Nantucket was once one of the richest places in America, built on the profits of the whale oil industry. Even today in the delectable old town there are fine brick houses with silver mailboxes.Old-time sailors used to call Nantucket “The Little Grey Lady of the Sea.” On the misty morning I first arrived there, I could understand why. A woman was riding a horse along the beach to the utter delight of her family aboard my ferry, and she bore a banner that said “Crazy Aunt Rides Again.” It is a unique place.
In 2004, the St. Paul and Travelers Companies merged and renamed itself St. Paul Travelers, with the headquarters set in St. Paul, Minnesota. In August of that year, it was charged of misleading statements associated with the merger. Despite many assurances from CEO Jay Fishman that the newly formed company would retain the St. Paul name, the corporate name only lasted until 2007, when the company repurchased the rights to the famous red umbrella logo from Citigroup and readopted it as its main corporate symbol, while also changing the corporate name to The Travelers Companies.