Advertisement
YOU ARE HERE: LAT HomeCollectionsInsurance Companies
IN THE NEWS

Insurance Companies

CALIFORNIA | LOCAL
May 11, 2000 | SI FRUMKIN, Si Frumkin, a Holocaust survivor and human rights activist, lives in Studio City
My father had a name before he became a number. In English, his name would have been Nicholas Frumkin, but in Lithuanian he was Mykolas Frumkinas. In Russian, which we spoke at home in Kaunas, Lithuania, he was Nikolay Grigorievich Frumkin, but his friends called him Kolya. And, of course, to me he was Papa--Daddy. Strangers called him, in the East European fashion, "Engineer Frumkin" because he had an engineering degree from a major German university.
Advertisement
SPORTS
December 16, 2012
THE $2 BILLION TO BUY THE DODGERS $100 million: Guggenheim Partners Chief Executive Mark Walter $100 million: Guggenheim Partners President Todd Boehly $100 million: Texas energy investor Bobby Patton $50 million: Magic Johnson $25 million: Mandalay Entertainment Group Chairman Peter Guber $412 million: Debt assumption $1.213 billion: Guggenheim Partners insurance companies controlled by Walter The new owners also...
OPINION
February 9, 2014 | By Jonathan Gruber
The recent Congressional Budget Office report on healthcare reform has lots of good news. Insurance premiums are lower than anticipated, the Affordable Care Act will cost $9 billion less than previously estimated and the provision designed to buffer insurance companies from risk will actually raise revenue, not function as any sort of federal government bailout. But the good news has not gotten much attention because the CBO also projected that, within the next several years, healthcare reform may reduce employment and worker hours by the equivalent of about 2 million full-time positions.
NATIONAL
April 29, 2013 | By Michael Muskal
The Obama administration approved $1.83 billion to help New Jersey recover from the effects of Superstorm Sandy, which six months ago to the day pounded through the state and metropolitan New York City areas, bring flooding, destruction and death. Half a year after the storm, the region has made major advances in cleaning up, but tens of thousands of people remain homeless and major chunks of the local economy, including tourism, remain a question mark as the summer vacation season is set to return.
CALIFORNIA | LOCAL
August 10, 2012 | By Maura Dolan, Los Angeles Times
The state of California is likely to receive tens of millions of dollars more from insurance companies to clean up the Stringfellow Acid Pits toxic waste dump as a result of a ruling Thursday by the California Supreme Court. In a unanimous decision, the high court said consecutive insurance policies by various companies required each to pay up to their policy limits for damage caused by the Riverside County waste site. The companies wanted to restrict liability to just a share of the damage that occurred during the time each insurer's policy was in effect.
CALIFORNIA | LOCAL
December 31, 1990
The supporters of Proposition 103 were foolish to believe that any action short of recalling insurance commissioner Roxani Gillespie would provide relief from rising insurance companies. Her lame-duck actions reveal that the system doesn't have checks and balances, rather it favors the checks that don't bounce and large insurance companies' account balances. J. BRIAN AMSTER, Newport Beach
HEALTH
August 23, 2013 | By Karen Ravn
Victoria Barzilai opened her mouth wide so the doctor could look at her sore throat. Not exactly a remarkable event, except that Barzilai was at home and the doctor was hundreds of miles away. Feeling too sick to drag herself to the school health center, the third-year UC Davis student had opted for a cyber-doctor visit, the 21st century version of a house call. A number of websites offer face-to-face consultations of the virtual kind to anyone with a credit card and access to a webcam-equipped computer.
BUSINESS
July 13, 1991 | Associated Press
New York state is investigating auto insurance companies for failing to give required discounts to consumers who have safety and anti-theft devices on their cars, officials said Friday. Attorney General Robert Abrams said car owners have been cheated out of as much as $30 million in New York--and more nationally--by insurance companies that advertise discounts and then don't give them.
CALIFORNIA | LOCAL
November 19, 1988
Isn't it time for our government to start an InsureCare program so that, in addition to health care, people can buy automobile, household and other insurance at a reasonable, affordable price? If the government made only half the profit made by the insurance companies, it would go a long way toward paying off the deficit. So let the insurance companies in the private sector move to Siberia! MONROE RUBINGER Beverly Hills
BUSINESS
December 2, 2013 | By Hugo Martín
After a nasty storm ripped through the East Coast on the busiest travel day of the year, you might think that buying travel insurance for holiday travel would be a no-brainer. Not so much. The 114-year-old National Consumers League concluded recently that travel insurance is usually a bad deal because most policies are riddled with exceptions that allow insurance companies to reject claims for payoffs. Most insurance companies won't disclose their track record for paying out claims, making it nearly impossible to judge whether insurance is worth the money, the league points out. "The unfortunate reality is that these protection policies bring in big bucks for the airlines each year but offer very little real value for customers," said Sally Greenberg, executive director of the National Consumers League.
Los Angeles Times Articles
|