Updated 8:45 p.m. ET.
The Travelers Companies, Inc. Friday announced with great sorrow the passing of Jay S. Fishman, its Executive Chairman of the Board and former Chief Executive Officer, who transformed Travelers into one of the best-performing companies in the financial services industry and the only property casualty insurer in the Dow 30.
“We are greatly saddened by the loss of our esteemed colleague and friend. Our thoughts are with his wife Randy and the entire Fishman family during this difficult time,” said John H. Dasburg, who succeeds Mr. Fishman as non-executive Chairman of the Board. “Jay was an inspirational leader, and he built a management team that has established Travelers as a clear industry leader. Jay will be missed by the entire Travelers family.”
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