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New York Life Insurance Co

BUSINESS
September 15, 1998 | From Bloomberg News
PacifiCare Health Systems Inc.'s stock rose 10% on Monday on speculation that the company, the nation's largest Medicare health maintenance organization, is being targeted for a takeover. PacifiCare's widely traded nonvoting Class B shares rose $7.25 to $77 on Nasdaq. Earlier in the session, shares hit $85.50. Santa Ana-based PacifiCare wouldn't confirm or deny that it's in merger talks, company spokeswoman Alexandra Warnier said.
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NEWS
November 16, 1990
Thurston H. Ross., a real estate appraiser and economist who flew for the Signal Corps during World War I and served as a strategist for the Joint Chiefs of Staff during World War II, died Sunday in Battle Ground, Wash., where he was living with his son. The pioneer teacher, expert witness and government and commercial property appraiser was 96.
CALIFORNIA | LOCAL
March 12, 2011 | By Elaine Woo, Los Angeles Times
Martin Marootian, a retired pharmacist who stood up for Armenian genocide victims as the lead plaintiff in a lawsuit that resulted in a $20-million settlement from New York Life Insurance Co. for failing to honor claims on policies sold to thousands of Armenians slain during the last years of the Ottoman Empire, has died. He was 95. Marootian died Feb. 25 of natural causes at his home in San Diego, said his daughter, Andrea. In 1999 Marootian joined a legal battle to force New York Life to honor policies purchased by more than 2,000 Armenians, most of whom perished in what some historians have described as the first genocide of the 20th century.
CALIFORNIA | LOCAL
January 29, 2004 | Henry Weinstein, Times Staff Writer
New York Life Insurance Co. has agreed to pay $20 million to settle a lawsuit filed in Los Angeles by heirs of Armenian genocide victims who accused the company of failing to honor valid claims. The company and lawyers for the heirs said the pact would resolve claims on more than 2,000 policies issued to Armenians in the Ottoman Empire before 1915. From 1915 to 1923, about 1.
BUSINESS
August 19, 1999 | LIZ PULLIAM, TIMES STAFF WRITER
Metropolitan Life Insurance Co. agreed Wednesday to pay at least $1.7 billion to settle allegations that 7 million of its current and former policyholders were hit with deceptive sales practices.
BUSINESS
December 14, 2001 | RONALD D. WHITE, TIMES STAFF WRITER
Aetna Inc., the nation's largest health insurer, said Thursday it will cut 6,000 jobs, or roughly 16% of its work force, as it continues struggling to digest its acquisitions of the 1990s. Aetna's latest move follows 5,000 other job cuts it has announced already this year and a third-quarter loss of $54.4 million. About 4,400 of the latest reductions will come through layoffs, with the other 1,600 through attrition.
CALIFORNIA | LOCAL
September 10, 1987 | Bob Schwartz
It was a matter of one old-timer making way for some others. In the predawn hours today, if all went well, an 82-year-old Victorian house that had stood in the path of a planned senior citizen complex was to be spirited away from South Sycamore Street. Then it was to be placed on an empty lot on North Lacy Street in French Park--badly in need of repair and a new owner but with a brighter future than it has had for several years. The white clapboard house, built in 1905 by William L.
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