July 8, 1999 |
Fresh out of college, Bill Gross parlayed $200 into $10,000 at the Las Vegas blackjack tables, and he lives on Monte Carlo Drive in Laguna Beach. Sound like the kind of guy you'd want handling your investment portfolio? In fact, William H. Gross--Ohio native, Vietnam veteran, Duke University undergrad, UCLA MBA--has become one of the nation's most trusted asset managers.
September 26, 1995 |
State insurance regulators said Monday that they will seek a record $5-million fine against a unit of German insurance giant Allianz for allegedly hoodwinking Californians into buying universal life insurance under the guise of retirement savings plans. Regulators say that Minneapolis-based Allianz Life Insurance Co.
August 3, 1990 |
Fireman's Fund Insurance Co. said Thursday that it has agreed to be bought for $3.3 billion in cash by Allianz AG of Munich, West Germany, already Europe's largest insurer and a company long intent on expanding in the lucrative U.S. market. Fireman's Fund, based north of San Francisco in Novato, Calif., is the main subsidiary of Fund American Cos. of Greenwich, Conn. Last year, Fireman's Fund ranked 15th among U.S.