Sw:rn Secure Products, lnc.

Displaying fine log construction with hardwood floors, stairways and cabinets, the home was landscaped by her husband, John, director and founder of the Rare Conifer Foundation. He is also developing an arboretum in the valley where the house is located. To date, it contains 340 species and cultivars of rare and threatened cone bearing trees from around tie world, including seedlings from Tibet, China, Africa's Atlas Mountains, Europe and South America.

Fibreboard Insurers May Pay

Possibly ending more than a decade of litigation, two large insurance companies have agreed to provide up to $3 billion to Fibreboard Corp., Concord, Ca., to pay asbestosrelated personal-inj ury clains.

After prolonged litigation, insurers Chubb Corp. and CNA Financial Corp. had agreed over the past two years to cover some claims, but this settlement is a sharp inctease, offered in exchange for a promise of a limit to their future liabilities.

The agreement, which must be approved by a federal judge, creates a mechanism to pay claims of an estimated 325,000 people who may have been harmed by asbestos manufactured by Fibreboard from the early 1940s to the late 1960s. Some 104.000 cases have been settled, but not yet fully paid. Another 63,000 cases are pending.

While releasing the insurers from unlimited liability far into the future, the proposal could save Fibreboard. For years, the manufacturer has lived with the possibility that its claims against the insurers could be thrown out of court, forcing the company into Chapter ll bankruptcy.

If the settlement is approved, Fibreboard would be without "further unreimbursed expenses associated with asbestos personal-injury liabilities" and could once more "function as a normal company" in gaining access to equity and debt financing, said chairman John D. Roach.

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