Ray Stone Quotations

We pre-positioned about 60, some in Houston and some in Atlanta, so we could set up a storm office as it unfolded and move the others in quickly.

St. Paul Travelers has the resources available to respondimmediately to the hurricane's impact, even in the wake of HurricaneKatrina. We know many of our customers are stillrecovering from Katrina, and we will continue to service ourpolicyholders even as we react to a second storm. Our Catastrophe Teamis expressly designed to be on the ground and highly responsive whenour customers need us most.

Consumers might be more vulnerable to economic disruptions and less inclined to spend but it's a matter of degree, ... So I think the Fed will simply watch what people do in the weeks ahead and my best guess is that it stays on a measured pace path of rate hikes.