Travelers Falls Most Since 2011 as Hail, Hedge Funds Hurt ProfitBy and
Shares erase gain for year as profit misses analyst estimates
Dividend raised almost 10 percent to 67 cents per share
Travelers Cos., the lone property-casualty insurer in the Dow Jones Industrial Average,
fell the most since 2011 after first-quarter profit slipped 17 percent as catastrophe costs climbed and investment income dropped on lower hedge fund returns.
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