Company Overview of The Travelers Indemnity Company
The Travelers Indemnity Company operates as a property and casualty insurance company that provides a range of personal and business insurance products. The company’s products for individuals include auto, homeowner’s, renter’s, condo, and boat and yacht insurance products; other products, including umbrella, valuable items, wedding, identity fraud protection, and flood policies; and affinity auto and home programs. Its solutions for businesses comprise property, commercial general liability, worker’s compensation, and specialized risk insurance policies, as well as surety bonds for small, mid-sized, and large businesses. The company serves businesses in educational, institutional, manufactu...
One Tower Square, 2MS
Hartford, CT 06183
Founded in 1864
Key Executives for The Travelers Indemnity Company
Vice Chairman and Head of Financial, Professional & International Insurance Business Segment
Compensation as of Fiscal Year 2015.
The Travelers Indemnity Company Key Developments
FAPS Inc. Files Lawsuit against Travelers Indemnity Co
May 8 15
FAPS Inc. has filed a lawsuit against Travelers Indemnity Co. claiming that the company inadequately denied the importer's claims relating to damage from Hurricane Sandy. FAPS reportedly stated that the lawsuit relates to property damage to the company's terminal from the calamity. FAPS also claims in the lawsuit that Travelers breached contract and the implied covenant of good faith and fair dealing.
City of Las Cruces Files a Lawsuit Against Travelers Indemnity Co. and Fidelity and Guarantee Co
Nov 3 14
A New Mexico city filed a lawsuit against two insurance companies Travelers Indemnity Co. and Fidelity and Guarantee Co. that allegedly failed to pay for remediation after an environmental pollution investigation. The complaint alleges the city of Las Cruces and Dona Ana County were insured by The Travelers Indemnity Co. and Fidelity and Guarantee Co. An investigation by the U.S. Environmental Protection Agency revealed that both the city and county were responsible for pollution damages that affected the city's water supply. The city and county allege that they have expended millions of dollars in the remediation of those environmental hazards. The lawsuit alleges that the insurance companies failed in their obligations to pay for the remediation efforts. The lawsuit seeks damages for breach of contract.
Travelers Indemnity to Cut Jobs at Office in Syracuse, NY
Jun 23 14
Travelers Cos. Inc. will implement the last part of its planned layoffs at the Syracuse, N.Y., office in September. Travelers Indemnity Co.'s personal insurance business center unit in Syracuse will let go of 69 employees on Sept. 15, 2014. In order to close out the unit's operations, 11 remaining employees at the personal insurance business center in Syracuse will reportedly stay employed until April 2015. The layoffs reportedly impact about 159 jobs in the Syracuse office and are part of the company's previously disclosed restructuring plan due to difficulties in attracting new personal auto customers.
Similar Private Companies By Industry
Recent Private Companies Transactions
|No transactions available in the past 12 months.|
Most Searched Private Companies
Sponsored Financial Commentaries