PAULA Financial (NASDAQ:PFCO) announced 6/14/01 a strategic collaboration with Great Northern Underwriters (GNU) of Portland, Ore., whereby GNU will incorporate PAULA underwriting personnel into the GNU operation. PAULA personnel, under GNU management will provide exclusive managing underwriter services for PAULA in the Pacific Northwest. PAULA Financial and GNU have also agreed to terms that allow for PAULA to acquire Great Northern Underwriters at a future date.
The goal, according to PAULA executives is to produce a highly profitable and highly effective Northwest regional presence for bo...
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