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Will Travelers Take $1 Billion Asbestos Charge?

Will Travelers Take $1 Billion Asbestos Charge?NU Online News Service, Jan. 28, 3:16 p.m. EST?Travelers Property Casualty Corp., eager to start its merger with The ...

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Will Travelers Take $1 Billion Asbestos Charge?

NU Online News Service, Jan. 28, 3:16 p.m. EST?Travelers Property Casualty Corp., eager to start its merger with The St. Paul Companies Inc. with a clean slate, could take an asbestos charge in the $1 billion range, according to New York-based investment bank Fox-Pitt, Kelton.[@@]

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