As Criminals Innovate, ATM Thefts Becoming a Growing Source of Insurer Loss February 5, 2021 By Jim Sams Convicted bank robber Willie Sutton, when asked why he robbed banks, famously said, “because that’s where the money is.” In...
Insurer Travelers’ Profit Beats Estimates on Investment Gains, Fewer Claims January 21, 2021 By Noor Zainab Hussain and Suzanne Barlyn Property and casualty insurer Travelers Cos Inc reported a jump in quarterly profit that beat analysts’ estimates on Thursday, helped...
Catch-All Travel Insurance Booms as U.S. Flyers Take Thanksgiving Risks November 25, 2020 By Noor Zainab Hussain U.S. websites have seen a surge in travelers seeking expensive ironclad insurance this Thanksgiving, as Americans desperate to break the...
Travelers Profit Rises With Higher Premiums, Lower Costs October 20, 2020 Oct 20 — Property and casualty insurer Travelers Companies Inc beat third-quarter profit expectations on Tuesday, helped by higher premiums,...
Travelers Posts Second-Quarter Loss, Walloped By Severe Storms, Civil Unrest July 23, 2020 Property and casualty insurer Travelers Cos Inc reported a second-quarter loss on Thursday, hurt by a sharp increase in catastrophe...
Travelers Sees Rising Claims as Coronavirus Crisis Spreads April 21, 2020 Property and casualty insurer Travelers Cos. Inc. reported a 25% drop in quarterly profit on Tuesday and warned that potential...
Travelers Sets Aside ‘Modest’ Funds for Child Sex-Abuse Claims January 27, 2020 By Suzanne Barlyn Travelers Companies Inc has set aside a “modest” amount of additional money to cover its possible exposure to child sex-abuse...
Technology’s Promise and Drawbacks Among Top Claims Stories for 2019 December 31, 2019 By Jim Sams Technology — both its promise and its alleged abuse — was a key component of the most important news stories...
Travelers Profit Misses on Higher Reserves for Claims October 22, 2019 Insurer Travelers Cos Inc reported a lower-than-expected quarterly profit on Tuesday as it bolstered its reserves to cover asbestos-related and...
Carriers Demonstrate Insuretech Innovations that Simplify Adjusting September 26, 2019 By Jim Sams LAS VEGAS — The theme on the opening day of the InsureTech Connect conference was that the insurance industry is...