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BANKING & FINANCE

From Times Staff and Wire Reports

Xerox Unit to Sell Insurance Wholesalers: Xerox Financial Services Inc.'s insurance subsidiary has signed an agreement to sell two insurance wholesalers. Crum & Forster Inc. is selling Floyd West & Co. and Floyd West of Louisiana Inc. to Burns & Wilcox Ltd. of Southfield, Mich. The purchase price was not disclosed. The two Floyd West companies provide retail insurance companies access to specialty markets in the Southwest.


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