Teledyne Inc. said its United Insurance Co....

Teledyne Inc. said its United Insurance Co. of America unit agreed to acquire Union National Life Insurance Co., a privately held Baton Rouge, La., company, for a undisclosed amount of cash . . . Assets of the nation’s 463 money market mutual funds rose by $2.42 billion to a record $347.07 billion in the latest week, the Investment Company Institute said.