OTHER NEWS - Aug. 13, 1991

Irvine Insurance Man Pleads Guilty: Michael A. Rubell, 51, admitted in a Los Angeles court that he bilked thousands of people in California and three other states out of about $10 million in bogus insurance premiums. Rubell, who had been chairman of Irvine-based Rubell Helm Insurance Services Inc., promised to help authorities investigate other insurance fraud cases, federal officials said. He pleaded guilty to mail fraud, embezzlement and tax evasion and faces a maximum prison term of 30 years. “Thousands and thousands of people here and in the other states thought they had insurance coverage but really had nothing but worthless paper,” said Assistant U.S. Atty. James G. Glazebrook, who will prosecute Rubell on additional charges in Florida.