POLICY MANAGEMENT <PMSC> MAKES ACQUISITION
Policy Management Systems Corp
said it has acquired the majority of the assets and business of
Allied Research Inc of Salem, Ore., and Consolidated Insurance
Services Inc, of Springfield, Va., for undisclosed terms.
    It said the two companies, which had combined 1986 revenues
of about two mln dlrs, provide underwriting information
services to property and casualty insurers.
 Reuter
