NU Online News Service, Dec. 11, 2003, 6:57 p.m. EST – French Prime Minister Jean-Pierre Raffarin has agreed to sign a $770 million settlement to resolve a dispute over the failure of Executive Life Insurance Company, Los Angeles, according to press reports.[@@]
Credit Lyonnais S.A., Paris, a French bank, acquired Executive Life in the early 1990s, around the time the insurer failed.