March 4, 1997
WellPoint Health Networks Inc., a Woodland Hills managed-care company that is the parent of Blue Cross of California, said it has completed the acquisition of the group benefit operations and CCI subsidiaries of John Hancock Mutual Life Insurance Co. for about $86.7 million. These units have about 1.3 million members, bringing WellPoint's total membership to 5.8 million. The acquired businesses will be merged into WellPoint's subsidiary Unicare.
November 30, 1999 |
Nexell Therapeutics, an Irvine supplier of therapeutic and diagnostic products, said Monday that it has raised $63 million in preferred shares and warrants in a private placement with institutional investors. The company said in a press release it plans to use a portion of the proceeds to retire about $34 million in debt held by Baxter International Inc. New investors include John Hancock Mutual Life Insurance Co., Metropolitan Life Insurance Co. and Massachusetts Mutual Life Insurance Co.
CALIFORNIA | LOCAL
February 6, 1996 |
Final review of the lease for a new City Hall will be before the City Council tonight. If council members approve the lease with the John Hancock Mutual Life Insurance Co., the city is expected to move by June 30 from 23778 Mercury Road to an office building about a block away. City officials have negotiated a monthly rent of $1.36 per square foot--considerably less than the $2.17 per square foot that Lake Forest now pays. The monthly savings would total about $3,000.
CALIFORNIA | LOCAL
July 24, 1987 |
John Quincy Adams, descendant of Presidents John Adams and John Quincy Adams, has died at age 64, family members announced Wednesday. Adams, who died Monday at his home, was the great-great-grandson of the sixth President, John Quincy Adams, and the great-great-great-grandson of John Adams, the nation's second President. The son of the late Arthur Adams and Magery Lee Adams, Adams graduated from St. Paul's School in Concord, N.H., and was a member of the Harvard College Class of 1945.
August 24, 1986
Wallace Moir Co., a Beverly Hills-based mortgage banking firm, has arranged a $56-million permanent financing loan for American Savings Plaza in Sherman Oaks with John Hancock Mutual Life Insurance Co. The transaction represents the largest single-mortgage placement in the 59-year history of the firm, according to Moir President Parker Jackson. "We have enjoyed a continuous relationship as loan correspondent for John Hancock since our founding in 1927," he added.
January 31, 1990
John L. McCrea, 98, a retired vice admiral who was the naval aide to President Franklin D. Roosevelt during the first year of World War II. McCrea, who later became an aide to Roosevelt at the Casablanca Conference during World War II, left the White House in 1943 to become the first captain of the battleship Iowa, the ship that also carried Roosevelt to conferences in Cairo and Tehran. On Nov.
September 13, 1989 |
A jury awarded $26.1 million to a former insurance salesman who claimed that he was bad-mouthed by his employer and fired for saving his customers money. The jury agreed with Clifford Zalay that John Hancock Mutual Life Insurance Co. and one of its general agents libeled and slandered him. Zalay, who was fired in 1979, wept after Tuesday's verdict. "I took the position that I don't care how big they are and who they are, I'm going to fight to regain my integrity, my good name," he said.