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The holiday decorations have long since been packed away, but there was one more gift that had yet to be delivered. After reading The Times' story Dec. 26 of Christmas at the Midnight Mission in downtown Los Angeles, a reader from Redondo Beach jotted...

Television executive Peter Liguori was named the new chief executive of Tribune Co. Thursday, taking the reins of the reorganized Chicago-based media company weeks after its emergence from bankruptcy. In a widely expected announcement, Liguori, 52, a...

An arrest warrant has been issued for the former director of real estate for Tribune Co. after she twice failed to show up in federal court on fraud charges. Stephanie Pater is accused of diverting real estate commissions meant for Tribune Co. to her own...

In the days after he paddled into the Pacific to help scatter his father's ashes, 52-year-old Harry Chandler returned to his Hancock Park home and began rummaging through old family papers and photographs. He was looking, in a sense, for his legacy,...

A Man of Many Passions Transformed The Times Had Otis Chandler never worked a single day, his would have been a memorable life. An Olympic-caliber athlete, a champion weightlifter, an accomplished race car driver, big game hunter, surfer, cyclist,...

Otis Chandler, whose vision and determination as publisher of the Los Angeles Times from 1960 to 1980 catapulted the paper from mediocrity into the front ranks of American journalism, died today of a degenerative illness called Lewy body disease. He was...

One of the hottest products in the life insurance arsenal over the last several years has been the variable annuity--a hybrid product that works more like a supplemental retirement plan than a life insurance policy. What makes variable annuities...

The typical insurance illustration is broken into three main categories and a number of sub-categories. The main categories: * What's guaranteed. This can be labeled "guaranteed"; "guaranteed basis"; "guaranteed mortality charges and interest" and/...

Cash value life insurance policies are a little bit like luxury cars, says John A. Kiczek, analyst in the life and health division of A.M. Best Co., an Oldwick, N.J., insurance information services firm. You can get a bare-bones policy relatively...

Life insurance has traditionally been for your heirs, not for you. Policies paid your loved ones a benefit after you died and not a minute sooner. But the AIDS epidemic brought about a sweeping change, particularly after a host of "viatical settlement"...

If you own a small business, lots of real estate or are incredibly rich, you may want to consider using life insurance as an estate-planning tool. Life insurance can preserve your estate for the benefit of your heirs. Why would you need life insurance to...

Do you need life insurance? The answer depends on whether you have dependents--children, a spouse or other people who rely on you for financial support. If you do and you want to protect their financial health after you die, the answer is yes. If you don'...