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Insurance News - (AFX UK Focus) 2006-05-22 18:05 GMT: AGF has no plans

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(AFX UK Focus) 2006-05-22 18:05 GMT: AGF has no plans to securitize auto insurance portfolio (Interactive Investor)
PARIS (AFX) - Assurances Generales de France (AGF), owned 58.1 pct by Germany's Allianz AG, has no plans to securitize its portfolio of auto insurance policies, a move announced by its French rival Axa late last year.

California Resident Arrested for Auto Insurance Fraud (Insurance Journal)
A Twentynine Palms, Calif., resident has been charged with three felony counts of insurance fraud. Jacob Leatherberry, 32, is charged with three felony counts of insurance fraud related to a 2005 auto
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