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0.000573394495412866 0.00200688073394503 0.00344036697247706 0.00162461773700307 0.0116590214067278 0.00124235474006112 -0.00745412844036698 -0.0114678899082569
Stock impact report

UPDATE 1-Travelers sees rising claims as coronavirus crisis spreads [Reuters (UK)]

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: Reuters
Travelers sees rising claims as coronavirus crisis spreads - Reuters 3 Min Read (Reuters) - Property and casualty insurer Travelers Cos Inc ( TRV.N ) reported a 25% drop in quarterly profit on Tuesday and warned that potential claims tied to compensation coverage for furloughed and laid-off employees would hit results for the year. The coronavirus pandemic has brought global financial markets to a virtual halt, leaving millions of people jobless in America alone and forcing companies to boost their cash reserves. Travelers said it could see "elevated claims frequency and severity" for its workers' compensation line as a number of states enact changes designed to effectively expand workers' compensation coverage. travl.rs/2zjWN9X U.S. commercial insurers are facing mounting political pressure to cover claims from businesses that are losing revenue because of coronavirus-led shutdowns ordered by state and local governments. They are being pushed to aid businesses that have been shutt Show less Read more
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