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Allstate Wins Another Crumbling Foundations Lawsuit

Allstate Wins Another Crumbling Foundations Lawsuit

by The Associated Press | Dec 10, 2018 | CR Daily, Industry News, Residential Real Estate

Insurer Allstate has prevailed again in a lawsuit by Connecticut policyholders seeking money to fix their crumbling house foundations.

State, Travelers Announce Assistance for Crumbling Foundation Homeowners

State, Travelers Announce Assistance for Crumbling Foundation Homeowners

by The Commercial Record | Dec 7, 2018 | CR Daily, Industry News, Residential Real Estate

Under the agreement, Travelers will establish and administer the Travelers Benefit Program and commit $5 million to the program.

Travelers CFO to Step Down; Successor Named

Travelers CFO to Step Down; Successor Named

by The Commercial Record | Aug 9, 2018 | Banking & Lending, CR Daily, Executive Briefing, Industry News, Insurance

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.

Hartford’s Three Major Insurers Pay $10M Towards City’s Fiscal Recovery

by The Commercial Record | Jul 10, 2018 | Banking & Lending, CR Daily, Industry News

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 Interrupted: Hurricane-Damaged Firms Dig In For Insurance Fight

by Reuters | Sep 15, 2017 | CR Daily, Executive Briefing, Industry News, Insurance

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.

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