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  • School Bus Fire, Travelers Insurance Company pays Grand Coulee Dam School District settlement for damaged buses
    Grand Coulee, WA: (Oct-31-07) The Grand Coulee Dam School District brought charges against Travelers Insurance Company, its insurance carrier, over the cost of six buses that were destroyed in an early September 2007 fire. As part of a settlement reached, sources close to the case stated that Travelers Insurance Company going to pay the Grand Coulee...
  • Insurance Fraud, CareFirst BlueCross BlueShield pays fine for denying coverage to policyholders
    Baltimore, MD: (Sep-25-07) Maryland state officials brought a lawsuit against CareFirst BlueCross BlueShield, alleging that Maryland's largest health insurer improperly denied claims. The violations were revealed following an audit that was conducted in 2004. The complaint stated that the company had unethical business practices that led to the claims bein...
  • Travelers Insurance Flood Control Basin Settlement
    San Bernardino, CA: (Sep-16-07) Colonies Partners filed a lawsuit against the San Bernardino County Flood Control district, regarding a flood control basin at one of Colonies Partners's large development sites in Upland. The county settled in November 2006 with a $102 million payout. The San Bernardino County Flood Control district then sued Travelers Insu...
  • American International Group Polluted Groundwater Insurance Settlement
    Lodi, CA: (Sep-08-07) The city of Lodi brought a lawsuit against American International Group, one of its insurance carriers, over the clean up costs of the city's polluted groundwater. In a settlement reached, American International Group agreed to a $2.5 million payout to resolve the claims. American International Group will pay the money in two payments...
  • Racine, WI City Employees Retirement Benefits Settlement
    Racine, WI: (Aug-17-07) Nearly 129 retired employees brought charges against the city over changes to their health benefits. The complaint, filed with the court in March 2006, alleges the city promised the retirees and their families insurance coverage for life, including payment of all premiums and reimbursement for Medicare "B" contributions. The change...
  • Hartford Accident and Indemnity Lodi Groundwater Contamination Settlement
    Lodi, WI: (Aug-14-07) The city of Lodi brought charges against Hartford Accident and Indemnity, one of its insurance carriers, in an ongoing groundwater contamination case. In a settlement reached, Hartford Accident and Indemnity agreed to pay the city of Lodi $4 million. This brings the city's total to $4.8 million in recent settlements from insurance com...
  • Xcel Energy Inc. IRS Tax Settlement
    Denver, CO: (Jun-20-07) Xcel Energy Inc. filed suit against the US government in April 2004 to establish the right to deduct the interest expense that it had accrued from 1993 to 1994 on policy loans related to insurance policies. The suit stemmed from a dispute over corporate-owned life insurance policies purchased on the lives of employees of Xcel subsid...
  • Dr. Sean Nisivoccia Chiropractor Fraud Settlement
    Newark, NJ: (Jun-19-07) The State Office of the Insurance Fraud Prosecutor and the State Board of Chiropractic Examiners filed suit against Dr. Sean Nisivoccia, alleging that the chiropractor illegally had office tests conducted by technicians, including a 15-year-old boy. New Jersey Manufacturers Insurance Co., one of the plaintiffs, claimed that the test...
  • $250,000 settlement in defamation and harassment lawsuit.
    Billings, MT: (May-17-07) William A. D'Alton, a Billings lawyer, filed suit against the city, claiming that he was harassed and defamed by city employees. The nearly four-year-old lawsuit, which involved 10 parties, numerous claims and seven law firms, racked up hefty costs. While a current figure was not available, the city's insurance companies had spent...
  • Negativa a proporcionar beneficios del Seguro de Salud a Largo Plazo
    Más de ocho millones de clientes en Estados Unidos han comprado pólizas de atención médica a largo plazo y la cifra crece, la generación nacida entre 1945 y 1964, después de la Segunda Guerra Mundial, están a la vuelta de la esquina. Estos seguros constituyen un negocio multi-millonario, que otorga grandes ga...
  • Fraud and deceptive trade practices charges settled with a $9 million payout.
