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CALIFORNIA | LOCAL
July 21, 1996
Re "Justice Served at Courthouse," July 7. It is no surprise Los Angeles County was required to sue its insurers to obtain payment for losses suffered (in the Northridge earthquake) to the San Fernando Courthouse. The largest area of insurance fraud is the fraud perpetrated by insurance companies in refusing to pay claims which they know are legitimate. If an entity as powerful as Los Angeles County has to resort to litigation, what chance does the average person have against the insurers that hold the checkbook?
ARTICLES BY DATE
NEWS
August 20, 2013 | By Karin Klein
What if ticks were an endangered species? Would we preserve critical habitat for them? Fund a captive-tick breeding program? It would be hard for me, as a hiker and dog owner, to summon any sympathy for these disgusting little pests. If they were gone, would the greater environment miss them in any way? Just a fantasy. Ticks are, of course, thriving and a new report from the U.S. Centers for Disease Control finds that they are, in fact, responsible for 10 times more Lyme disease than previously thought - 300,000 cases a year nationwide.
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BUSINESS
October 24, 2007 | DAVID LAZARUS
If past history is any measure, many homeowners affected by the wildfires burning throughout Southern California will find that claims they submit to insurers will result in higher rates or even dropped policies. What they, and you, may not know is that virtually all such claims also will end up in vast, privately run databases that are routinely accessed by the insurance industry to determine what rates they'll charge -- or if they'll cover you at all.
CALIFORNIA | LOCAL
June 14, 2013 | By Rick Rojas
A former attorney in Orange County has been convicted and sentenced for embezzling more than $200,000 in insurance claims and for defrauding his clients, prosecutors said Friday. Tuan Thanh Tran, 44, of Irvine, pleaded guilty Thursday to 10 felony counts and was sentenced to one year in jail, five years of probation and ordered to pay restitution, according to a statement from the Orange County district attorney's office. Prosecutors said that between May 2011 and February 2012, Tran represented five clients who were seeking damages from traffic accidents.
REAL ESTATE
December 16, 2001 | STEPHAN GLASSMAN and DONIE VANITZIAN, SPECIAL TO THE TIMES
Question: I live in a condominium in Los Angeles that has 42 units. Our condo suffered damage because of common area problems. The board told us the insurance company requires originals and to give them all our receipts and documents relating to our claim and they would handle it. After ignoring our calls and letters for seven months, the board told us they or the management company lost all our evidence.
NEWS
January 25, 2002 | From Times Wire Reports
Former U.S. Secretary of State Lawrence S. Eagleburger has backed down from a threat to resign as chairman of talks on compensating Holocaust survivors for unpaid life insurance claims after negotiators agreed to extend the deadline for accepting claims, participants said. The European insurance firms and Jewish groups participating in the talks have been at odds over a number of issues.
CALIFORNIA | LOCAL
May 7, 1998
The Jewish Federation will hold a meeting tonight in the Fairfax district to discuss proposed legislation that would allow Holocaust survivors and their heirs to sue insurance companies for unpaid claims in California courts. The bill, sponsored by Assemblyman Wally Knox (D-Los Angeles), would also waive the statute of limitation for insurance policies that were issued to Holocaust victims and survivors, said Knox spokeswoman Colleen Beamish.
BUSINESS
July 7, 1989 | BRUCE KEPPEL, Times Staff Writer
The final chapter was written Thursday in the 1982 bankruptcy of Tarzana-based American Benefits Ltd.--and it may mean a happy ending at last for several thousand workers still holding unpaid health insurance claims. Lawrence A. Diamant, the Los Angeles attorney who supervised liquidation of the company, announced a tentative settlement of $2.
NEWS
March 7, 1989 | KENNETH REICH, Times Staff Writer
A court order to liquidate the bankrupt Coastal Insurance Co. was issued Monday by a Los Angeles judge, clearing the way, after more than a month, for claims against Coastal's 200,000 California auto insurance policies to be honored by a state-appointed guarantee association. The director of the California Insurance Guarantee Assn., John W.
CALIFORNIA | LOCAL
April 29, 1997
Insurance Commissioner Chuck Quackenbush on Monday blasted insurance companies that have refused to pay for Northridge earthquake damage because of a one-year time limit, saying they are hiding behind an incorrect reading of the law, abusing consumers and using a stalling tactic to avoid paying fair claims. Unlike floods or tornadoes, Quackenbush said, quake damage is often hidden and takes longer to detect.
