Chad Hemenway - Profile and Journalist Details

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Total articles 972

• Travelers Income Drops 65% on Catastrophe Losses, Primarily California Wildfires

  By Chad Hemenway Verified| Carrier Management Verified The Travelers Cos. said first-quarter 2024 fell 65 percent on an underwriting loss of $305 million. Travelers posted first-quarter net income of about $395 million compared to about $1.1 billion during the first quarter of 2024. The underwriting loss for Q1 was compared to a gain of $577 a year ago during the same period. The insurer paid out about $2.3 billion in Q1 catastrophe losses—more than three time more than the $712 million in catastrophe losses from a year ago.

  By Chad Hemenway Verified · Carrier Management

  Apr. 21, 2025

• Travelers Income Drops 65% on Catastrophe Losses, Primarily California Wildfires

  By Chad Hemenway Verified| Carrier Management Verified The Travelers Cos. said first-quarter 2024 fell 65 percent on an underwriting loss of $305 million. Travelers posted first-quarter net income of about $395 million compared to about $1.1 billion during the first quarter of 2024. The underwriting loss for Q1 was compared to a gain of $577 a year ago during the same period. The insurer paid out about $2.3 billion in Q1 catastrophe losses—more than three time more than the $712 million in catastrophe losses from a year ago.

  By Chad Hemenway Verified · Carrier Management

  Apr. 21, 2025

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Insurance Journal

Insurance Journal is a prominent publication and digital platform in the insurance industry, established in 1923. Originally a print magazine, it has transformed into a multi-platform resource under the leadership of the Wells family. The publication expanded its reach from a regional focus in Southern California to a national and digital presence, providing valuable insights for insurance professionals. The company offers a digital news platform that delivers real-time news, analysis, and multimedia content tailored for insurance professionals. It also publishes a bi-weekly print magazine with a circulation of over 40,000, covering trends and regulatory updates in property and casualty insurance. Additionally, Insurance Journal provides industry tools, including directories for specialized coverage options, job listings, and a searchable news archive. With a readership of over 250,000 monthly and recognition as the most-read national resource for independent agents, Insurance Journal plays a vital role in the insurance sector.