Travelers raises rates for Illinois homeowners [Chicago Tribune]
By Becky Yerak, Chicago Tribune | |
McClatchy-Tribune Information Services |
"The frequency of severe weather events continues to increase, and Travelers is taking steps to address this trend," said
The industry's insured losses in
In a third-quarter earnings call, Travelers cited an increasingly unpredictable Mother Nature as a factor in its efforts to "improve pricing."
"Mother Nature seems to be increasingly unpredictable, and we believe the low interest rate environment will continue to impact our business for the foreseeable future," Chief Executive
Travelers is
[email protected] -- Twitter: @beckyyerak
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