Director Sam Raimi Sues Insurance Broker For Fraud

The Hollywood Reporter
Sam Raimi Settles Suit With Insurance Broker

Sam Raimi, the writer and director of Spider-Man 3 and many other movies, has filed a lawsuit against Jerry Goldman, his longtime insurance agent, charging fraudulent concealment, professional negligence, unjust enrichment and more.

Read the complaint here.

On Nov. 7, the FBI indicted Goldman on 10 counts for improperly taking more than $800,000 from clients, including Tom Hanks and guitarist Andy Summers of The Police.

Raimi’s suit was filed in Los Angeles Superior Court on Friday on behalf of Raimi, his production company,  Gillian Greene and attorney Craig Jacobson, who is described as a trustee of certain trusts.  Goldman is a resident of Thousand Oaks and his company, Goldman Insurance Agency, was said to have been in Newbury Park, Calif.

According to the lawsuit, Goldman provided homeowners and personal liability insurance to Raimi from 2004 through 2011. Then in June 2011, when Raimi tried to reach Goldman, he found his phone number disconnected. That led him to look into what was happening, and he found Goldman was the subject of an earlier lawsuit claiming there had been negligent misrepresentations concerning insurance premiums.

Raimi then looked into how much he was being charged and according to the suit, discovered that the cost of the insurance he had been paying for was actually lower than what Goldman had claimed and was charging him.

With help from another insurance broker, Raimi says in the suit he discovered he had been overcharged by at least $72,783.62, including undisclosed fees that were in addition to the customary commissions a broker would take.

That led Raimi to discover what are described as “other reaches of conduct.” Those allegedly included withholding or failing to refund unearned premiums, commissions and fees from cancelled policies. The suit also says Goldman illegally issued certificates of insurance.

Besides the money he says he is owed, Raimi asked the court to grant him punitive damages, his costs and interest on what he is owed.

On Nov. 7, the FBI issued a press release which said they had investigated and arrested Goldman at his residence on federal mail fraud charges that, according to the FBI, “allege he overbilled clients hundreds of thousands of dollars for insurance policies.” The FBI said some clients were over billed by as much as 600 percent and he had improperly collected over $800,000.

Goldman was arraigned on a ten-count indictment, and each count can carry a 20-year prison sentence.

An attempt to reach Goldman at his listed office number was unsuccessful. A recording said the number had been disconnected.