{"success":true,"data":{"pressRelease":{"id":"35106","rtpr_id":"nBw7c6rn0a","ticker":"TRV","exchange":"NYSE","all_tickers":["TRV"],"title":"Travelers Urges Homeowners to Protect Against Contractor Fraud as Storm Season Approaches","author":"Business Wire","published_at":"2026-05-14T13:00:02.730Z","article_body":"Travelers Urges Homeowners to Protect Against Contractor Fraud as Storm Season\nApproaches\n\nIn recognition of Contractor Fraud Awareness Week (May 18-22), The Travelers\nCompanies, Inc. (NYSE: TRV\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.travelers.com%2F&esheet=54535526&newsitemid=20260514679699&lan=en-US&anchor=TRV&index=1&md5=4f6cfe17a655bd33e1d8f1be85986d7a)\n) is providing guidance to help homeowners protect themselves from potential\nfraud when recovering from a storm.\n\n“In the aftermath of a storm, the desire to return to normalcy can drive\nhomeowners toward rushed decisions about which contractors to trust,” said\nPranay Mittal, Vice President of Travelers Investigative Services. “Knowing\nhow to identify fraudulent behavior isn’t just helpful – it can mean the\ndifference between a seamless recovery and an expensive mistake.”\n\nTravelers Investigative Services brings deep expertise to the fight against\ninsurance fraud, delivering exceptional support to customers at every stage of\nthe claim process. By partnering with leading industry organizations –\nincluding the National Insurance Crime Bureau (NICB) and the Coalition Against\nInsurance Fraud – Travelers continuously advances its fraud detection\ncapabilities and stays ahead of evolving schemes.\n\n“Fraudulent contractors act as business enterprises, using high-pressure\nsales tactics and promising quick fixes to take advantage of people in their\nmost vulnerable state,” said David J. Glawe, President and Chief Executive\nOfficer of the NICB. “The financial toll of contractor fraud extends far\nbeyond the homeowner who gets scammed. These crimes also inflate costs for\nevery policyholder. Awareness is the key to protecting homeowners from falling\nvictim to fraud.”\n\nTo help protect against contractor fraud, Travelers recommends that property\nowners:\n\n\n * Contact insurers or independent agents to review policies. Before signing any\ncontract or agreement, engage your insurance carrier or agent. They can\nexplain your coverage options and help ensure you don’t unknowingly waive\nyour rights. Many insurers, including \nTravelers\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.travelers.com%2Fclaims%2Fguides%2Fcontractor-repair-network&esheet=54535526&newsitemid=20260514679699&lan=en-US&anchor=Travelers&index=2&md5=8fdcb6c88e87da0ac63cf54e8886d1f7)\n\n, maintain networks of pre-vetted contractors they can recommend.\n\n * Insist on a written contract. This is a standard industry practice, so be wary\nof any contractor who pressures you to skip this step.\n\n * Never pay in full upfront. Large advance payments are a hallmark of fraudulent\ncontractors. A reasonable deposit may be appropriate, but full payment should\nonly follow completed, verified work.\n\n * Watch for red flags. High-pressure sales tactics, vague answers, reluctance to\nprovide references and allegations of government endorsement are all warning\nsigns.\n\n * Research contractors before they’re needed. Check licenses, look up reviews\nand consult the Better Business Bureau before hiring anyone. Create a list of\ninsured and well-reviewed local contractors and keep their contact information\naccessible.\n\nFor additional guidance on identifying and avoiding fraudulent contractors,\nvisit Travelers’ vendor tool kit\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.travelers.com%2Fresources%2Fhome%2Finsuring%2Frebuild-the-right-way-property-damage-guide&esheet=54535526&newsitemid=20260514679699&lan=en-US&anchor=vendor+tool+kit&index=3&md5=98c51d1e10631b12fb50867dbbeeda74)\nand contractor hiring checklist\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.travelers.com%2Fresources%2Fhome%2Frenovation%2Fchecklist-for-hiring-the-right-contractor&esheet=54535526&newsitemid=20260514679699&lan=en-US&anchor=contractor+hiring+checklist&index=4&md5=45827201c8e12b5f9f0226e16d66d8c5)\n.