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The Travelers Companies, Inc., commonly known as Travelers, is an American insurance company. It is the second-largest writer of U.S. commercial property casualty insurance, and the sixth-largest writer of U.S. personal insurance through independent agents. [3] [4] [citation needed] Travelers is incorporated in Minnesota, with headquarters in ...
Between 1870 and 1872, 33 US life insurance companies failed, in part fueled by bad practices and incidents such as the Great Chicago Fire of 1871. 3,800 property-liability and 2,270 life insurance companies were operating in the United States by 1989.
Standard Insurance Company, also branded as The Standard, is an American insurance and financial company which is a subsidiary of StanCorp Financial Group, headquartered in Portland, Oregon. On July 23, 2015, Meiji Yasuda , a Japanese mutual insurance group, made an offer to purchase Stancorp Financial for $5 billion.
Travelers, considered a bellwether for the insurance industry due to its size, said catastrophe losses doubled in its most recent quarter and the company swung to a loss as severe wind and ...
1965 (age 58–59) Education. University of Pennsylvania (BA) Columbia Law School (JD) Occupation (s) Chairman & CEO, The Travelers Companies. Alan D. Schnitzer (born in1965) is an American executive who is the chairman and chief executive officer at The Travelers Companies, Inc., a provider of property casualty insurance for auto, home and ...
The city is insured by Travelers Insurance for claims under $1 million. In a Jan. 6 email, Blair wrote Travelers had notified the city it will stop providing coverage June 30. He added the city ...
1871 — The company paid all of its claims from the Great Chicago Fire – about a half million dollars' worth – within 60 days, nearly wiping out all of the company's capital. 1905 — The company had roughly 6,000 independent agents. 1906 — Fireman's Fund was the first company to provide nationwide auto insurance.
US$14,342 million (2020) [2] Number of employees. 10,000 (2021) [1] Kemper Corporation is an American insurance provider with corporate headquarters located in Chicago, Illinois. With nearly $13 billion in assets, the Kemper family of companies provides insurance to individuals, families, and businesses. [3]