Metropolitan Life Insurance is the largest life insurer in the United States with approximately $2.1 trillion in life insurance in force as of December 31, 2001. MetLife had not invested in the latest technology for processing claims. As late as 1999, however, most of its claims processing was paper based...
Company to Offer $60,000 in Scholarships to Students in San Francisco, Atlanta, Houston and Los Angeles WALNUT CREEK, Calif. -- Massachusetts Mutual Life Insurance Company MassMutual today announced the launch of a new national multicultural scholarship program that will offer $60,000 in scholarships and potential internship opportunities in...
Company to offer $60,000 in scholarships to students in Atlanta, Houston, Los Angeles and San Francisco SPRINGFIELD, Mass., Oct. 27 /PRNewswire/ -- Massachusetts Mutual Life Insurance Company MassMutual today announced the launch of a new national multicultural scholarship program that will offer $60,000 in scholarships and potential...
CARMEL, Ind., Oct. 20 /PRNewswire-FirstCall/ -- Conseco, Inc. announced that Grace E. M. Cowan will join the company as senior vice president of operations, effective October 27. She will report to Russ Bostick, Conseco's executive vice president of technology and operations. Her responsibilities at Conseco will...
Pacific Capital Bank has signed a 64-month lease for office space, which is valued at $2.3 million. The 20,677-square-foot space on the first floor at Scripps Wateridge, located at 10770 Wateridge Circle, is being leased in addition to the approximately 20,000 square feet of office space Pacific Capital already occupies...
NEW YORK -- Fitch Ratings has downgraded the following Farmer Mac Guaranteed Notes Trust transactions listed below, effective immediately: Series 2006-2 --$1,000,000,000 guaranteed notes to 'AA-' from 'AAA'. Series 2007-1 --$1,000,000,000 guaranteed notes to 'AA-' from 'AAA'. Farmer Mac Guaranteed...
NEW YORK -- This is a correction for a message issued on October 8, 2008. It amends the ratings. Fitch Ratings has downgraded the following Farmer Mac Guaranteed Notes Trust transactions listed below, effective immediately: Series 2006-2 --$1,000,000,000 guaranteed notes to 'AA' from 'AAA'....
CHICAGO and RICHMOND, B.C. Sept. 30 /PRNewswire/ -- The Midway Investment and Development Corporation ("MIDCo"), comprised of Citi Infrastructure Investors, Vancouver Airport Services YVRAS and John Hancock Life Insurance Company today announced that it has won a US$2.521 billion, 99-year lease contract to operate and develop the first privatized major...
With Oklahoma apparently heading toward untold deep gas wealth, insurance giant Metropolitan Life pursued two of the most prominent, yet fundamentally different office projects in state history. * At more than 60 stories, Leadership Square promised what would have been the Sooner State's tallest building, capitalizing...
Woodside Group LLC, a Utah-based homebuilder with projects throughout the Southwest, won't contest a move by lenders led by JPMorgan Chase Bank NA and a group of noteholders to force the company into bankruptcy. Closely held Woodside will put the company and more than 200 affiliates into...
A highly watched Supreme Court case has added uncertainty to the finality of insurer-administrators' employee benefits denials. Ending its 2007-2008 term, a divided high court ruled that an insurer that both decides and pays benefits has a conflict of interest that may be weighed by a federal court in reviewing...
Cinque completed an 88,000 s/f sublease for Advanced Health Media, Inc. at 300 Somerset Corporate Boulevard in Bridgewater in just 45 days. He has 15 years of experience in the New Jersey commercial real estate market and has completed over 400 transactions valued in excess of $450 million. He has...
The plaintiff, individually and on behalf of the estate of her deceased husband, sought to recover supplemental life insurance benefits that were part of the Verizon Employee Group Benefits Plan issued by the decedent's employer. The defendant, Metropolitan Life Insurance Co., is the claim administrator for the plan, and it...
Projects, developments and other activity in cities in and around OC IRVINE Construction crews are making progress on what's billed as an environmentally friendly apartment complex near Jamboree Road and Main Street. Main Street Village, also known as the MetLife Apartments, is set to be Orange County's first...
U.S. Supreme Court Erisa Disability Metropolitan Life Insurance Co. v. Glenn No. 06-923 Certiorari to the Sixth Circuit Background: The petitioner is an administrator and...
U.S. Supreme Court ERISA Disability Metropolitan Life Insurance Co. v. Glenn No. 06-923 Certiorari to the Sixth Circuit Background: The petitioner is an administrator and insurer of the Sears disability plan, which...
[ILLUSTRATION OMITTED] CHARLOTTE, N.C. -- Charlotte represents one of the most vibrantly growing areas in the country. Benefiting from a host of positive factors ranging from its mild climate to its diverse and expanding economic base, the city is poised to become a major metropolitan center in the...
MURDER Force embarrassed by Nisha Patel-Nasri's links to escort agency Special constable by day, vice madam by night. Nisha Patel-Nasri might have blushed had she heard the paeans of praise from some of London's most senior police officers in the days after her...
THE cheating husband of special constable Nisha Patel-Nasri is facing a life sentence after being convicted of organising her murder. Fadi Nasri, 34, had his wife stabbed to pay for a luxury lifestyle with his glamorous eastern European mistress using a pounds 350,000 life insurance policy. ...
Articles 2008-05-29
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