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American Atlas acquires 99 percent of LaSalle companies
The American Atlas Corporation bought 99 percent of the LaSalle Casualty and LaSalle Life Insurance of Chicago, boosting annual income by about 2 million dollars. LaSalle, on Michigan Avenue in Chicago, operates in 14 states. Atlas had prior Texas insurance firm affiliations and aims to fund rapid growth through liquid assets and further mergers to become a leading national insurer.
MENTIONED IN THIS ARTICLE
American Atlas Corporation
LaSalle Casualty
LaSalle Life Insurance Companies
Chicago
LaSalle Companies
Michigan Avenue
Million Dollar Row
Texas
American Atlas