St. Paul-based Travelers reports a very profitable third quarter for
the home and auto insurer.

Net income for the three months ending in September is up 15 percent
at $1.2 billion, helped by increases in both premiums and investment
earnings. That raises its profits for the year to date to $3.5 billion.

The company says it has raised home insurance rates this past year an
average 9 percent nationwide.

In Florida, operating under the moniker of First Floridian, the
company seeks to raise home insurance rates an average four percent,
after lowering them 8 percent in June.