Allstate Wins Another Crumbling Foundations Lawsuit
Insurer Allstate has prevailed again in a lawsuit by Connecticut policyholders seeking money to fix their crumbling house foundations.
Insurer Allstate has prevailed again in a lawsuit by Connecticut policyholders seeking money to fix their crumbling house foundations.
Under the agreement, Travelers will establish and administer the Travelers Benefit Program and commit $5 million to the program.
The Travelers Cos. Inc. announced earlier this week that Jay S. Benet will step down from his role as CFO, effective Sept. 1. Benet, who has held the position since 2002, will remain on the senior leadership team as vice chairman.
Travelers, The Hartford Financial Service Group and Aetna have made a combined payment of $10 million towards the city of Hartford’s 2018-2019 fiscal year budget.
Business owners who are trying to get back on track after hurricanes Harvey and Irma now face a different sort of challenge: trying to recoup lost income from their insurers.