St. Paul Companies will pay out $700 million in insurance claims

Programs & Series | MPR News Feature | Topics | Business & Industry |
September 19, 2001
Mark Zdechlik - Reporter
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The Minnesota based St. Paul Companies... one of the nation's largest business insurers... says it's projecting nearly three quarters of a BILLION dollars in losses from last week's terrorist attacks. Despite the heavy cost, the company says it stands ready to pay ALL OF ITS CLAIMS and that it has sufficient assets to handle the losses. Minnesota Public Radio's Mark Zdechlik reports...

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