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Stock impact report

Travelers Shares Strategies to Help Protect Businesses and Consumers from Insurance Fraud

The Travelers Companies, Inc. (TRV) 
Last the travelers companies, inc. earnings: 4/21 06:57 am Check Earnings Report
US:NYSE Investor Relations: investor.travelers.com
Company Research Source: Business Wire
HARTFORD, Conn.--(BUSINESS WIRE)--In recognition of International Fraud Awareness Week, Travelers (NYSE: TRV) is highlighting strategies to help businesses and consumers protect themselves from insurance fraud. This threat costs Americans $308.6 billion annually, according to estimates from the Coalition Against Insurance Fraud.“Insurance fraud drives up the overall cost for everyone and undermines consumer trust and the integrity of the insurance process,” said Pranay Mittal, Vice President of Travelers Investigative Services. “By raising awareness of the many forms these threats can take, and equipping individuals and businesses with the tools they need to recognize and prevent fraud, we can create a more secure marketplace together.”A recent Travelers survey indicates businesses are primarily concerned about medical provider schemes involving coordinated networks of health care professionals; digital scams affecting business systems and data; and employee fraud occurring within Show less Read more
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