Wills, Trusts & Estates Prof Blog

Editor: Gerry W. Beyer
Texas Tech Univ. School of Law

Sunday, November 18, 2012

Sam Raimi Sues Same Insurance Broker That De-Frauded Tom Hanks

InsuranceAs I have previously discussed, insurance broker, Jerry B. Goldman, defrauded Tom Hanks and a host of other celebrities by charging them more for their insurance premiums than their policies required. Now, Director Sam Raimi has brought a lawsuit against Goldman for "fraudulent concealment, professional negligence, unjust enrichment and more." This is in addition to the federal indictment that was granted on November 7, 2012.

In the suit, Raimi claims that Goldman was his homeowners and personal liability insurer for the past 7 years. In 2011, Raimi claimed that he discovered that Goldman was charging him more than what his policy stated he should be paying. Eventually, Raimi learned that Goldman overcharged him a total of $72,783. This discovery would lead Raimi to discover other acts of misconduct on the part of Goldman, such as "withholding or failing to refund unearned premiums, commissions and fees from canceled policies." Raimi also alleged that Goldman would illegally issue certificates of insurance. Raimi has requested both compensatory and punitive damages.

See Alex Ben Block, Director Sam Raimi Sues Insurance Broker For Fraud, The Hollywood Reporter, Nov. 16, 2012.

Special thanks to Brian Cohan (Attorney at Law, Law Offices of Brian J. Cohan, P.C.) for bringing this article to my attention.


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That is terrible. The article on the Hollywood Reporter says that the insurance broker cheated his clients out of more than $800,000. He should be made to pay back all that he stole plus more.

Posted by: Felix Lee | Nov 18, 2012 8:10:09 AM

Thanks for sharing this article. I don't understand why somebody would do that. In Cambridge, insurance brokers all seem to be really awesome people.

Posted by: Anne Lawrence | Nov 19, 2013 9:51:11 AM

Why would he ever sue an insurance broker like that? If he defrauded Tom Hanks, I'm pretty sure he's a good guy, don't you think? Why did he even sue him?

Posted by: Anne Lawrence | Feb 3, 2014 2:47:49 PM

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