Life Insurance Company of California
Life Insurance Company of California
- Life Insurance Company of California
- California Life, C.L. Financial, California Life – California Life Insurance Company, California Life Corporation, EF Hutton, E. F. Hutton Life Insurance Co., Hutton Life, First Capital, American Express and Shearson, Pacific Corinthian Life Insurance Company, Pacific Life Insurance
- Cal-Del Corporation – (Wholly-owned subsidiary of California Life Corp.)
- EF Hutton
- 1981 0511 – Ventura County Star / NYT – ‘Universal’ insurance making gains – newspapers.com/article/ventura-county-star/146622810/
- The Life Insurance Co. of California was the first to sell the universal policies, in January 1979. Its name later was changed to Hutton Life.
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- Life Insurance Company of California was formed in 1963 as a wholly owned subsidiary of the management company and has achieved considerable success through the dual licensing of nearly all the men in the existing fund sales force to sell both funds and life insurance.
— Alan Richards, Life Insurance Company of California
1967 – SOA – New-Company Problems, Society of Actuaries – 38p
1960s
- 1965 – Richard B. Burstein (F.S.A.), Executive VP & Chief Actuary, California Life Insurance Co, 3255 Wilshire Boulevard, Los Angeles, CA 90010 213/487-4310- actuary.org/sites/default/files/files/yearbook_1981.pdf
- 1967 – SOA – New-Company Problems, Society of Actuaries – 38p
- 1969 0925 – Oakland Tribune – Being Jimmy Hoffa’s Friend Can Be Quite Profitable, By Gene Ayres and Jeff Morgan – p133-134
- A conservator was appointed for Reliable and a certified accounting firm, trying to put Reliable’s books in order, lopped $3.5 million from the company’s statement. At the end of that year, 1966, Reliable showed a policy-holders’ surplus of only $23,449, compared with a similar figure of $437,934 the year before.
- After the examiners’ report, the California Insurance Department forced California Life to stop dealings with Reliable. Thus, the two-firm buffer, which had the effect of obscuring the fact that premium money was flowing from the Chicago-based Teamster Pension Fund to a company (Reliable) purchased by a loan from the fund itself, was destroyed. After the trustee resolution of March, 1965, Allen Dorfman, his mother Rose, and his brother, Jay, came into the open on June 30, 1966, as the full owners of Reliable.
- On that date they signed a contract stating they owned 100 per cent of Reliable and listing as its debts $150,000 to Health Plan Consultants, Inc., another Dorfman firm; $1.2 million to American National Bank, and more than $4.9 million to the Teamsters Central States Pension Fund.
- 1969 / 1970 Multiple Dates – GOV (House) – Private Welfare and Pension Plan Legislation, John H. Dent (D-PA)
1970s
- 1973 1218 – NYT – Insurer Unit Name Change – [link]
- C.L. Financial, a holding company for the California Life Insurance Company, plans to change its name to the California Life Corporation, Harry H. Mitchell, chairman, said yesterday.
- 1979 0823 – NYT – An Early Exit for Smith As Coca‐Cola’s President –
- California Life Insurance Co subsidiary names Robert E Callahan, who … Joseph P. Monge, a 67‐year‐old retired vice chairman of the …
1980s
- 1980 0121- WSJ – California Life Corp. Names Mariska as Chief Executive
- Mark D. Mariska, 36-year old president of California Life Corp. since August, was given the added post of Chief Executive Officer, succeeding Joseph P. Monge, 69.
- Mr. Monge was named chairman and Chief Executive of the troubled life insurance holding company in May 1979 after prior management was ousted in the midst of a dispute with auditors.
- Mr. Monge also resigned as chairman of the board, the company said, was named chairman of the executive committee.
- Mr. Mariska said the post of board chairman won’t be filled.
- 1980 0808 – NYT – Filling a Gap at California Life, – [Mark D. Mariska], by Leonard Sloane — [BonkNote] — [link]
- JFK Release – 13p-archives.gov/files/research/jfk/releases/docid-32309923.pdf
- “Paul Dorfman and Rose Dorfman and their son, Allen, have long been alleged to be the liaison between James R. Hoffa and Chicago Racketeers.
- They have reportedly been the source of large sums of money for Hoffa.
- The McClellan Committee disclosed that the Dorfmans had obtained millions of dollars in commissions from Teamster insurance programs. Since the McClellan investigations, much of the Dorfmans’ activity has been conducted through “front” organizations operated by Dorfman associates.
- Their principal associate’s are Irwin R. Weiner, Sol C. Schwartz, Irving R. Nemerov, Bernard N. Nemerov, Rossi Miller and Theodore Shulman. Ross Miller and Ted Shulman allegedly the front for the Dorfmans in the control of the Dunes and Riviera Hotels in Las Vegas.
- “The Nemerovs allegedly represented Dorfman interests in
Trans-Continental Life Insurance Co. incorporated in Illinois in June 1958 and subsequently sold to Spencer Austrian. - Presently the Nemerovs run the California Life Insurance Co. of Oakland, California (Chicago office at 134 North LaSalle) which was purchased from the Teamster–allied Laundry Workers Union.
- Involved in this company’s operations are Jack Goldberger and Jim Harding.
- “Paul Dorfman and Rose Dorfman and their son, Allen, have long been alleged to be the liaison between James R. Hoffa and Chicago Racketeers.
- 1981 0511 – Ventura County Star / NYT – ‘Universal’ insurance making gains – newspapers.com/article/ventura-county-star/146622810/
- The Life Insurance Co. of California was the first to sell the universal policies, in January 1979. Its name later was changed to Hutton Life.
1990s
- 1995 0910 – Tampa Bay Times – Butterfield doomed Nixon, but helps bring him to movie life, By Jay Horning – [link]
- Then he joined California Life Corp., a Los Angeles financial holding company, as its president. – re: Alexander Butterfield
- 1965 – Richard B. Burstein (F.S.A.), Executive VP & Chief Actuary, California Life Insurance Co, 3255 Wilshire Boulevard, Los Angeles, CA 90010 213/487-4310- actuary.org/sites/default/files/files/yearbook_1981.pdf
- Alexander Butterfield
- deputy assistant to President Richard Nixon from 1969 to 1973
- Robert E. Callahan
- Lowell Clucas, Jr.
- educationforum.ipbhost.com/topic/13941-george-de-mohrenschildt-and-george-h-w-bush/page/5/
- CATALOGUE – OCTOBER 1983 – VOL. I – LIVING MEMBERS
- Dorfmans
- Mark D. Mariska
- Hugh F. McKenna
- Harry H. Mitchell
- Bernard N. Nemerov
- Irving R. Nemerov
- Joseph P. Monge
- Louis Saperstein
- Booth v. Security Mutual Life Insurance Company, 155 F. Supp. 755 (D.N.J. 1957)
- Russia
