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REGIONAL ROUNDUP

Amwest Insurance to Pay $1.9 Million in Rebates

August 27, 1996

Amwest Insurance Group Inc. reached a settlement with state insurance regulators over Proposition 103 rebates.

The Woodland Hills-based surety and property and casualty company said the settlement amount is $1.9 million.

Amwest also said it had previously set aside reserves to cover that sum, so the settlement will not have any further impact on Amwest's earnings.

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