Travelers


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The St. Paul Travelers Companies, Inc. (NYSE: STA) is the second largest underwriter of commercial property casualty and personal insurance in the United States, doing business primarily under the Travelers brand.

The company is headquartered in Saint Paul, Minnesota but has major operations in Hartford, Connecticut, the former headquarters of Travelers Property Casualty Company, which merged with The St. Paul Companies in 2004. Today, the company has field offices in every U.S. state, plus operations in the United Kingdom, Ireland, Canada and Mexico. In 2005, the company reported revenues of US$24.4 billion and total assets of $113.2 billion.

St. Paul Travelers, through its subsidiaries and approximately 14,000 independent agents and brokers, provides commercial and personal property and casualty insurance products and services to businesses, government units, associations, and individuals. The company offers insurance through three segments:

* Personal Insurance, which includes home, auto and other insurance products for individuals.

* Business Insurance, which incldues a broad array of property and casualty insurance and insurance-related services in the United States.

* Financial, Professional & International Insurance, which includes surety, crime, and financial liability businesses which primarily use credit-based underwriting processes, as well as property and casualty products that are predominantly marketed on an international basis.

Throughout its history, the company is noted for having delivered many industry firsts, including the first automobile policy, the first commercial airline policy, and the first policy for space travel.

The St. Paul Companies was founded in 1853 and Travelers Property Casualty Corp. was founded in 1864. In 1998 The St. Paul Companies acquired USF&G known formerly as United States Fidelity and Guaranty Company, a Baltimore, Maryland-based insurance company.Permission is granted to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1.2 or any later version published by the Free Software Foundation; with no Invariant Sections, with no Front-Cover Texts, and with no Back-Cover Texts.
Virtual Magic is a human knowledge database blog. Text Based On Information From Wikipedia, Under The GNU Free Documentation License. Copyright (c) 2007 Virtual Magic. Permission is granted to copy, distribute and/or modify this document under the terms of the GNU Free Documentation License, Version 1.1 or any later version published by the Free Software Foundation; with no Invariant Sections, no Front-Cover Texts and no Back-Cover Texts. A copy of the license is included in the section entitled "GNU Free Documentation License".

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