BUSINESS
January 6, 1999 | Barbara Marsh
Centris Group Inc., the Costa Mesa insurance company, said it completed its acquisition of two companies from Canadian Seaboard North American Holdings Inc. for about $43 million in cash. The two Indianapolis-based Seaboard units--VASA North America Inc. and Seaboard Life Insurance Co.--will expand the Costa Mesa firm's "stop-loss" insurance coverage for companies facing huge medical claims from employees. The acquisitions also will increase Centris Group's life-insurance business.