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Pacific Life

NEWS
April 6, 2003
BUSINESS Pacific Life on Fortune 500 list for third straight year Fortune Magazine released its annual Fortune 500 list on Monday and, for the third consecutive year, a Newport Beach company made the cut. The list, which chronicles the top 500 revenue generators in the country, included Pacific Life Corp., a local insurer. Pacific Life moved up on the 2002 list to 419 from 439 the year before. The company pulled in $3.8 billion during that year from its string of insurance and financial businesses.
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NEWS
February 5, 2002
Paul Clinton NEWPORT-MESA -- Newport Beach's assemblyman raised more money last year than any other Orange County member of the state Legislature. Assemblyman John Campbell, who represents Newport Beach, collected $243,798 during 2001, about $16,000 more than either Assemblyman Lou Correa (D-Santa Ana) or Assemblywoman Lynn Daucher (R-Brea). Campbell, who took over as the vice chairman of the Assembly's budget committee after only his first year in office, has quickly ascended to a leadership role in the Assembly.
NEWS
April 21, 2005
It was an evening of hope. Court Appointed Special Advocates of Orange County held its 12th annual "Celebration of Children" at the Westin South Coast Plaza Hotel in Costa Mesa. The black-tie event raised needed funds to protect the rights of abused children who might one day be proud to wear black tie to help others in need. The festivities attracted a crowd of 400 guests, who raised more than half a million dollars. 2005 was the year of Ron Herzig, who received the group's highest honor, Advocate of the Year.
NEWS
April 5, 2001
"One child at a time" is the slogan of CASA, formally known as Court Appointed Special Advocates. The Orange County-based organization that function's as a "child's voice in court"celebrated recently to raise funds and awareness of the need for child advocacy in the legal system. Outstanding supporters of CASA gathered at The Sutton Place Hotel, Newport Beach for the 8th annual "Celebration of Children." Richard Gadbois III, vice president of Merrill Lynch, was honored with CASA's highest distinction, "Children's Champion."
FEATURES
By By Lindsay Sandham | December 3, 2005
Avalon recently announced that 25 apartments will be discounted for those with lower incomes. Newport Beach and Costa Mesa may be viewed as relatively affluent areas in Southern California. But there are many seniors living on fixed incomes who cannot afford to live here. The staff at Avalon at Newport -- a Newport Beach independent assisted living community -- received many requests to address the needs of low-income seniors, while undergoing a major remodel for the past two years.
NEWS
September 10, 2003
Co-workers shocked by molestation charges Newport Beach-based Pacific Care insurance company employees are disturbed by the arrest of two of their co-workers who have been accused of engaging in sexual acts with several girls as young as 3, a spokesman said on Wednesday. Orange County Sheriff's deputies raided the Rancho Santa Margarita home of David Shouthy Hwang and his new wife, Sheila Marie Sikat, 23, last week and found more than 100 homemade video tapes of Hwang molesting the girls, officials said.
NEWS
July 12, 2005
Andrew Edwards It doesn't look like it's going to take Newport Beach 100 years to raise enough money to throw a big party. More than $250,000 already has been pledged and collected for Newport Beach's upcoming centennial celebration. The celebration's tab is expected to reach about $1.2 million, centennial project director Marie Knight said. The city has already budgeted $350,000 for centennial-related bills, leaving about $600,000 still to go. Knight said she wants to avoid using the city's cash to pay for the party.
LOCAL
By JIM DE BOOM | July 22, 2008
More than 550 members and friends of the Newport Mesa Irvine Interfaith Council have toured China in the past six years, seeing the sights in Beijing, Hangzhou, Suzhou and Shanghai. The next trip, scheduled from Oct. 30 to Nov. 7, is $1,659; price includes four- and five-star hotels, round-trip airfare, English-speaking tour guides, deluxe tour buses, three meals daily and entrance fees. This will be the ninth tour that I will lead with the assistance of Linda Short, who will be on her fourth tour.
NEWS
January 25, 2003
It is a cocktail reception that anyone associated with Orange County philanthropy does not want to miss. Pacific Life of Newport Beach, the largest insurance company in the state of California handed out $2 million this week out of a total of more than $3 million earmarked for charitable and civic causes in 2003. The Pacific Life Foundation, a division of the giant insurance corporation, recognized more than 150 organizations, giving grants of $2,500 to $200,000 to assist them in their charitable endeavors.
BUSINESS
August 29, 2007
Pacific Life Insurance Co. in Newport Beach has named Sharon Cheever as its next general counsel, as longtime leader David Carmichael has announced his retirement after 30 years with the company. Cheever, who joined Pacific Life in 1986, will become the new general counsel Jan. 1. A graduate of the University of San Diego School of Law, she worked as an associate with the law firm O’Melveny & Myers before joining the insurance company. Carmichael started work for the company three decades ago and has been general counsel for 15 years.
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