The St. Paul Travelers Companies, Inc. has issued the following bulletin:
“In connection with a widely reported, industry-wide investigation, St. Paul Travelers has received a subpoena from the Office of the Attorney General for the State of New York for documents relating to the offer or sale of “non-traditional”, or loss mitigation, insurance products.”
“St. Paul Travelers expects a similar request from the Securities and Exchange Commission and may receive similar requests from other governmental or regulatory authorities. St. Paul Travelers will cooperate fully with all such requests.”
Topics Profit Loss
Was this article valuable?
Here are more articles you may enjoy.
‘We’ll Want Some Proof’: State Farm CEO’s Take on NY Auto Insurance Reforms 
North Carolina Becomes First State to Pass Outright Ban on Litigation Financing 
Big I: Independent Agencies’ Market Share Up Slightly in 2025 
‘Ghost Broker’ Who Procured 1,120 Policies Through Fraud Arrested 
