Travelers

The underlying combined ratio in its personal lines segment increased by 7 points as the supply chain crisis bites.

March’s CPI report shows elevated inflation levels, including vehicle CPI of 10.5% and average used car price increase of 24.7%.

Following the acquisitions of Trov and Insureon, what InsurTech M&A deals are next?

A discrimination claim against a corporate vaccine mandate could be harder to assert if an employer is being consistent in their approach.

The deal expands Travelers' personal lines segment, with Trov’s team providing technology solutions to the unit.

The executive, who was with The Hartford for 19 years, is also joining Travelers’ small commercial leadership team.

The firm reported encouraging quarterly earnings, but social inflation and other challenges still loom.

The insurer increased its occurrence treaty coverage by $300mn as the aggregate deal shrank, following a full loss to reinsurers in 2021.

The carrier’s head of bond and specialty said better security postures were leading to a reduction of claims across the industry.

NPW grew 10%, near multi-decade highs, as underwriting profitability improvements in business insurance and bond & specialty were offset by a lower gain in personal lines.

The latest report shows even higher inflation pushing up severity, forcing carriers to take rate.

Commercial lines loss ratios may move slightly higher, while personal auto carriers see the light at the end of the loss-cost tunnel.