Travelers net income drops 25 percent on catastrophes (update2)

By Andrew Frye July 23 (Bloomberg) -- Travelers Cos., the No. 2 US commercial insurer, posted its third straight profit decline on costs from the record number of tornadoes in the second quarter.Travelers Posts 25% Fall in Net Wall Street JournalTravelers Cos posts lower quarterly earnings ReutersThe Associated Press - Business Insurance