Travelers News

Travelers to Pay More Than 1,300 Claims Filed in Akron Asbestos Suit

More than 1,300 damage claims were filed in a northeast Ohio court on behalf of the heirs of Akron-area rubber and auto workers who died or developed serious illnesses from exposure to asbestos. The claims in Summit County Probate Court …

Travelers Claims Data Reveals Ways Thieves Use Stolen Identities

Travelers revealed 2014 identity fraud claim information from its claim data that highlight the most common ways identity thieves use personal information. Thirty-six percent were a result of thieves using existing credit or debit cards. Twenty-one percent of claims are …

Nebraska State Insurer Seeks Pass in Missing Student Lawsuit

The insurance company for the state has asked a judge to declare that it has no duty to pay any award made against the Nebraska State Colleges Board of Trustees in a lawsuit over the 2010 disappearance of a Peru …

Catastrophe Costs Cause Travelers Profit to Fall 26% to $683M

Travelers Cos., the only property/casualty insurer in the Dow Jones Industrial Average, said second-quarter profit fell 26 percent on catastrophe costs. Net income declined to $683 million, or $1.95 a share, from $925 million, or $2.41, a year earlier, the …

Travelers Identifies Top Concerns for Businesses in New Annual Risk Index

American businesses large and small say medical cost inflation, legal liabilities and technology risks are among their top concerns, according to the baseline findings of a new annual Business Risk Index from Travelers. The survey polled more than 1,100 business …

Most Common On-The-Job Injuries in Texas Last Year: Travelers

The four most common workplace injuries among Texas employers in 2013 included strains, sprains, fractures and contusions, according to a recent analysis of Travelers’ 2013 workers compensation claim data. “Although these injuries may not seem severe, they can substantially impact …

Travelers Completes Acquisition of The Dominion

The Travelers Companies, Inc. announced the completion of its acquisition of The Dominion of Canada General Insurance Company from E-L Financial Corporation Limited. The combined organization, which will be referred to as Travelers Canada, will remain headquartered in Toronto. “The …

Understanding Cyber-Related Claims

As businesses increasingly connect with customers via the Internet, the likelihood of a cyber breach increases. Just a few weeks ago, Adobe Systems said that hackers accessed data belonging to more than 2.9 million customers along with the source code …

Travelers Beats Estimates as Fishman Boosts Share Buybacks

Travelers Cos., the lone property/casualty insurer in the Dow Jones Industrial Average, posted third-quarter profit that beat estimates as Chief Executive Officer Jay Fishman increased rates for coverage. The company boosted its share buyback plan by $5 billion. Net income …

Monroe Extends Transit Insurance

The Monroe, La., city council has extended its contract with Traveler’s Insurance for coverage of the Monroe Transit System. The News-Star reports the contract is for one year. Monroe Mayor Jamie Mayo said the previous contract expired Tuesday, but with …