Travelers News
Travelers Must Face Bad Faith Contract Claim After Appeals Court Ruling
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 ...
The Latest Launches From Starr and Travelers
A division of Starr Insurance Companies debuted a distribution channel to sell coverage that benefits small federal government contractors. Many customers for The Travelers Companies Inc. will now be ...
Travelers CEO Schnitzer: ‘Lots of Levers’ Can Be Pulled to Keep Improving Margins
The Travelers Companies CEO Alan Schnitzer reassured analysts that the insurer "has lots of levers" it can pull to keep improving margins and profitability, even though its combined ratio ticked ...
Travelers Boosted Q2 Net Income, Thanks to Lower Cat Losses and Investment Income Spike
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. Lower catastrophe losses and higher ...
The Latest Launches From Travelers and Aspen Insurance
Travelers has added a new endorsement to California home and landlord policies meant to help counter wildfire risks. Aspen Insurance debuted its new cyber risk management platform.
Travelers Reports Improved Underwriting, Lower Catastrophe Losses
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. New ...
Insurers See Opportunity With Quick-Paying Parametric Disaster Insurance for Public Sector
Some of the world's largest insurers are eagerly pitching cities, states and even school districts on policies designed to pay out quickly with few questions in the event of extreme weather. The ...
Travelers Claims Progress Reducing Opioid Use Among Injured Construction Workers
The Travelers Companies, Inc. claims it has had some success reducing the use of opioids among insured construction workers it covers. The property/casualty insurer said there has been close to a 40 ...
The Latest Launches From Allstate and Travelers
Allstate disclosed that its coverage for Uber drivers is now offered in 11 additional states. Travelers' Canadian arm is launching new services for specialty insurance corporate customers that come ...