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Tag: Travelers Insurance
Travelers Insurance Raising California Home Rates by 15% on Average
One of California’s largest home insurers is raising rates for hundreds of thousands of state policyholders by an average of 15.3%, the latest move by a major insurer to boost homeowners’ premiums in the face of growing wildfire risk.
Travelers Kicks Off 2024 with Strong Q1 Reporting Net Income of $1.123B
Travelers has published its first quarter 2024 financial results, reporting 16% growth in net income despite an elevated level of catastrophe losses compared to the prior year quarter.
Amid Fluctuating and Emerging Business Risks, Cyber Threats Remain a Leading Concern
The Travelers Companies, Inc. today released its 2023 Travelers Risk Index results, and for the ninth straight year, cyber threats were one of the top three business concerns among the 1,200 survey participants from small-, medium- and large-sized companies.
Property Insurer Travelers Swings to Loss Following Storms
Travelers posted a net loss of $14 million for the quarter, down from a $551 million net income for the comparable period the year before. The insurance giant reported a near doubling in catastrophe losses to $1.5 billion, compared with $746 million for the second quarter of last year.
Travelers Shares Up 6% After 1Q Earnings Gains, Dividend Increase
Travelers Cos. Inc. posted first-quarter earnings marked by a nearly one-billion-dollar uptick in revenue and raised its quarterly dividends.
Travelers Posts Earnings Growth on Surging Premium Volume
Travelers Cos. reported a 2% increase in fourth-quarter net income to set a new company record, with strong growth in premium volume contrasting with a year-earlier period that was hard hit by the Covid-19 pandemic’s economic disruptions. Travelers, one of the nation’s largest sellers of business insurance and a top consumer-car insurer, reported a net… Continue reading Travelers Posts Earnings Growth on Surging Premium Volume
Travelers Offers Wildfire Defense Services Endorsement to California Customers
The Travelers Companies, Inc. today announced it is including a Wildfire Defense Services endorsement in all California home and landlord policies. The endorsement, included at no additional cost to the policyholder, helps provide an added layer of wildfire protection for customers. Travelers is working with Wildfire Defense Systems (WDS), a private firm that specializes in… Continue reading Travelers Offers Wildfire Defense Services Endorsement to California Customers
Travelers Offers Industry Leading Real-Time Customer Alerts for Independent Agents
The Travelers Companies, Inc. announced that independent insurance agents who use the EZLynx Management System will now be notified instantly when their Travelers personal auto insurance customers make a policy change in the MyTravelers® self-service portal. The EZLynx Management System dashboard is updated in real time when a customer adds or removes a vehicle, modifies… Continue reading Travelers Offers Industry Leading Real-Time Customer Alerts for Independent Agents