“Distracted driving is a preventable crisis,” said Chris Hayes, assistant vice president of workers compensation and transportation, risk control, at Travelers. “If you’re the passenger in a vehicle, speak up if the driver isn’t paying attention to the road. If you’re an employer, avoi...
Travelers’ Q4 Net Income Skyrockets as Personal Lines Reverses Underwriting Loss January 19, 2024 Net income at The Travelers Cos. for the last quarter of 2023 about doubled compared to the same time last year to $1.6 billion on lower catastrophe losses and a return to profitable results in...
Travelers: medical devices need product liability protection.(Property/Casualty: Loss Risk Management Notes)(Brief article)Green, Meg
3.Travelers who have focused on high-risk activities such as professional mountain climbing, skydiving, and much more. *Examples of high-risk activities) Scuba Diving, Hang Gliding, Paragliding, Skydiving, Water Skiing, Motorboat, Car/MotorcycleRacing, Bungee Jumping, Ice/rock walls or mountai...
And that is where travel insurance will become even more valuable going forward. Consumers tend not to buy travel insurance for short weekend trips because they usually cost less, so they aren’t as much of a financial risk. But two weeks in Paris or a 10-day Caribbean crui...
If all else fails and you’ve decided that your gadgets just aren’t coming back, you can also tell any of the above software to remotely delete everything on your device the next time it connects to the Internet. At least that way you only need to mourn the loss of your technology,...
In short, decision makers are risk-pursuant in the loss area and risk-averse in the gain area. Figure 1. Value function. As can be seen from Figure 2, the weight function is a strictly increasing nonlinear function. The convex part of the image indicates that the decision makers tend to...