January 28, 2003
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Travelers Sues Habitat for Humanity
-- Moldy home suit hits Habitat for Humanity (Sacramento Business Journal, CA,
January 17, 2003)
-- Habitat for Hummanity
-- Jimmy Carter and Habitat for Humanity
-- Jimmy Carter Work Project 2003
-- The Norwegian Nobel Committee
-- Travelers Insurance Company
-- Travelers Property Casualty Reports Fourth Quarter Net Loss Of $793.4
Million Resulting From Previously Announced Asbestos Reserve Charge Of $1.3
Billion (January 23, 2003)
-- Travelers Property Casualty's CEO Robert Lipp To Speak At Salomon Smith
Barney's Financial Services Conference (January 24, 2003)
-- The Law Offices of Cynthia Coulter Mulvihill, APC
This story speaks for itself . . . I've included links to several Habitat
for Humanity pages, and to Travelers also. The subrogation amount involved is
$145,900.
Thanks to the unnamed friend who let me know about this. You know who you
are. If anyone has more news about this, please let me know.
Moldy home suit hits Habitat for Humanity (Sacramento Business Journal,
CA, January 17, 2003)
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The spread of mold litigation knows no bounds. Ask Sacramento Habitat for
Humanity, a charitable group sued twice for mold damage in a house it built.
Travelers Indemnity Co. wants Sacramento Habitat for Humanity to repay what
the insurance company spent on mold cleanup, replacement costs and living
expenses for a Rio Linda woman who bought a house from the local charitable
organization, and helped build it.
Click here for: Moldy home suit hits Habitat for Humanity (Sacramento Business
Journal, CA, January 17, 2003)
Habitat for Hummanity
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Habitat for Humanity International is a nonprofit, ecumenical Christian
housing ministry. HFHI seeks to eliminate poverty housing and homelessness
from the world, and to make decent shelter a matter of conscience and action.
Habitat invites people of all backgrounds, races and religions to build
houses together in partnership with families in need.
Click here for: Habitat for Humanity
Jimmy Carter and Habitat for Humanity
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As President of the United States, Jimmy Carter was deeply committed to social
justice and basic human rights. He and his wife Rosalynn left the White House
in search of meaningful ways to contribute in these areas. In addition to
promoting peace and human rights through the nonprofit Carter Center in
Atlanta, they lead the Jimmy Carter Work Project (JCWP) for Habitat for
Humanity International (HFHI) one week each year.
Jimmy Carter's involvement with Habitat for Humanity International began in
1984 when the former president led a work group to New York City to help
renovate a six-story building with 19 families in need of decent, affordable
shelter. That experience planted the seed, and the Jimmy Carter Work Project
has been an internationally recognized event of HFHI ever since.
Click here for: Jimmy Carter and Habitat for Humanity
Jimmy Carter Work Project 2003
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Each year since 1984, former President and Jimmy Carter and his wife Rosalynn
have devoted a week to a labor of love--building houses with Habitat for
Humanity partner families. They have worked alongside partner families and
volunteers in locations throughout the U.S. and abroad. During the week of
June 6-13, 2003, the Carters will lead JCWP 2003 in three communities--
Valdosta and LaGrange, Georgia, and Anniston, Alabama--not far from their own
home in Plains, Georgia.
More than 2,000 volunteers are needed to join the Carters as they work
alongside homeowner family members, who are required to invest "sweat equity"
in the houses they will purchase. House sponsors and building materials also
are needed.
Click here for: Jimmy Carter Work Project 2003
The Norwegian Nobel Committee
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The Norwegian Nobel Committee has decided to award the Nobel Peace Prize for
2002 to Jimmy Carter, for his decades of untiring effort to find peaceful
solutions to international conflicts, to advance democracy and human rights,
and to promote economic and social development.
During his presidency (1977-1981), Carter's mediation was a vital
contribution to the Camp David Accords between Israel and Egypt, in itself a
great enough achievement to qualify for the Nobel Peace Prize. At a time when
the cold war between East and West was still predominant, he placed renewed
emphasis on the place of human rights in international politics.
Click here for: The Norwegian Nobel Committee
Travelers Insurance Company
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What is Travelers Insurance? Travelers Insurance is a leading provider of a
full range of insurance products. Travelers is a principal source of
homeowners and auto insurance for consumers, while also providing a broad
range of insurance for commercial markets, including workers' compensation
integrated disability, property, liability, specialty lines, surety bonds,
inland/ocean marine, and boiler and machinery.
Click here for: Travelers Insurance Company
Travelers Property Casualty Reports Fourth Quarter Net Loss Of $793.4
Million Resulting From Previously Announced Asbestos Reserve Charge Of $1.3
Billion (January 23, 2003)
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Per Share Net Loss Was $0.79 Compared To Net Income Of $0.39 In The 2001
Quarter; Net Written Premiums Grew 18% To $3.066 Billion In The Quarter; Net
Loss For Full Year 2002 Was $27.0 Million Or $0.03 Per Share
HARTFORD, Conn. - January 23, 2003 - Travelers Property Casualty Corp.
(NYSE: TAP.A and TAP.B) today reported a net loss for the fourth quarter of
$793.4 million or $0.79 per share, basic and diluted, compared to net income
of $303.3 million or $0.39 per share in the prior year quarter. The net loss
was attributable to the previously announced $1.297 billion after tax charge
for strengthening Travelers asbestos reserves.
Click here for: Travelers Property Casualty Reports Fourth Quarter Net Loss Of
$793.4 Million Resulting From Previously Announced Asbestos Reserve Charge Of
$1.3 Billion (January 23, 2003)
Travelers Property Casualty's CEO Robert Lipp To Speak At Salomon Smith
Barney's Financial Services Conference (January 24, 2003)
~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~
HARTFORD, Conn. - January 24, 2003 - Robert I. Lipp, Chairman and Chief
Executive Officer of Travelers Property Casualty Corp. (NYSE: TAP.A and TAP.B),
will present at the 2003 Salomon Smith Barney Financial Services Conference in
New York City on Tuesday, January 28, 2003, at 3:45 p.m. (EST).
A live webcast of the presentation will be accessible at http://www.travelers.com/investor/
An audio replay of the presentation will be available at the same website
within 24 hours for a period of 30 days.
Click here for Link to Travelers/SSB Website:
The Law Offices of Cynthia Coulter Mulvihill, APC
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Los Angeles Office: (626) 358-7471 Fax: (626) 358-2894
