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Eichner, who since February has been president of GenAmerica subsidiary General American Life Insurance Co. NEW YORK -- The Board of Directors of General American Investors Company authorized the repurchase of up to 250,000 outstanding shares of common stock when the shares are trading at a discount from the underlying net asset value of at least 8%. State insurance regulators are trying to gauge the suitability of insurers issuing instruments such as guaranteed investment contracts, a concern that took on new urgency last year when General American Life Insurance Co. |
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