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ACORDIA ANNOUNCES QUARTERLY DIVIDEND

 INDIANAPOLIS, Nov. 18 /PRNewswire/ -- On Nov. 17, the board of directors of Acordia, Inc. (NYSE: ACO) declared a quarterly dividend of $0.11 per share of common stock payable on Dec. 16, 1993, to stockholders of record at the close of business on Dec. 2, 1993.
 Acordia is the 7th largest insurance broker in the United States, and the 9th largest in the world.
 Acordia is a nationwide network of companies that provide insurance broking, claims administration and selected financial services. Unique among brokers, Acordia is structured to meet the needs of clients in geographic, demographic and industry markets.
 -0- 11/18/93
 /CONTACT: William Carmichael (media), 317-488-6248, or Thomas Vanneman (investors), 317-488-6246, both of Acordia/
 (ACO)


CO: Acordia, Inc. ST: Indiana IN: INS SU: DIV

KL-BM -- CL007 -- 5908 11/18/93 09:42 EST
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Publication:PR Newswire
Date:Nov 18, 1993
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