\n\nAbout Travelers\n\nThe Travelers Companies, Inc. (NYSE: TRV\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.travelers.com%2F&esheet=54535526&newsitemid=20260514679699&lan=en-US&anchor=TRV&index=5&md5=7aa9cf851aea104eb0e183e9a2804f79)\n) is a leading provider of property casualty insurance for auto\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.travelers.com%2Fcar-insurance&esheet=54535526&newsitemid=20260514679699&lan=en-US&anchor=auto&index=6&md5=bc18c8fd57dfa9b75759c1061eabadab)\n, home\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.travelers.com%2Fhome-insurance&esheet=54535526&newsitemid=20260514679699&lan=en-US&anchor=home&index=7&md5=6f5fece0fee0e2b175992623cb61f307)\nand business\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.travelers.com%2Fbusiness-insurance&esheet=54535526&newsitemid=20260514679699&lan=en-US&anchor=business&index=8&md5=4fc6a96437ddfe907302cb50c40ba1fe)\n. A component of the Dow Jones Industrial Average, Travelers has more than\n30,000 employees and generated revenues of nearly $49 billion in 2025. For\nmore information, visit Travelers.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.travelers.com%2F&esheet=54535526&newsitemid=20260514679699&lan=en-US&anchor=Travelers.com&index=9&md5=dc9b7517ff1b9c536ea293effe809046)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260514679699/en/\n(https://www.businesswire.com/news/home/20260514679699/en/)\n\nMedia: \n\nAmanda Madore, 860.954.3838\n\nAMADORE@travelers.com (mailto:AMADORE@travelers.com)\n\n\nCopyright Business Wire 2026","article_body_html":"","raw_payload":{"data":{"id":"nBw7c6rn0a","title":"Travelers Urges Homeowners to Protect Against Contractor Fraud as Storm Season Approaches","author":"Business Wire","ticker":"TRV","created":"2026-05-14T13:00:02.730Z","tickers":["TRV"],"exchange":"NYSE","article_body":"Travelers Urges Homeowners to Protect Against Contractor Fraud as Storm Season\nApproaches\n\nIn recognition of Contractor Fraud Awareness Week (May 18-22), The Travelers\nCompanies, Inc. (NYSE: TRV\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.travelers.com%2F&esheet=54535526&newsitemid=20260514679699&lan=en-US&anchor=TRV&index=1&md5=4f6cfe17a655bd33e1d8f1be85986d7a)\n) is providing guidance to help homeowners protect themselves from potential\nfraud when recovering from a storm.\n\n“In the aftermath of a storm, the desire to return to normalcy can drive\nhomeowners toward rushed decisions about which contractors to trust,” said\nPranay Mittal, Vice President of Travelers Investigative Services. “Knowing\nhow to identify fraudulent behavior isn’t just helpful – it can mean the\ndifference between a seamless recovery and an expensive mistake.”\n\nTravelers Investigative Services brings deep expertise to the fight against\ninsurance fraud, delivering exceptional support to customers at every stage of\nthe claim process. By partnering with leading industry organizations –\nincluding the National Insurance Crime Bureau (NICB) and the Coalition Against\nInsurance Fraud – Travelers continuously advances its fraud detection\ncapabilities and stays ahead of evolving schemes.\n\n“Fraudulent contractors act as business enterprises, using high-pressure\nsales tactics and promising quick fixes to take advantage of people in their\nmost vulnerable state,” said David J. Glawe, President and Chief Executive\nOfficer of the NICB. “The financial toll of contractor fraud extends far\nbeyond the homeowner who gets scammed. These crimes also inflate costs for\nevery policyholder. Awareness is the key to protecting homeowners from falling\nvictim to fraud.”