Travelers News

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 …

Tracking Construction Worker Safety a Group Effort

Maintaining the safety of workers on a six-story job that spans 60,000 square feet is a daunting task, and a concern for not only the construction firm but also its insurer. A recently announced collaboration between Travelers, Gilbane, a large …

Business News: Navigators, Travelers, Engle Martin/vrs Adjusters

Navigators Stockholders Approve Merger with The Hartford The Navigators Group, Inc., announced at a special meeting of stockholders that stockholders approved the adoption of the previously announced merger agreement relating to the proposed transaction between Navigators and The Hartford Financial …

Business News: Medata, Travelers, Ascot Insurance U.S.

Medata Expands Operations, Opens New Office in Nevada Medata, the leading medical cost containment technology company in workers’ compensation and auto liability lines, just opened a new office in Henderson, Nevada. Medata selected Henderson to expand its geographic footprint, according …

Business News: KittyHawk, MunichRe/eDriving, ISO

Kittyhawk Secures Funding From Travelers Kittyhawk, an enterprise drone operations software firm, announced a strategic investment from The Travelers Companies, Inc. The investment will help the company bring unified drone operations to new markets. Kittyhawk has supported the growth of …

People News: CSAA, AIG, Travelers

Ingersoll Named VP of Corporate Innovation at CSAA John Ingersoll has been named VP of Corporate Innovation at CSAA Insurance Group. Ingersoll is among the inaugural Velocity Program at the company, a “growth engine” that brings employees from various business …

Travelers: Weather is Top Cause of Home Damage

The Travelers Companies, Inc. released its Top Ways Things Can Go Wrong interactive report, which identifies the most common and costliest causes of home damage. The report examines the company’s national homeowners insurance claim data from 2009 to 2016. It …

Biggest Cat Losses of the Past Decade Hit U.S. Insurers

Wildfires, hurricanes, tornadoes, hail storms, Nor’easters and mudslides. A string of disasters has pummeled the biggest U.S. insurers over the past year, and the second quarter was no exception. Allstate Corp. estimated its pretax catastrophe losses at $906 million for …

Insurers’ Drone Use Picks up After 2017 Hurricane Season

Insurers’ use of drones to inspect property claims came into full swing in 2017, after the FAA began issuing permission allowing commercial firms to operate unmanned aerial vehicles in designated U.S. airspace. Nearly a year later, while some insurers remain …

New Travelers Data Reveals Distracted Driving Spikes in Summer

Drivers are being warned about the increased risk for distracted driving this summer. Travelers and its public policy division, the Travelers Institute, along with TrueMotion, a smartphone telematics platform, recently analyzed the behavior of more than 20,000 drivers from January …