Travelers Expands Availability of Homeowners Insurance Under California's Sustainable Insurance Strategy

HARTFORD, Conn.--(BUSINESS WIRE)--The Travelers Companies, Inc. (NYSE: TRV) today announced its voluntary participation in California's Sustainable Insurance Strategy (SIS), notifying the California Department of Insurance (CDI) of its intention to expand homeowners insurance availability across the state. Championed by Insurance Commissioner Ricardo Lara, the SIS allows participating carriers to incorporate forward-looking wildfire catastrophe models and reinsurance costs into rates along with.