\n\nTo help protect against contractor fraud, Travelers recommends that property\nowners:\n\n\n * Contact insurers or independent agents to review policies. Before signing any\ncontract or agreement, engage your insurance carrier or agent. They can\nexplain your coverage options and help ensure you don’t unknowingly waive\nyour rights. Many insurers, including \nTravelers\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.travelers.com%2Fclaims%2Fguides%2Fcontractor-repair-network&esheet=54535526&newsitemid=20260514679699&lan=en-US&anchor=Travelers&index=2&md5=8fdcb6c88e87da0ac63cf54e8886d1f7)\n\n, maintain networks of pre-vetted contractors they can recommend.\n\n * Insist on a written contract. This is a standard industry practice, so be wary\nof any contractor who pressures you to skip this step.\n\n * Never pay in full upfront. Large advance payments are a hallmark of fraudulent\ncontractors. A reasonable deposit may be appropriate, but full payment should\nonly follow completed, verified work.\n\n * Watch for red flags. High-pressure sales tactics, vague answers, reluctance to\nprovide references and allegations of government endorsement are all warning\nsigns.\n\n * Research contractors before they’re needed. Check licenses, look up reviews\nand consult the Better Business Bureau before hiring anyone. Create a list of\ninsured and well-reviewed local contractors and keep their contact information\naccessible.\n\nFor additional guidance on identifying and avoiding fraudulent contractors,\nvisit Travelers’ vendor tool kit\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.travelers.com%2Fresources%2Fhome%2Finsuring%2Frebuild-the-right-way-property-damage-guide&esheet=54535526&newsitemid=20260514679699&lan=en-US&anchor=vendor+tool+kit&index=3&md5=98c51d1e10631b12fb50867dbbeeda74)\nand contractor hiring checklist\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.travelers.com%2Fresources%2Fhome%2Frenovation%2Fchecklist-for-hiring-the-right-contractor&esheet=54535526&newsitemid=20260514679699&lan=en-US&anchor=contractor+hiring+checklist&index=4&md5=45827201c8e12b5f9f0226e16d66d8c5)\n.\n\nAbout Travelers\n\nThe Travelers Companies, Inc. (NYSE: TRV\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.travelers.com%2F&esheet=54535526&newsitemid=20260514679699&lan=en-US&anchor=TRV&index=5&md5=7aa9cf851aea104eb0e183e9a2804f79)\n) is a leading provider of property casualty insurance for auto\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.travelers.com%2Fcar-insurance&esheet=54535526&newsitemid=20260514679699&lan=en-US&anchor=auto&index=6&md5=bc18c8fd57dfa9b75759c1061eabadab)\n, home\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.travelers.com%2Fhome-insurance&esheet=54535526&newsitemid=20260514679699&lan=en-US&anchor=home&index=7&md5=6f5fece0fee0e2b175992623cb61f307)\nand business\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.travelers.com%2Fbusiness-insurance&esheet=54535526&newsitemid=20260514679699&lan=en-US&anchor=business&index=8&md5=4fc6a96437ddfe907302cb50c40ba1fe)\n. A component of the Dow Jones Industrial Average, Travelers has more than\n30,000 employees and generated revenues of nearly $49 billion in 2025. For\nmore information, visit Travelers.com\n(https://cts.businesswire.com/ct/CT?id=smartlink&url=https%3A%2F%2Fwww.travelers.com%2F&esheet=54535526&newsitemid=20260514679699&lan=en-US&anchor=Travelers.com&index=9&md5=dc9b7517ff1b9c536ea293effe809046)\n.\n\n\n\nView source version on businesswire.com:\nhttps://www.businesswire.com/news/home/20260514679699/en/\n(https://www.businesswire.com/news/home/20260514679699/en/)\n\nMedia: \n\nAmanda Madore, 860.954.3838\n\nAMADORE@travelers.com (mailto:AMADORE@travelers.com)\n\n\nCopyright Business Wire 2026"},"type":"article","timestamp":"2026-05-14T13:00:03.022459983Z","server_sent_at_ms":1778763603022},"received_at":"2026-05-14T13:00:03.081Z","source_url":"https://www.businesswire.com/news/home/20260514679699/en/"},"analysis":null,"durationMs":null,"modelName":null}}