LAW & REGULATION
From Times Staff and Wire Reports
Nebraska Joins Suit Against Executive Life: The Nebraska Investment Finance Authority will join Norwest Bank Minneapolis as a co-plaintiff in a California lawsuit against Executive Life Insurance Co. to protect its agricultural bond holders. NIFA Executive Director Larry Bare said the suit will seek a judgment that contracts issued by Executive Life to secure NIFA’s Agricultural Revenue Bonds be treated equally with the insurance company’s other insurance products.
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