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Travelers makes insurance news by leaving Wall Street estimates in the dust

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Written on:April 20, 2012
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Travelers makes insurance news by leaving Wall Street estimates in the dust

The latest insurance news from Travelers shows that it saw earnings far beyond expert predictions. Travelers Cos Inc., a property insurer, left estimates from Wall Street analysts in the dust in terms of predictions regarding its first quarter earnings, and made insurance news when it increased its dividend by 12 percent as the losses from natural disasters fell and as rates continue to rise following several weak years. Shares of…

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