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Leucadia National Corporation and Allcity Insurance Company Announce the Appointment of New President and CEO

19 September 2000

Leucadia National Corporation and Allcity Insurance Company Announce the Appointment of New President and CEO

    NEW YORK--Sept. 19, 2000--Leucadia National Corporation (LUK-NYSE and PCX) and Allcity Insurance Company (ALCI - NASDAQ) announce the appointment effective September 18, 2000 of H. E. Scruggs as President and CEO of the Empire Insurance Group. He will succeed Robert V. Toppi, who is retiring. Mr. Scruggs has been an executive at various Leucadia operations in recent years.
    The Empire Group includes Empire Insurance Company, Allcity Insurance Company and Centurion Insurance Company. The companies specialize in commercial and personal property and casualty insurance business, primarily in the New York metropolitan area. They provide insurance products for medallion and radio-controlled livery vehicles, general liability coverage, property coverage and workers' compensation to commercial accounts and private passenger automobile and homeowners products to individuals.