Washington--The American Insurance Association is negotiatingwith Marc Racicot, former governor of Montana and chairman of theRepublican National Committee during President Bush's first term,to be its new president, it was learned.

Mr. Racicot, 57, (whose name is pronounced Roscoe) is currentlya partner at Bracewell & Guiliani in Washington, D.C. The lawfirm has its roots in Houston.

One insurance industry lobbyist called the AIA's courting of Mr.Racicot "an astute move."

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