April 22, 1997 |
The U.S. attorney's office has charged three men and a woman with fraud in connection with an alleged $50-million scheme involving investments secured by illegitimate life insurance policies for the terminally ill.
January 9, 1989 |
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.
CALIFORNIA | LOCAL
July 15, 1986 |
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 |
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.
November 15, 1987
The Oct. 25 article by Toni Taylor on the fine print in travel insurance policies should be required reading for all seniors about to commit their funds to a trip. Insurance is a high commission item on a salesperson's agenda and it is routinely presented to all travelers. It is an excellent idea, and in most cases well worth the mental comfort that it affords. But that fine print: We used trip cancellation insurance issued by a reputable company. My husband was stricken with really debilitating vertigo the afternoon before we were to sail on a cruise.
CALIFORNIA | LOCAL
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.
CALIFORNIA | LOCAL
April 11, 2003 |
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.