142.35 -0.22 (-0.15%)
Pre-Market: 4:26AM EDT
|Bid||141.76 x 900|
|Ask||142.40 x 800|
|Day's Range||141.56 - 142.91|
|52 Week Range||111.08 - 155.09|
|Beta (3Y Monthly)||0.81|
|PE Ratio (TTM)||14.24|
|Earnings Date||Oct. 22, 2019|
|Forward Dividend & Yield||3.28 (2.29%)|
|1y Target Est||149.73|
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE: TRV), will host a symposium, “Disrupting Distraction,” today at Milken Institute School of Public Health at the George Washington University as part of its Every Second Matters distracted-driving education series. Co-hosted with the George Washington University Hospital, Milken Institute School of Public Health, the National Safety Council and the Road to Zero Coalition, the event will discuss the reasons many people drive distracted and explore effective approaches to curb this dangerous behavior and save lives. Travelers recently commissioned a survey of 500 Washington-area drivers and found that 74% use their mobile device for calls or apps while driving, compared to 68% of drivers across the country who admitted to the same behavior in the 2019 Travelers Risk Index.
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The Travelers Companies, Inc. (NYSE: TRV) today announced that it has joined the Advanced Vehicle Technology (AVT) Consortium at the Massachusetts Institute of Technology (MIT) and Partners for Automated Vehicle Education (PAVE). Both organizations work to strategically advance research and public information about automated vehicle and driver assistance technologies. “As a leading auto insurer, we play a central role in the conversation about the future of transportation and mobility,” said Michael Klein, Executive Vice President and President of Personal Insurance at Travelers.
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE: TRV), will host a symposium, “Harnessing Psychology, Tech and Innovation to Combat Distracted Driving,” today at the University of Cincinnati Carl H. Lindner College of Business. Ohio experienced four consecutive years of rising traffic crashes and deaths between 2013 and 2017, according to the Ohio Department of Transportation.
The Travelers Companies, Inc. (NYSE: TRV) today announced the results of the 2019 Travelers Risk Index, which found that cyber risks are the top concern among businesses of all sizes for the first time since the survey began in 2014. Of the 1,200 business leaders who participated in the survey, 55% said they worry some or a great deal about cyber risks, ahead of medical cost inflation (54%), employee benefit costs (53%), the ability to attract and retain talent (46%) and legal liability (44%). As concerns about cyber threats have grown, a higher percentage of businesses across nearly every industry reported taking proactive measures to safeguard against cyber risks — although a sizable percentage have not implemented such preventive best practices.
The Travelers Companies, Inc. (NYSE: TRV) today announced the launch of the Travelers Catastrophe Map Viewer, a new capability that provides agents and brokers with before-and-after photos of areas affected by disasters. Searchable, high-resolution aerial images are often available within one or two days after a catastrophic event — normally before anyone can physically access the location. This enables agents and brokers to quickly notify customers about the condition of their property and begin the claim process when necessary.
For long term investors, improvement in profitability and outperformance against the industry can be important...
The Travelers Companies, Inc. (NYSE: TRV) today announced that Travelers Insurance Company Limited has received approval from the High Court of England and Wales to complete an insurance business transfer under Part VII of the Financial Services and Markets Act 2000. This will enable the company to transfer the portfolios of all relevant in-force policies and historic liabilities written out of its Irish, French, German and Netherlands branches to its newly established insurance subsidiary, Travelers Insurance Designated Activity Company (Travelers Insurance DAC). “Receiving court approval for our Part VII transfer is another milestone in our plan to ensure we will maintain high levels of service for our customers and brokers following the UK’s expected departure from the European Union,” said Matthew Wilson, CEO of Travelers Europe.
The Travelers Companies, Inc. (NYSE: TRV) today announced it is using HOVER to assist in assessing property damage. HOVER’s technology transforms smartphone photos of any property into an accurate three-dimensional (3-D) model, gathering precise measurements of a building’s exterior, including its roof, siding and windows. Travelers claim professionals can use HOVER to easily inspect damages without the risks that come with climbing ladders, and policyholders can use HOVER to submit their information without having to schedule an on-site inspection.
The Travelers Institute, the public policy division of The Travelers Companies, Inc. (NYSE: TRV), will launch its Every Second Matters fall event series today at California State University, Fullerton. The series aims to raise awareness about the risks and consequences of distracted driving and empower young people, their broader communities and businesses to combat this dangerous behavior. “Today’s younger generations may be one of our greatest assets, not only in speaking up and helping change social norms around distracted driving but also in leveraging new technologies to help prevent it,” said Joan Woodward, Executive Vice President, Public Policy and President of the Travelers Institute.
The Travelers Companies, Inc. will review its third quarter 2019 results at 9 a.m. ET on Tuesday, Oct. 22, following the release of results earlier that morning.
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