    Philadelphia, PA: (May-14-07) The Pennsylvania attorney general's office and state Department of Insurance filed charges against Bermuda-based property and casualty insurance company Ace Ltd., accusing it of having deceptive trade practices. The suit alleged that Ace participated in a scheme with various insurance brokers to falsify quotes in order to ea...
  • Allstate Corp. Wind Insurance Settlement
    New York, NY: (Apr-16-07) Robert Weiss filed a lawsuit against Allstate Corp., the largest publicly-traded home insurer in the United States, claiming that the winds from the August 2005 hurricane blew his house down and the Northbrook, IL insurer owed him nearly $600,000. Winds are covered by private insurers, while storm surge is covered by federal flood...
  • Hydranautics, Indian Harbor Insurance Desalination Plant Settlement
    Clearwater, FL: (Apr-17-07) Tampa Bay Water filed a lawsuit against Hydranautics, the manufacturer of membranes that remove salt from sea water at the plant, two engineering companies and an insurance carrier over a troubled desalination plant. The suit stemmed from the plant that opened in 2003 but never functioned properly. Though the plant produced drin...
  • First American Title Insurance Co. Real Estate Referral Settlement
    Minneapolis, MN: (Apr-05-07) The Minnesota Department of Commerce sent enforcement letters to real estate agents alleging they participated in sham affiliated business arrangements with First American Title Insurance Co. Minnesota officials reached a settlement with First American on February 28, 2007 where the insurance company paid out $500,000. In a ser...
  • Bedford Regional Medical Center Medical Malpractice Settlement
    Indianapolis, IN: (Apr-03-07) James Brown died in 1997 after spending three days at the Bedford Regional Medical Center. His Estate filed malpractice and wrongful death claims against the hospital, which offered a settlement of $75,001. The settlement was covered by the Indiana Insurance Guaranty Association for lost wages of a deceased claimant up to the...
  • Atlantic Automobile Association, Poinsett Insurance Agency, and Budget Premium Finance Company Moto Club Membership Fraud Penalty
    Raleigh, NC: (Mar-30-07) Federal insurance regulators claimed three South Carolina companies, Atlantic Automobile Association, Poinsett Insurance Agency, and Budget Premium Finance Company, charged consumers without their knowledge. The companies were accused of selling Atlantic Automobile Association motor club memberships with auto insurance policies in...
  • TIG Insurance WTC Claims Settlement
    Manhattan, NY: (Mar-15-07) In a long ensuing legal battle with its insurers, World Trade Center leaseholder Larry Silverstein reached a settlement and recent pay out of an additional $12.5 million from one of its insurers, TIG Insurance. The settlement amount is a crucial step towards rebuilding Lower Manhattan. Silverstein and workers from the World Trade...
  • Settlement Reached In Biloxi Councilman's Case Against State Farm
    $66,234 paid to policyholder for hurricane damage. State Farm Fire and Casualty Co. : A suit filed by Edward Gemmill against State Farm Fire and Casualty Co. accused the insurance companies for denying claims after hurricane damage. The Aug. 29, 2005, storm demolished Gemmill's home, leaving only a slab. The home was valued at $217,813 and the contents...
  • Prudential Insurance Check Kiting Scheme Settlement
    Baltimore, MD: (Mar-08-07) A lawsuit was filed by BCSB Bankcorp, Inc., the holding company for Baltimore County Savings Bank, FSB, against its insurance provider Prudential Insurance. BCSB Bankcorp claimed that the insurance company was responsible for covering the losses the company incurred in a check kiting scheme perpetrated by a commercial deposit cust...
  • Don Zook Building Collateral Settlement
    Aledo, TX: (Feb-08-07) The city of Aledo a lawsuit against its developer, Don Zook, who used the former Save-A-Lot building, which burned in March 2006, as collateral for the TIF loan he took in which the city was required to co-sign the insurance checks. Judge Blackwood ruled that $472,499 left on Zook's loan be paid from the fire insurance money. The...
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