NU Online News Service, Oct. 22, 2:53 p.m. EDT

The Travelers Companies, Inc., reported third quarter net income rose 337 percent over the same period last year thanks to improved underwriting and investment performance from the prior year.

“A lot of good things happened in this quarter,” said Jay Fishman, chairman and chief executive officer for the St. Paul, Minn., based company during a conference call with analysts.

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