Todd Gindy, a certified financial planner, likes to tell a story about Johnny Carson to illustrate how nonprofits miss a big opportunity when they don’t suggest donors use life insurance policies as a vehicle for charitable giving. For years, the longtime host of “The Tonight Show” gave $1 million every year to Children of the Night, an organization founded by Dr. Lois Lee to rescue child victims of sex trafficking.
I believe there is a unique bond between grandparents and grandchildren. We look out for each other. We have each other’s backs.
Gov. Jerry Brown has signed into law a bill aimed at dissuading California-based insurance companies from making indirect investments in Iran.
The JTA recently published an op-ed by Menachem Rosensaft which gratuitously offers an “alternative” to the legislation that Holocaust survivors and children and grandchildren of survivors are seeking in Congress. The bills Rosensaft patronizingly calls “well-intentioned” are necessary to restore our rights to go to U.S. courts to recover insurance policies sold by Allianz, Generali, AXA, and other global insurers to our parents and grandparents which the companies dishonored after the Holocaust.
A sharply divided U.S. Supreme Court on Thursday upheld the centerpiece of President Barack Obama's signature healthcare overhaul law that requires that most Americans get insurance by 2014 or pay a financial penalty.
There is a solution to get us beyond the seemingly endless stalemates and complications that continue to characterize the ongoing debate over Holocaust-era insurance claims. And I do not believe it can be found in the well-intentioned bill before the U.S. Congress.
Hardly a day goes by where Renee Firestone isn't asked by some school, museum, reporter or filmmaker to talk about the Holocaust. "Somebody has to tell the story," she said. "I am fortunate enough, at my age, to still be able to walk and talk. So I have to do it." Firestone is 88, with pale blue eyes and a warm, Cheshire cat smile. She manages a 24-unit apartment building in Beverly Hills, where she lives with her daughter, Klaire.
An arson attack last year on cars in a predominately Jewish neighborhood of New York reportedly is being investigated as an insurance scam instead of a hate crime.
It’s becoming a D.C. perennial: Every two years, a new Congress is ushered in and lawmakers from Florida herald a bill that once and for all will bring insurance companies to account for swindling Holocaust survivors. And every two years, congressional staffers and Jewish community professionals who negotiate Holocaust restitution say the bill's chances of passage are nil.
Holocaust survivors continue to face roadblocks, including the United States government, in collecting on insurance policies taken out before the war.
Whether or not we are believers in the Obama plan, or any of the particular plans for universal health care currently winding their way through Congress, support for universal health care is an imperative in Jewish law. Although what is available in medicine and its cost have changed radically, particularly over the past century, the fundamental right to receive good care — and to be compensated for giving it — goes very far back in our heritage, though perhaps, ironically, not all the way to the Torah or even the Mishnah.
A traditional Jewish funeral is simple and not ostentatious -- good news for people concerned about the high cost of dying. But while Jewish law doesn't require embalming, elaborate floral displays or 16-gauge metal caskets with tufted crepe interiors, it does require Jews to be buried in the ground. And that costs money.
Susie Tiffany of Beverly Hills suffers from a rare blood disorder and needs monthly infusions of blood components, which her insurance company ultimately declined to cover. She hoped the government's new prescription drug benefit would help her out because, despite her ZIP code, she's a low-income senior. But the possibilities, were baffling: an array of private insurance plans that covered different things, explanations on the Internet that included terms she never had to know before, additional complexities depending on a person's income and a confusing interplay of state and federal agencies. However, Tiffany was able to find assistance in her case from Jewish Family Service. A social worker helped get Tiffany's treatment covered by new state funds intended to help seniors with the transition to the new federal system.
One of two Jewish candidates seeking the Republican nomination for California insurance commissioner has pulled out of the race.
It happens over and over again: A planned trip to Israel induces gasps of worry from friends who have never visited the country. Every suicide bombing or mortar attack on television reinforces the vision of Israel as a vast raging war zone.
Letter to the Editor.
Israel and the United States each have successes and failures in their respective health care systems, but the younger of the modern nations, rooted in its tradition of helping the needy, has much to teach its American ally.
As a national commercial real estate lender, Pacific Mortgage Funding Corporation offers a variety of financing options for apartment projects, office buildings, retail shopping centers, hotels, subdivisions, and more.
A native of Los Angeles, born in Boyle Heights, Oct. 1, 1919, bar mitzvah at the Breed Street Shul, Sol Bojarsky was a graduate of Hollywood High School and UCLA.
Plaintiff Allen Estrin won a major victory in his lawsuit against 14 life insurance companies over their refusal to cover people who travel to Israel.
Two antagonists in a long-simmering dispute about the handling of life insurance claims stemming from the Holocaust era took off their gloves last week in a bitter exchange of letters.
About a year before Gov. Arnold Schwarzenegger signed a major reform of California's disastrous workers' comp system, the same basic reforms were fought and eventually killed by elected Democrats trying to protect lawyers who gamed our broken system but gave heavily to Democratic campaign coffers.
