Travelers News

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 …

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 …