Newsbriefs

AIG TO BUY AM GEN

American International Group Inc. came to an agreement under which it will buy American General Corporation in a estimated $24.6-billion...

ARGONAUT ACQUIRES FRONT ROYAL

In a move to expand its specialty insurance services, Argonaut Group Inc. signed a definitive agreement to acquire Morrisville, N.C.-based...

RELIANCE CHAIRMAN RESIGNS

Saul Steinberg resigned on May 1 as chairman of Reliance Group Holdings Inc. and its Philadelphia subsidiary, Reliance Insurance Co....

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