In this presidential campaign year, the figure is ubiquitous: One out of four Americans, about 70 million people, do not have health insurance.
Two rival teams will square off in Pasadena on New Year's Day. No, not USC vs. Michigan. Get ready for the ultimate grudge match: Jews for Judaism vs. Jews for Jesus.
Three Holocaust survivors in their 70s lead comfortable lives in Los Angeles suburbia, but their anger burns as fiercely as when they were teenagers deported to Nazi forced labor and concentration camps.
Their indignation and frustration are now directed mainly at an international commission, which they believe is fronting for an insurance company that has given them the runaround for nearly 60 years.
During a recent news conference, the three survivors denounced the International Commission on Holocaust Era Insurance Claims (ICHEIC) and its chairman, former Secretary of State Lawrence Eagleburger.
Survivors are suing the commission on Nazi-era insurance claims, a commissioner has called for the resignation of its chief and Jewish officials handling the claims acknowledge serious problems.
But they also say there probably isn't a better way to dole out the claims.
The anger and frustration some lawmakers and survivors feel toward the International Commission on Holocaust Era Insurance Claims peaked last week when several survivors filed suit, claiming the organization was delaying payments.
California's insurance commissioner, John Garamendi, a member of the commission, later joined the suit and called for the resignation of the commission's chairman, former U.S. Secretary of State Lawrence Eagleburger.
When Suzanne Weiner-Zada was growing up in Hungary, her father, a wealthy lumber merchant, took out eight insurance policies with Assicurazioni Generali of Italy, one of the world's largest insurance companies, which operated extensively in the pre-World War II Jewish communities of Central and Eastern Europe.
Last week, the U.S. Department of Justice took a stand against the best interests of the most aged, infirm and vulnerable of Holocaust survivors.
Seemingly without shame, the federal government filed briefs arguing that significant court victories for long-forgotten survivors should be overturned.
Because elder care can be an enormous drain on an individual's resources, with nursing homes costing in excess of $100 a day and home care costing even more, planning ahead and buying long-term-care insurance is one way of preventing the costs from being too overwhelming.
Holocaust survivors have been waiting decades to reclaim Holocaust-era insurance policies. Unfortunately, the findings of an ongoing congressional investigation I initiated indicate that their wait is far from over.
After being left a quadriplegic in a car accident in 1993, 53-year-old Alice Wintz received an insurance settlement that she thought would, with careful investing, leave her financially secure for life.
So she asked money manager Reed Slatkin to invest her settlement. Wintz and her ex-husband had met Slatkin in 1986 through a business associate, and considered him a friend. Impressed with his charm and financial acumen, and, having had what Wintz describes as a "good experience" investing a small amount of money with him in 1986, they thought they could trust him with the insurance settlement.
The Securities and Exchange Commission (SEC) had accused Slatkin of running a Ponzi scheme shortly after he filed for bankruptcy in May 2001. (A Ponzi scheme is a phony investment plan in which money provided by later investors is used to pay artificially high returns to the initial investors, with the goal of attracting as many investors as possible.) Slatkin's alleged scheme is said to be one of the biggest cases of investment fraud in American history.
The word from survivors is clear: The Holocaust insurance claims process doesn't work.
Lawmakers joined survivors in their criticism, accusing the international commission charged with resolving Holocaust-era insurance claims of being too slow and not getting money to policyholders or their heirs.
At issue is whether ICHEIC should have sole jurisdiction over such disputes or whether survivors can file separate class action suits in American courts.
About the only words of praise for Chuck Quackenbush, who resigned last week (June 28) as California insurance commissioner in the face of certain impeachment, have come from Holocaust survivors grateful for his dogged attempts to force European insurance companies to pay claims stemming from the Nazi era.
Three out of every four insurance policy claims submitted by Holocaust survivors or heirs of victims are being rejected by European insurers.
To please Holocaust survivors and Jewish advocacy groups or to please the insurance companies.
State Sen. Tom Hayden handed Quackenbush a petition that called for the suspension of 64 insurance companies practicing in California which have failed to honor Holocaust-era claims.
November 1998 will mark the 60th anniversary of Kristallnacht. Sixty years have passed since the beginning of one of human history's darkest moments and even now we find ourselves still pursuing justice for the victims of the Holocaust.
The Chabad Telethon -- that unique mix of caring, sharing and good production values -- returns to the small screen this Sunday, Aug. 30, from 5 p.m. to midnight on UPN Channel 13.
A new sophisticated computer database may help theheirs of Holocaust victims receive the benefits of insurance policiestaken out by long-deceased relatives.
California's insurance commissioner has promised to use the power of his office to help thousands of the state's residents collect on unpaid insurance policies stemming from the Holocaust era.
A payment slip from 1927, part of the documentary evidence to support Freddy Jackson's claim. Sitting in the Fairfax Avenue deli where he worked for four decades of his life, Freddy Jackson reflects on his chances of getting the millions of dollars due him.