Pacific Life of Newport Beach is changing mailing address to Omaha.

From: The Orange County Register (Santa Ana, California) (viaKnight-Ridder/Tribune Business News) | Date: May 7, 2005 | Copyright information

Byline: James B. Kelleher

May 7--Pacific Life, the Newport Beach-based insurer that's called California home since 1868, has notified state regulators that it wants to relocate its official head office to Nebraska this year, a move the company estimates will save it $10 million a year in taxes.

If the application, which was filed May 3 with the state Insurance Commission, is approved as expected, the move would take effect this summer and would bring the compa...