On October 12, 2024, Richard Arnold Eliasberg, a resident of Admirals Cove in Jupiter, Florida, passed away from cancer at 92 years of age. He was born in Baltimore, Maryland; attended Baltimore City College and the University of Pennsylvania, graduating from the Wharton School in 1953; and served in the U. S. Navy, completing his service as a Lieutenant J.G. in 1955.

After briefly working as an insurance agent for Travelers Insurance Company at the Jerome Apple Agency, he helped found First Federated Life Insurance Company where he served as President and Chief Executive Officer until its sale in July 1983. He served as President of Coastline Insurance Company and Coastline Reinsurance Company from their inception until 1983; was a Director of Maryland National Bank from 1974 to 1991 and also participated on its Executive and Audit Committees; served on the Board of Security Trust Company, a subsidiary of MNC Financial; and was a Director of the Finance Company of America.

Mr. Eliasberg founded the Eliasberg Family Foundation, Inc., and served as President and Trustee until just before his death. Additionally, he was a Trustee of the Maryland Academy of Sciences (and the Maryland Science Center) from 1973 to 1990, served as Chairman of the Board from 1985 to 1987, and was responsible for arranging the financing and construction of the IMAX Theater.

He served in various capacities – volunteer, Trustee, Chairman of the Board – of Mt. Washington Pediatric Hospital for over fifty years, serving as Chairman of the Board from 1977 to 1979, and also was a Trustee of North Arundel Health System, Inc.

Two literary accomplishments of Mr. Eliasberg were that he coauthored and published a history of Mt. Washington Pediatric Hospital entitled, Mt. Washington Pediatric Hospital: The First 100 Years; and he arranged for and was a contributing writer to the biography of his father entitled, Louis E. Eliasberg, Sr., King of Coins.

Mr. Eliasberg participated in a number of trade associations; in particular, the Consumer Credit Insurance Association where he served on the Board for many years and was Chairman of the Board during 1977-78. Additionally, he was a member of the Baltimore Economic Society.

A member of The Suburban Club of Baltimore County all of his life, Mr. Eliasberg served on its Board three times and was Chairman of the Board from 1980 to 1981. He was also a member of the Center Club and the Maryland Club in Baltimore. In Florida, he was a member of The Club at Admirals Cove and The Society of the Four Arts.

He is survived by his wife, Hildegard "Hilde" Voss Eliasberg; son, John Richard Eliasberg; daughter-in-law, Jeannette "Ginger" Eliasberg; two grandchildren, Dr. Claire Diane Eliasberg and John William "Jake" Eliasberg; two stepsons, Douglas Hoffberger and Jack Hoffberger; and three stepgrandchildren, Olivia, Charlotte, and Hendrik "Henry" Hoffberger.

He was predeceased by his daughter, Carol Diane Eliasberg-Martin; his parents, Hortense Kahn Eliasberg and Louis Eliasberg, Sr.; and his brother, Louis Eliasberg, Jr.

In lieu of flowers, contributions may be sent to the Hortense K. Eliasberg Fund, Mt. Washington Pediatric Foundation, P. O. Box 412035, Boston, MA 02241-2035, or to a charity of your choice.

Services will be held on Sunday, October 20, 2024, at 12:30 p.m. at the Sol Levinson Funeral Home, 8900 Reisterstown Road. Interment will be private

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Published by Baltimore Sun from Oct. 16 to Oct. 17, 2024.