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Transamerica Occidental Life Insurance of Los Angeles...

Transamerica Occidental Life Insurance of Los Angeles and Provident Life & Accident of Chattanooga, Tenn., ended a letter of intent under which Provident was to have bought Transamerica Occidental’s group life and health insurance operations . . . Los Angeles’ Security Pacific National Bank was the first foreign bank to receive approval to open a full-service branch office in Taipei, Taiwan . . . Gasoline prices from Jan. 23 to Feb. 6 rose an average of 1.81 cents a gallon nationwide to 92.77 cents, a smaller increase than in the previous two weeks, the Lundberg Survey said.

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