The St. Paul Travelers Companies Inc. said today it will change its name to The Travelers Companies Inc.

The St. Paul-based company also said it has reacquired the red umbrella trademark for an undisclosed price. The highly recognizable mark represented Travelers for decades, including the several years it was part of Citigroup, from which it purchased rights to the symbol.

After the closing of the transaction expected late next month, the company will change its name to The Travelers Companies Inc. and will begin trading on the New York Stock Exchange under the new stock symbol "TRV." The transaction is subject to customary regulatory approvals.

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