WORLD
May 30, 2013 | By David Zucchino, Los Angeles Times
SULTAN KHEYL, Afghanistan - Highway 1 runs like a broken spine through Wardak province. Even with its potholes and cracked asphalt, it is a lifeline for soldiers and civilians alike. The dusty highway links Wardak to Kabul, the capital, about an hour northeast. For Afghans here, it's the main avenue for commerce, government and family connections. For the U.S. infantrymen of Bravo 3-15, it's ultimately their way home. In this landlocked nation, the most cost-effective way out for U.S. soldiers and equipment is Highway 1 to the capital.
NATIONAL
February 5, 2013 | By Michael Muskal
Fresh from being the big man on late night television, New Jersey Gov. Chris Christie on Tuesday focused his ire on the National Flood Insurance Program and its slow rate of resolving claims from Superstorm Sandy. Christie, a potential GOP presidential candidate in 2016, has taken a hard line in trying to secure federal aid for his state in the wake of the storm that hit the Northeast in October. At a meeting in Union Beach, N.J., Christie criticized the federal program that he said has been too slow and plagued by excessive paperwork and bureaucratic delays.
BUSINESS
January 26, 2013 | Bloomberg News
The U.S. share of insurance losses from worldwide catastrophes more than doubled in 2012 as Superstorm Sandy lashed the Northeast and the nation suffered its worst drought since the 1930s. The U.S. accounted for about 90%, or $65 billion, of $72 billion in global losses, according to the Impact Forecasting unit of Aon, the London insurance broker. That compares with 40% in 2011, when Japan had higher-than-usual costs because of an earthquake and tsunami. The location and climate of the U.S. make the country more vulnerable than most developed nations to hurricanes, tornadoes, wildfires and drought.
NATIONAL
January 2, 2013 | By Richard Simon, Los Angeles Times
WASHINGTON - House Speaker John A. Boehner on Wednesday set a Jan. 15 vote on a Superstorm Sandy relief bill after enraged Northeast politicians - including Gov. Chris Christie of New Jersey, a fellow Republican - blasted the speaker for skipping action on disaster aid in the final hours of the current Congress. Boehner scheduled the vote after a parade of officials from storm-ravaged New York, New Jersey and Connecticut criticized the Ohio Republican for refusing to allow a vote on a $60-billion aid package before the end of this congressional session.
BUSINESS
November 23, 2012 | By Laura J. Nelson
On Black Friday, shopping carts aren't the only collision shoppers should worry about. Insurance company Progressive Corp. said that Black Friday is one of the worst days of the year for parking-related accidents. On the day after Thanksgiving last year, claims from parking-related accidents increased 37% when compared with other Fridays, the company said. A year before, claims were up 17%. PHOTOS: The Black Friday rush About 13% of Black Friday insurance claims were related to rear-end collisions, 11% from collisions with parked cars and 8% from drivers backing into another vehicle.
BUSINESS
November 16, 2012 | By Jim Puzzanghera, This post has been corrected, as indicated below.
WASHINGTON -- The Federal Housing Administration, which has played a crucial role in stabilizing the housing market, said it ended September with $16.3 billion in projected losses -- a possible prelude to a taxpayer bailout. The precarious financial situation could force the FHA, which has been self-funded through mortgage insurance premiums since it was created during the Great Depression, to tap the U.S. Treasury to stay afloat. The agency said a determination on whether it needs a bailout won't come until next year.
BUSINESS
November 1, 2012 | By Tiffany Hsu
Estimates of the economic losses caused by Hurricane Sandy earlier this week reached $50 billion as experts assessed the costs of severe property damage, shut-down subways and power outages. On Thursday, Eqecat Inc. said it expects storm-related losses to fall between $30 billion and $50 billion. Of that, $10 billion to $20 billion will be insured, according to the firm, which calculates estimates for insurers. Earlier this week , Eqecat had said that damages could reach $20 billion, with up to $10 billion in insured losses.
BUSINESS
October 12, 2012 | David Lazarus
Medicare is investigating reports that CVS Caremark Corp., the country's second-largest drugstore chain, has refilled prescriptions and submitted insurance claims without patients' approval, according to an official with knowledge of the matter. The Office of the Inspector General for the U.S. Department of Health and Human Services has launched the investigation into CVS' refill practices, said the official, who was not authorized to discuss the case and therefore requested anonymity.
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