Travelers: New Hires May Drive Work Comp Claim Frequency May 4, 2022 By Jim Sams A new report by Travelers says workers with less than a year’s time on the job filed 35 percent of...
Travelers’ Profit Beats Estimates on Lower Catastrophe Losses April 19, 2022 Property and casualty insurer Travelers Companies Inc. reported a 48% jump in quarterly profit that beat analysts’ estimates on Tuesday,...
11th Circuit: Insurer Missed Deadline to Remove Bad Faith Case to Federal Court December 16, 2021 By Jim Sams Darryl A. Vachon did not accuse Travelers of bad faith in handling his $25,000 uninsured motorist claim until after a...
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...