Property/casualty insurer St. Paul Travelers has completed its previously announced initiative to combine its two major insurance pools. Specifically, the Travelers Property Casualty Pool and certain companies of the St. Paul Insurance Group have now been combined.
The combination has received all required regulatory approvals and is effective July 1, 2005, retroactive to Jan. 1, 2005. Additionally, the company has merged Gulf Insurance Co. into Travelers Indemnity Co., the lead company of the newly combined pool, effective July 1, 2005.
Was this article valuable?
Here are more articles you may enjoy.
Florida Lawmakers Vote to Drop Building Permits on Projects of $7,500 or Less 
P/C Industry Loss Reserves Redundant by More Than $20B: Assured Research 
Iran-Linked Hackers Restore Website After US Seizes Domains 
Nebraska Fires Burn Grazing Lands, Threaten Plans to Grow US Cattle Herd 
