New York Life Insurance Co.

2 Stories

Angry Man Wants Premium Back, Gets Indicted Instead

Threat to badmouth firm in email blitz backfires

(Newser) - A guy who got mad at his insurance company and vowed to get even instead got indicted for 'cyber-extortion.' Anthony Digati, a 52-year-old California man whose claim was denied by New York Life, threatened to send out millions of emails criticizing the company if it didn't return his $50,... More »

Companies Use Recession to Stomp Hurting Competition

(Newser) - When the recession hit, Bed Bath & Beyond saw an opportunity. Chief competitor Linens ‘n Things was laden with debt, so Bed Bath & Beyond “decided to destroy them,” says one analyst. It matched every Linens’ discount, issued a barrage of coupons in Linens’ key markets, and,... More »

2 Stories