StPaul Travelers Pays Dividend to Bankers

St. Paul Travelers (NYSE:STA) yesterday announced that about 700 members of the Independent Community Bankers of America (ICBA) will share a $905,883 dividend due to their participation in the ICBA/St. Paul Travelers Insurance Program with SelectOne(SM). The 4.9 percent dividend, which applies only to the property and casualty coverages, is the result of efforts by ICBA member banks in managing various insurance exposures in the workplace and reducing insurance claims. This "safety group" dividend is just one feature of the ICBA/St. Paul Travelers Insurance Program with SelectOne, offered ...