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Travelers' Operating Profits Top Forecasts; Stock Rises 5%

The Hartford Courant, Connecticut Car Insurance
Published: Friday, April 25, 2008 

Apr. 25--Net income fell 11 percent at The Travelers Cos. in the first quarter, but operating profits topped analysts' estimates and the insurer raised its profit forecast for 2008. Travelers' bottom line of $967 million included a substantial boost from money that was reserved for previous years' claims but was later not needed.....

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