Unsure of Earnings, St. Paul Delays Report

Article Abstract:

The St. Paul Travelers Companies, formed by the recentvmerger of the St. Paul Companies and the Travelers Property Casualty Corporation, surprised investors by delaying its financial statements until guidance from the Securities and Exchange Commission is received.

Fire, marine, and casualty insurance, Reports, Property and casualty insurance industry, United States. Securities and Exchange Commission, St. Paul Travelers Cos., SPC, Travelers Property Casualty Corp.

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A.I.G. Hits Bonus Pool To Pay Bulk of Penalty

Article Abstract:

The American International Group announced that most of the money used to pay a $126 million dollar settlement with federal regulators came out of executive bonuses, and thus the fourth quarter was still profitable.

Legal issues & crime, Sales, profits & dividends, Personnel administration, Company legal issue, Human resource management, Investigations, American International Group Inc., Company sales and earnings, Company earnings/profit, Company personnel management, AIG

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Homeowners Come Up Short On Insurance

Article Abstract:

The insurance industry has phased in a new method of assessing property damage reimbursements, which has left many customers receiving much less than they had expected.

Marketing procedures, Services information, Services, Homeowners' insurance, Customer relations

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