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  • 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...
  • Michigan Patient Billed Over $1,000 for Sitting in the Waiting Room
    Feb-23-18 Grand Rapids, MI: Judy Burton did what most people do when they begin suffering unexplained pains while at home on a Saturday evening: she proceeded to the nearest emergency room to get checked out. The Michigan resident told FOX 17 News (11/17/17) that she wound up not requiring treatment after her pains subsided and after about an hour simply left the w...
  • Unum Group Shares Fall Sharply following 4Q Loss
    Feb-10-12 Chattanooga, TN Shares of the insurance company Unum Group dropped by a margin of nearly four percent on February 7, a day after the firm reported a $425.4 million loss in its fourth quarter, according to The Associated Press . The news outlet reported that the company noted it lost $1.45 per share in the quarter. During the same period in the prev...
  • 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...
  • Electronic Data Systems Inc. and Travelers Casualty and Surety Co. Flood Insurance Fraud Settlement
    Baltimore, MD: In 2000, Wayne Lutz filed a whistleblower lawsuit in federal court alleging his employer and insurance giant Travelers Casualty and Surety Co. defrauded the National Flood Insurance Program by knowingly paying claims for losses not covered under the federal flood program. Lutz came forward after noticing Electronic Data Systems was proces...
  • Legion Insurance Co. et al. Phillipsburg Insurance Claims Settlement
    Phillipsburg, NJ: The town of Phillipsburg filed a lawsuit against Legion Insurance Co., Aldwyn Group Inc., Health Choice Inc., Benefit Services LLC, Richard Ames, THU Enterprises Inc., and Westport RE. Back in 2000, the town was self insured and used third-party carriers to pay claims over $20,000. The lawsuit claimed Legion refused to pay $656,000 in...
  • MetLife Inc. Bid Rigging and Price Fixing Settlement
    New York, NY: New York Attorney General Eliot Spitzer filed charges against the nation's largest group life insurer after allegedly making payments to brokers to steer clients its way. A multiyear investigation revealed MetLife was engaged in bid rigging and price fixing. Spitzer argued contingent commissions paid to brokers and agents to steer busine...
  • UnumProvident Corp. Deceptive Practices Settlement
    Albany, NY: New York Attorney General Eliot Spitzer charged the disability insurance company with deceptive practices and claimed it made secret payments to brokers. The case claimed Unum improperly compensated brokers who pitched several insurance companies' policies to prospective customers. According to the terms of the settlement, UnumProvident will...
  • Zurich American Insurance Co. Market Allocation Scheme Civil Penalty
    Columbus, OH: The Ohio Department of Insurance filed a lawsuit against the company claiming it was involved in a market allocation scheme with another company. The Ohio Attorney General's office alleged Zurich American conspired with Marsh & McLennan Companies to eliminate competition by dividing its commercial customers. The state claimed Zurich misled...
  • West Marine Products to Settle California Labor Law Violations
    Apr-12-23 Santa Clara, CA West Marine Products has likely learned that it doesn’t pay to stiff your employees for overtime pay and meal breaks. After it was hit with to California labor lawsuits , the boating supply products company went after its insurer to cover the lawsuits. West Marine Wage and Hour Violations Back in 2014 Karen Taylor and Paulisa F...
  • St. Paul Travelers Cos. Inc. Insurance Settlement
    The St. Paul Travelers Companies, Inc. was under investigation regarding its producer compensation, insurance placement practices and "non-traditional" insurance products. The company has settled regulatory charges and awarded $42 million to The Attorneys General of New York, Connecticut and Illinois and the New York State Dept. of Insurance. The compan...
  • Gaming Giant to Settle ERISA Lawsuit for $5.5 Million
    Mar-28-23 St Joseph, MO On January 30, the federal district court for the Western District of Missouri gave preliminary approval to a $5.5 million settlement that will end Lipari-Williams v. Penn National Gaming, Inc . In their class action ERISA lawsuit , casino workers claimed that the company reduced their paychecks if they used tobacco in violation of ERISA,...
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