Greenwich, Conn.-based Fireman’s Fund Corp. has changed...
From Times Staff and Wire Reports
Greenwich, Conn.-based Fireman’s Fund Corp. has changed its name to Fund American Cos. Inc. The Fireman’s Fund Insurance Co. subsidiary retains its current name . . . Chile’s central bank was set to begin functioning autonomously today under a five-member board. It is the first in Latin America to do so . . . Argentina devalued its currency by 54% and raised gasoline prices by 59% in the second major austerity plan in five months. People holding bonds on Argentina’s $7-billion internal debt cannot cash them for two years and export taxes were jacked up 11%.
