California’s medical malpractice cap may soon be increasing. Click here to read more about the families of injured patients challenging the current limits on Insurance Journal’s website.
“Pacific Gas & Electric cut power to 48,200 customers in seven counties in California’s Sierra Foothills and North Bay overnight because of high fire danger.”
| Wildfire Preparation and Recovery Tips from Travelers | ||||||||||
| Travelers is continuing to monitor the progression of the fast-moving wildfires that are currently impacting various California counties. Because the safety of our agents and customers is important to us, we’d like to share some steps that may be taken to help you prepare and stay safe.
We will also provide these preparation and recovery tips to personal and business insurance customers later today. |
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| In addition to the above, have a business continuity plan with alternative arrangements for continuing critical operations. Here are some additional resources to consider that may help you reduce the risk of property damage and of injury to you, your family, and employees: | ||||||||||
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| Claim Reporting | ||||||||||
| To offer further assistance, Travelers Claim professionals have set up a customer resource center at the following location: | ||||||||||
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| At the resource center customers will be able to: | ||||||||||
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| We’re here to help when your customers need us most. If your customers experience damage or loss, they can contact us: | ||||||||||
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| Suspension of Binding Authority As a reminder, with some severe events, one or more of our business units may suspend binding authority. You can get updates on suspension of binding authority by logging onto the “For Agents”section of our website. |
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| *Travelers expressly disclaims any responsibility for the content, materials, accuracy of information and/or the quality of the products or services provided by, available through, or advertised on these third-party sites. |
“As the sale of cyber policies grows and other types of policies are extended to include cyber coverage, the industry is taking on a massive amount of new risk. Although it is true that auto, workers compensation, environmental policies and so many others were all new offerings at one time, there are some things about cyber that make it more unusual, more uncertain and more potentially dangerous for the insurance industry than new offerings of the past…”
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