Fremont General’s $82-million agreement to sell its...

Fremont General’s $82-million agreement to sell its property-casualty insurance business to investors headed by the subsidiary’s senior executives expired, the company reported without further explanation. When the sales agreement was announced last March, the Santa Monica-based financial services company said it aimed to concentrate on its profitable life insurance, commercial finance and banking operations. It has sought to get out of cyclical property-casualty insurance for more than two years.