(Editor's Note: The original version of this article listed the incorrect date for the filing of the company's Form 10-Q. The corrected version appears below.) Standard&Poor's placed its ratings on St. Paul Cos. Inc. (St. Paul) and its insurance subsidiaries (see list) on Credit Watch with negative implications on May 16, 2002. These ratings were placed on CreditWatch because of the uncertainty associated with St. Paul's determination to seek more aggressive early resolution of certain pending asbestos and environmental-related litigation and the resulting impact on this year's capital and earnings. This development was disclosed in St. Paul's Form 10-Q, which was filed on May 15, 2002. Standard&Poor's will be meeting with St. Paul's management in the
