Travelers Commits $250,000 to Relief Efforts for Hurricanes Helene and Milton

Rhea-AI Summary

The Travelers Companies, Inc. (NYSE: TRV) has committed $250,000 to assist relief efforts in states affected by Hurricanes Helene and Milton. The funds will support All Hands and Hearts, SBP, Team Rubicon, and United Way Suncoast. Over 500 Travelers Claim professionals are on the ground assisting customers, with thousands more activated across the country. Mobile Claim Offices have been deployed to the hardest-hit areas.

As part of the Travelers Fortifies Communities initiative, the company works with nonprofit partners to create more resilient neighborhoods by helping families rebuild to stronger construction standards after severe weather events. Notably, homes rebuilt to FORTIFIED standards through Travelers' program in Houma, Louisiana, successfully withstood the impact of Hurricane Francine this year.

Positive

• Commitment of $250,000 for hurricane relief efforts
• Over 500 Claim professionals deployed to assist customers
• Mobile Claim Offices deployed to hardest-hit areas
• Travelers Fortifies Communities initiative helping rebuild stronger homes

Negative

• None.

Contributions will go to All Hands and Hearts, SBP, Team Rubicon and United Way Suncoast

HARTFORD, Conn.--(BUSINESS WIRE)-- The Travelers Companies, Inc. (NYSE: TRV) today announced a commitment of $250,000 to assist relief efforts in states affected by Hurricanes Helene and Milton. Funds will support All Hands and Hearts, SBP, Team Rubicon and United Way Suncoast.

“The towns and neighborhoods impacted by Hurricanes Helene and Milton are home to our customers, colleagues and friends,” said Alan Schnitzer, Chairman and Chief Executive Officer of Travelers. “We’re committed to being there for them in these difficult times.”

More than 500 Travelers Claim professionals have been on the ground assisting customers who have been affected by Hurricanes Helene and Milton, with thousands more activated across the country to support the local effort. Mobile Claim Offices, where customers can file a claim in person, have been deployed to the hardest-hit areas, and customers can contact Travelers 24 hours a day, seven days a week by visiting Travelers.com or by calling 1-800-CLAIM33.

As part of the Travelers Fortifies Communities initiative, the company also works with nonprofit partners to create more resilient neighborhoods by helping families build back to stronger construction standards following severe weather events. In one example, Travelers provided resources to rebuild homes in Houma, Louisiana, that were destroyed by Hurricane Ida. “We are pleased to share that the homes rebuilt to FORTIFIED standards through our program withstood the impact of Hurricane Francine this year,” commented Marlene Ibsen, Vice President of Community Relations at Travelers and President and Chief Executive Officer of the Travelers Foundation.

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/20241016391041/en/

Media:

Kassondra Mangione, 860.277.0731

kmangion@travelers.com

Source: The Travelers Companies, Inc.

FAQ

How much has Travelers (TRV) committed to hurricane relief efforts?

Travelers (TRV) has committed $250,000 to assist relief efforts in states affected by Hurricanes Helene and Milton.

Which organizations will receive support from Travelers' hurricane relief fund?

The funds will support All Hands and Hearts, SBP, Team Rubicon, and United Way Suncoast.

How many Travelers Claim professionals are assisting customers affected by Hurricanes Helene and Milton?

Over 500 Travelers Claim professionals are on the ground assisting customers, with thousands more activated across the country to support the local effort.

What is the Travelers Fortifies Communities initiative?

The Travelers Fortifies Communities initiative works with nonprofit partners to create more resilient neighborhoods by helping families rebuild to stronger construction standards following severe weather events.