Travelers News

Business News: Travelers, VenAssure, Sedgwick Make Announcements

Travelers Paying Claims with PayPal Travelers has launched a new service that allows auto, property and general liability policyholders to receive claim payments through PayPal. The carries link to PasyPal comes through Global Digital Disbursements, a service provided by Bank …

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

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 as expensive as the …

Travelers Bulks Up Wildfire Protection After Deadly 2018 Blazes

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 prepare their property for a fire by different …

North Carolina Schools Reach $10M Insurance Claims Settlement for Tornado Damage

More than a year after a tornado struck, a North Carolina school system says it’s reached a $10 million settlement with its insurance company for damage to three schools. The News & Record of Greensboro reports that officials with Guilford …

Insurers Dabbling with Smart Home Tech, but No Winning Model has Emerged

An instinct for self-preservation has carriers dipping their toes into the smart home technology space, but no U.S. insurer has taken a full plunge so far. The industry hasn’t settled on how it should get devices such as water-leak detectors …

Lyft and Uber Fly to Hawaii to Build Their Own Captive Insurers

Ride-sharing giants Lyft Inc. and Uber Technologies Inc. seem to have found the same solution for dealing with the risks of managing millions of drivers on the road: Creating their own insurers in Hawaii. On Friday, Lyft told potential investors …

Business News: Abra/Caliber, Travelers, Roost

Caliber Collision, Abra Auto Body Repair of America Merger Transaction Closes Caliber Collision Centers and Abra Auto Body Repair of America announced the closing of their merger that unites the companies’ talented teams, brands and operations to better serve customers, …

Travelers Seeks Higher Premiums Due to Deadly California Wildfires

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 environment is pretty broad and pretty …

Business News: Windshield Centers, W.R. Berkley, Travelers

Windshield Centers Opens New Location in Wisconsin Windshield Centers, a provider of in-shop and mobile auto glass repair, replacement and recalibration services, has opened a new location in Madison, Wisconsin. The Madison service center represents its third location and is …

Technology Shapes Insurers’ Wildfire Response

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 airplane flyovers and social media posts describing what was …