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Insurance Policies

January 9, 1989 | JOHN HURST, Times Staff Writer
The small, frail-looking retarded woman doesn't know it, but she is paying monthly premiums on $5,000 worth of insurance on her life. Neither does she know that, when she dies, the sister of the woman who owns and operates the run-down community care facility in which she lives will collect the insurance money. In fact, the thin young woman with wide vacant eyes doesn't even know the meaning of the word insurance.
July 15, 1986 | DOUG SMITH, Times Staff Writer
A Canoga Park man who pleaded no contest in May to six charges of grand theft for selling fraudulent insurance policies was sentenced Monday to three years in County Jail. Robert R. Stuart Jr., 38, could have received a maximum term of six years for the offenses but agreed to enter the plea in exchange for the lighter sentence. Los Angeles Municipal Judge David M.
September 25, 1985 | JACK JONES, Times Staff Writer
A 17-year-old youth sought by Florida authorities for allegedly faking his own death by shark attack in a $100,000 life insurance fraud has been arrested in the Lomita area while driving erratically in a stolen car, authorities said Tuesday. Sheriff's Detective Sgt. Joe Eubanks said Jeffrey Justice, of Fort Pierce, Fla., "attracted the attention" of a deputy, who spotted the youth driving across the center line on Pacific Coast Highway early Monday.
June 16, 1991
The article "Bare-Bones Health Insurance Criticized" (June 3) reported the efforts of the advocacy group Families USA Foundation to curtail the marketing of high-deductible health insurance policies. Health insurance policy cost-sharing features such as deductibles and co-insurance provisions encourage the insured to use medical services more prudently. The $5,000-deductible policy decried by the lobbying group is nothing more than an extension of this principle. The average person will consume fewer health-care services if they are covered under these high-deductible policies.
March 20, 1994
It has been several weeks since the Northridge earthquake, and my husband and I are still not sleeping. But it's not from the tremors that we all feel nor the destruction that we all see. It is from the selfishness, deceptiveness and ignorance which unfortunately have become our neighborhood. We moved to Northridge over four years ago but have never really gotten involved with our neighbors. The earthquake on Jan. 17 changed that forever. Overnight, Northridge was declared a disaster area, which meant federal disaster aid would be distributed and insurance deductibles had to be exceeded.
April 11, 2003 | Dana Parsons
Denny Freidenrich of Laguna Beach says the question came to him in the shower. He owns a consulting business, but he began wondering if he was also a soldier. A soldier, that is, in the war on terrorism declared by President Bush. More specifically, Freidenrich wondered whether his wife and three kids would collect life insurance were he to die, for example, from smallpox spread by a bioterrorist attack. In past conventional wars, the families of soldiers killed in battle didn't collect traditional life insurance.
February 5, 2013
Re "Getting nicked by razor blade makers," Column, Feb. 1 Ralph Nader warned of built-in obsolescence in the 1960s. Back then, we ladies were asking, "If we can put a man on the moon, why can't they come up with a sheer stocking that doesn't run?" We live in a disposable world, and most financing and corporate planning seems based on that. It sort of makes a joke of recycling. David Lazarus' column on razor blades that seem built not to last touches on a theme that crosses my mind almost daily.
July 14, 2012
Re "NAACP boos Romney comments," July 12 Mitt Romney said to the National Assn. for the Advancement of Colored People that he will eliminate "nonessential, expensive programs" like President Obama's healthcare law. Romney was telling his fellow Americans that healthcare for millions of uninsured children, people with preexisting conditions and young people who can now stay on their parents' insurance policies longer are nonessential,...
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