INSURANCE
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From Times Staff and Wire Reports
Judge Extends First Capital Bid Deadline: The state Insurance Department persuaded Superior Court Judge Kurt Lewin to grant bidders more time to improve their offers for First Capital Life Insurance Co. At a scheduled hearing on the bids, Lewin agreed to extend the bidding until Thursday. Final bids were to have been submitted last Friday for the San Diego-based insurer, but Pacific Mutual came forward with a better offer Monday, said Norman Hile, a lawyer for the Insurance Department.
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