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Share Name | Share Symbol | Market | Type |
---|---|---|---|
The Travelers Companies Inc | NYSE:TRV | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.56 | 0.27% | 206.30 | 207.25 | 204.16 | 205.10 | 343,236 | 18:39:43 |
As the Atlantic hurricane season approaches, The Travelers Companies, Inc. (NYSE: TRV) urges residential and commercial property owners to take proactive steps to protect their homes and buildings from severe weather risks during the upcoming summer months.
Colorado State University (CSU) researchers predict that 2024 could be one of the most active Atlantic hurricane seasons in decades. The forecast anticipates 23 named storms, 11 of which could become hurricanes – the highest number that CSU has ever predicted in their April outlook.
“While hurricane season has not officially begun, severe storms can form at any time, underscoring the importance of preparing both commercial and personal properties sooner rather than later,” said Bob Kreuzer, Senior Vice President of Risk Control at Travelers. “Consider strengthening exterior structures, reinforcing vulnerable areas such as doors, windows and garages, and surveying outdoor items that will need to be anchored or moved inside before a storm arrives. Acting now could help mitigate potential losses.”
Travelers recommends that property owners take the following steps to safeguard their homes and buildings:
“With experts warning that this year’s hurricane season could be busier than average, it’s important for property owners to take proactive steps now, including making sure that property insurance policies are up to date,” said Joanne Carmody, Vice President of Catastrophe Management for Personal Insurance Claim at Travelers. “Evaluating insurance coverage ahead of time can help facilitate recovery after a storm hits.”
For more information on preparing for hurricanes and other severe weather events, visit travelers.com/resources/weather/hurricanes.
About Travelers The Travelers Companies, Inc. (NYSE: TRV) is a leading provider of property casualty insurance for auto, home and business. A component of the Dow Jones Industrial Average, Travelers has more than 30,000 employees and generated revenues of approximately $41 billion in 2023. For more information, visit Travelers.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20240529385882/en/
Media: Chesleigh Fowler, 860-277-5102 cfowler3@travelers.com
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