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SUPERIOR TAPS A NEW HOME.


Byline: Gregory J. Wilcox Daily News Staff Writer

Superior National Insurance Group Inc., the largest private-sector writer of workers' compensation workers' compensation, payment by employers for some part of the cost of injuries, or in some cases of occupational diseases, received by employees in the course of their work.  policies in California California (kăl'ĭfôr`nyə), most populous state in the United States, located in the Far West; bordered by Oregon (N), Nevada and, across the Colorado River, Arizona (E), Mexico (S), and the Pacific Ocean (W). , said Tuesday it will consolidate its national corporate headquarters into a two-story, 90,878-square-foot facility in Calabasas.

About 400 people will work at the new building at 26541 Agoura Road, just a few blocks down the street from the company's current headquarters. That staffing level is about double the number of workers now at Superior's headquarters.

The lease is for 10 years with the move planned for November. The value was not announced.

The move is necessary because Superior has been growing its business through consolidation. In the last two years, the Years, The

the seven decades of Eleanor Pargiter’s life. [Br. Lit.: Benét, 1109]

See : Time
 company has more than quadrupled its size by acquiring Pac Rim Holding Corp. of Woodland Hills in 1997 and Business Insurance Group of Rancho Cordova Rancho Cordova (răn`chō kôrdō`və), uninc. residential city (1990 pop. 48,731), Sacramento co., N Calif. A suburb of Sacramento, it experienced rapid growth in the late 20th cent.  last year.

The Pac Rim unit will continue to work out of its Woodland Hills facility, said J. Chris Seaman SEAMAN. A sailor; a mariner; one whose business is navigation. 2 Boulay Paty, Dr. Com. 232; Code de Commerce art. 262; Laws of Oleron, art. 7; Laws of Wishuy, art. 19. The term seamen, in it most enlarged sense, includes the captain a well as other persons of the crew; in a more confined , Superior's chief financial officer.

Operations at Rancho Cordova remain uncertain.

``I'm not saying a thing about that. I'm not talking about any plans to reduce or transfer people because those plans have not been announced,'' he said.

Superior is a national workers' compensation carrier with $750 million in premiums and more than 1,400 employees nationwide. The company does business in 45 states.

Associate directors Duane Cody and Ron Wade at Cushman & Wakefield represented the owner of Superior's new building, Kilroy Realty realty n. a short form of "real estate." (See: real estate)


REALTY. An abstract of real, as distinguished from personalty. Realty relates to lands and tenements, rents or other hereditaments. Vide Real Property.
 Corp. Jeremy Dee, president of Corporate Realty Associates Inc., represented Superior.
COPYRIGHT 1999 Daily News
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1999, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Business
Publication:Daily News (Los Angeles, CA)
Date:Jun 2, 1999
Words:253
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