Property/casualty insurer The Travelers Cos. says it will spend about $1.1 billion in cash to buy The Dominion of Canada General Insurance Co. and strengthen its reach north of the U.S. border. The New York-based insurer says The Dominion’s distribution …
Travelers understands the importance that employers place on effective management of the medical component of workers compensation and other property/casualty claims. With medical costs approaching 60 percent of workers compensation claim costs today and projected to increase to 67 percent …
Working in the street or highway can be as dangerous as it sounds. According to the U.S. Department of Transportation, there were more than 37,000 injuries in work zones and more than 500 fatalities in the most recent year reported. …
A proposed Settlement has been preliminarily approved by the court in Arthur v. The Standard Fire Insurance Co. and The Travelers Indemnity Co., No. 09-7332 in the U.S. District Court for the Eastern District of Louisiana. The Complaint alleges that …
The increased potential for data theft, malicious tampering and wireless malfunctions in medical devices are top-of-mind concerns for the medical technology and device industry. These emerging risk trends need to be managed – and properly insured. To fill in the …
Couples look forward to having their wedding day memories preserved forever through photography and video, but according to an analysis of 2012 wedding insurance claims by Travelers, 58 percent of all wedding claims related to vendor issues involve problems with …
Nearly three out of four leaders within the manufacturing industry have either expanded their product or service offerings in the past year, or plan to expand them in the coming year according to a recent IndustryEdge survey conducted by Travelers. …
New York state’s highest court on Thursday said a trial must determine whether Travelers Cos deliberately structured a nearly $1 billion asbestos settlement to force its reinsurers to pay more than their fair share. The ruling, the latest development in …
Despite increased adoption of online shopping, mobile payment and banking apps, offline methods are the top known causes of identity fraud, according to a new study from Travelers. Burglary, stolen wallets and pilfered identifications account for 73 percent of all …
The Travelers Foundation, the charitable division of The Travelers Companies, Inc., announced a new initiative with Habitat for Humanity International and the Insurance Institute for Business & Home Safety (IBHS) to invest in the resilience of local communities by building …