Posted in Auto Insurance , Travelers
October 19th, 2011
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Travelers Insurance has announced a new mileage-based discount to offer drivers a new way to save when behind the wheel. The auto insurance company’s new product is known as IntelliDrive, which provides customers with price reductions based a number of factors including the number of miles they have driven. 
Posted in Travelers
November 15th, 2009
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Atlantic and Gulf Coast states could see a huge discount on home insurance rates from Travelers Co, based in Hartford. If you have a storm proof home, one that is resistant to the wind and weather and up to the insurer’s standards, you could benefit from up to 35% off your homeowners insurance premiums. 
Posted in Home Insurance , Hurricane Insurance , Travelers
August 25th, 2009
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Travelers Companies Inc. is leading a number of companies representing eastern coastal states in the pursuit of hurricane home insurance coverage rate regulations. The hope is that with the addition of rate regulations, both homeowners and insurers can breathe a financial sigh of relief as the states try to manage the home insurance crisis that is battering budgets as destructively as hurricanes have battered coastlines. It seems as though no one is able to find affordable home insurance rates. 
Posted in Travelers
June 24th, 2009
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After years of court proceedings, Travelers Insurance will finally be able to pay out the $440 million settlement money owed to those involved in a class action lawsuit forasbestos-related claims. Chicago based law group,Goldberg Kohn, proclaimed victory as the recent Supreme Court ruling upholds a 1986 ruling against theJohns-Manville Corp and protects Travelers Companies Inc from any new asbestos claims regarding the corporation. 
Posted in Health Care , Travelers
June 23rd, 2009
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The Travelers Insurance group is only one of a small handful of insurance organizations supporting President Obama’s intitiative tocreate a U.S. insurance office. The creation of this organization is in direct response to the recent bailout of AIG and would change the balance of power from the state to the federal level. The goal is for the government to gain more control over regulating a system that as history has now proved, can have a devastating effect on the rest of the economy.
For national insurance companies like Travelers, the federal regulation could help streamline the system. Large insurance companies tend to have a variety of branches in each state and each branch has its own set of rules. With federal oversight the individual offices would be forced to communicate with each other on a regular basis, not just when tragedy ensues, which could mean a step in the right direction towards reforming health care in the US. 
Posted in Travelers
June 23rd, 2009
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In a bold move to strengthen the economy this June, The Travelers Companies was admitted to the Dow Jones Industrial Average. The addition of Travelers, who generated $25 billion in sales last year, was done to diversify the holdings of the index. Travelers helped fill some of the void createdby Citibank’s removal from the index this year and the gaping hole left behind fromlast year’s AIG dismissal. 
Posted in Health Insurance , Travelers
June 23rd, 2009
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For over 150 years, Travelers Insurance has been providing insurance to the throngs of Americans in need. The organization first started as the “St. Paul Fire & Marine Insurance Company” in 1853, and 11 years later evolved into theThe Travelers Insurance Company with one goal:”for the purpose of insuring travelers against loss of life or personal injury while journeying by railway or steamboat.” 