INSURANCE
From Times Staff and Wire Reports
20th Century Rethinks Strategy: Facing $325 million in earthquake claims and the loss of one-fourth of its capital and surplus, 20th Century Insurance Co. is likely to try to expand outside of Los Angeles to lessen the financial risk of another big earthquake, analysts say. The Woodland Hills-based insurer declined to comment on its plans but announced that it has doubled its catastrophe reinsurance coverage to $200 million.
