Travelers Cos Inc reported a second-quarter profit on Thursday but missed Wall Street expectations, as the insurer’s catastrophe losses fell from a year before but were still higher than historical norms. Travelers, a Dow Jones industrial average component, also said …
Unscrupulous vendors and employees in cahoots with them are in every business and the claims industry is no exception. “…[A]ny business entity or even a non profit entity that engages the service of vendors in the conduct of their business …
With auto accidents being the leading cause of workplace injuries and fatalities, safety in the workplace extends beyond a business’s concrete walls. According to the National Safety Council Injury Facts 2011 Edition, the medical and indemnity costs from motor vehicle …
A New York appellate court affirmed a $420.4 million ruling in favor of insurer Travelers Cos , handing it a victory in one of the longest-running and most complex asbestos-related litigations in history. The dispute has to do with the …
Travelers Companies Inc reported a smaller profit for the fourth quarter, as it released less money from its reserves than a year earlier, though it also reported its biggest rate increases in eight years as the industry returned to pricing …
The Protector Plan for Events, underwritten by Travelers, has expanded beyond weddings to deliver specific coverages for private special events including parties for anniversaries, birthdays, sweet sixteen celebrations, baby showers, holiday parties, and retirements. The plan provides coverage for certain …
Officials say an insurance company is not renewing Shelby County’s policy protecting against financial crimes, a move that stems from an alleged embezzlement scheme at Chancery Court that led to $1 million in losses. Travelers Insurance told the county in …
Travelers Cos Inc reported a second-quarter loss, missing analysts’ estimates by a huge margin as the property insurer suffered more than $1 billion in catastrophe losses from record-breaking tornadoes in April and May. Travelers warned in early June that it …
Two Pennsylvania men and a construction company have been charged for their alleged roles in an insurance fraud scheme that targeted homes purportedly damaged by hail, announced Attorney General Paula T. Dow and Division of Criminal Justice Director Stephen J. …
According to a comprehensive analysis of its claims, Travelers has seen a substantial increase in the number of claims filed via mobile devices during the past year. The Travelers study broadly examined insurance claims filed over the past 16 months …