travelers, Erie Insurance and Alliant
Travelers hired on a new head of Investor Relations. Erie Insurance promoted an executive who will handle the carrier's strategic initiatives, among other new tasks. Alliant hired an industry veteran ...
Travelers, Dinged by High Cat Losses, Reports Otherwise Solid Q1
The Travelers Company's 2018 first-quarter numbers reflect steep catastrophe losses but an otherwise profitable period due to strong results in net premiums written and higher premium renewals across ...