June 15, 2007

Donor May Have Been Wrongly Named in Insurance Case

By BRAD WOLVERTON

Officials of a Pennsylvania life-insurance company at the center of an investigation by Florida regulators said last week that they incorrectly named an insurance agent with close ties to Florida Atlantic University as being part of a suspicious transaction.

Barry Kaye, who has given more than $16-million to Florida Atlantic, was named last month in an investigation by Florida's Office of Insurance Regulation into the dealings of Coventry First, a Fort Washington, Pa., company that

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