Property-casualty insurer The Travelers Cos. is setting up an institute in Washington, D.C., to be closer to decisions that will craft the industry for years to come.

The insurer announced the …  Read →

Travelers, the biggest U.S. property insurer by market value, said first-quarter profits fell 32% as values on its investments sagged along with the economy.

Net income fell to $662 million, or …  Read →