Pan-American Life Insurance Company, a life and health insurer which has been known for its spectacular headquarters in New Orleans, says it now is running operations from offices in the Dallas area.[@@]

Here is a copy of the statement that the company has posted on its Web site:

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Due to the effects of Hurricane Katrina, our regular Web site – http://www.panamericanlife.com – is temporarily out of service.

However, our business processing capabilities are all operational. The company has put into effect a detailed disaster and recovery plan that was developed well in advance of this storm. All critical data with regards to the integrity of our policyholder information, our associates and our employees, as well as other financial information, is safe and fully backed up in off-site locations in other states.

Pan-American Life is a strong company with sound financial resources and capable professionals who will work together to overcome this unfortunate event. We are working closely with our systems and telecommunications professionals to fully restore all systems. At present, we have re-established operations from a remote location in Dallas, Texas.

The address is:

Pan-American Life

P.O. Box 539006

Grand Prairie, TX 75053-9006

A 60-day grace period has been extended to policyholders for the purpose of premium payments and other policy-related transactions; especially to those residents of Louisiana, Mississippi, Alabama and Florida.

We are continuing to re-establish contact with all of our employees, and we ask you to please call us as soon as possible. Both employees and policy owners can reach us toll-free at (877) 939-4550 during our normal business hours of 8 a.m. to 4 p.m. CST.

We will advise you and keep you informed of any progress in the days ahead. Together, we will come through this event as strong and solid as ever. Thank you for your patience.