The Travelers was originally incorporated in Connecticut “for the purpose of insuring travelers against loss of life or personal injury while journeying by railway or steamboat.” Later they amended their charter to include all accidents.
Category: History of Travel Insurance
“Experts” get it wrong
Recently minted travel insurance “experts” get the basics wrong.
149th Anniversary of Travel Insurance
Today is our annual thanks to James G Batterson for founding the first travel insurance company in the United States – The Travelers Insurance Company of Hartford, CT on April 1st, 1864. This writer had the honor of sharing history with Mr. Batterson because during my time as an employee of The Travelers I…
Accident Tickets?
For almost 100 years, travel insurance in the USA was known as “ticket” insurance. Why, because the first policies were sold at railroad stations by railroad ticket agents and in many cases actually looked like a railroad ticket.
Flight Insurance – What is it?
Flight insurance has been around for a long time. As a matter of fact the first person to be insured by one was President Woodrow Wilson when he insured a flight on May 6, 1919 with The Travelers Insurance Company. It’s been the basis for some critical studies in the 1950’s on pricing and expenses…