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  • Unum Group Shares Downgraded to Neutral
    Dec-13-11 New York, NY The Unum Group was downgraded to Neutral from Buy by the equities research analysts at SunTrust in a research note that was issued to investors, according to Equities.com . Localized USA reported that SunTrust analysts were not the only ones to drop the Unum Group, as Citigroup cut its price target on shares from the insurance compan...
  • Attorney Maurice B. Graham on Equitable Recovery
    Mar-29-08 St. Louis, MO: Attorney Maurice B. Graham is a partner in Gray, Ritter and Graham, PC, a personal injury and complex business and commercial litigation firm. A 1962 JD graduate of the University of Missouri, Graham is former president of the Missouri Bar Association (1988-1989) and has served as a member and chairman of the Supreme Court Advisory Committee...
  • Settlement With Bankruptcy Trustee for Class Action Against HiEnergy Technologies, Inc
    A settlement was announced today, with the chapter 7 bankruptcy trustee in connection with a class action lawsuit pending against HiEnergy Technologies Inc, in the U.S. District Court for the Central District of California. The class action complaint alleges claims under the federal securities laws against HiEnergy Technologies, Inc. ("HiEnergy") arisi...
  • Disabled Pediatrician Sues Unum for Denied Long Term Disability
    Dec-17-17 Portland, OR: A medical doctor who carried Unum insurance for long-term disability has launched an Unum lawsuit against the global supplier of LTD insurance after the insured’s benefits were abruptly stopped, and his LTD claim denied. The benefit to the plaintiff, according to claims made in the Unum disability claims lawsuit, amounts to $12,500...
  • Katrina Victims Win Insurance Pay Out
    A couple who lost their retirement home and outbuildings in the catastrophic hurricane Katrina have been awarded $910,000 including $86,000 each for pain and suffering. The decision was made by a panel of jurors, and it is the maximum award their homeowner insurance policy can pay. Earlier, the couple's insurance company denied all but $46,000 of thei...
  • Attorney Explains Difference between Definition of Disability
    Sep-28-17 Minneapolis, MN: Chances are, if you are asked to define disability, it won’t be the same definition as written in your disability insurance policy. Attorney Kristen Gyolai with Fields Law Firm wants you to know that there is a discrepancy between policy holders and how that policy defines disability. Gyolai says the most important component t...
  • Wind and Hail Coverage, Allstate Corp. agrees to restore insurance coverage and pay $250,000 settlement
    Baton Rouge, LA: (Feb-21-08) State Insurance Commissioner Jim Donelon filed a lawsuit against Allstate Corp., alleging that the company had wrongfully canceled insurance coverage for hundreds of customers in south Louisiana, after Hurricane Katrina. Sources stated that Donelon's office fielded complaints from Allstate customers who say they lost wind and h...
  • 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...
  • American International Specialty Lines Insurance Co. Inc. agrees to pay $42.5 million settlement to clean up Fruit of the Loom site contamination
    Washington, DC: (Jan-09-08) The US Environmental Protection Agency and other agencies brought charges against a unit of American International Group Inc., the world's largest insurer, over clean up costs associated with hazardous waste sites in three states. Sources close to the case stated that the company agreed to pay $42.5 million to resolve allegation...
  • PG&E Executives Sued Personally for California Wildfire Damage
    Mar-22-21 San Francisco, CA On February 24, victims of deadly 2017 and 2018 California wildfires filed a lawsuit  in San Francisco Superior Court seeking to hold former officers and directors of PG&E liable for failing to protect them from the harm that followed from the 2018 Camp Fire and the 2017 North Bay Fires. In addition to devastating personal and p...
  • School Fire, School board accepts $17 million insurance settlement from Guilford County
    Guilford County, NC: (Dec-05-07) In an insurance lawsuit over the destroyed Eastern Guilford High School, the school board sought compensation for the damages caused by a fire on November 1, 2006. School officials claimed that it estimated that it would cost more than $60 million to build a new Eastern Guilford High School. The board has included $45 milli...
  • Infant Formula From China May be Contaminated Melamine
    FDA Warns Public Not to Use Formula From China Reports of a contaminated milk-based infant formula manufactured in China have prompted the FDA to issue a warning to the general public not to use infant formula manufactured in China. It should be replaced with an appropriate infant formula manufactured in the United States. There is no known threat of cont...
  • Unum Group Unfair and Unjust
    May-9-07 Chattanooga, TN Unum Group CEO Tom Watjen knew he had his work cut out for him in 2003, when he took over a company that came with a fair amount of baggage. Over the years, the enterprise known as Unum Provident had lost marks for being arrogant, given to undisciplined pricing, and a not-so-great reputation for delivering on benefits. Part of the fix...
  • Landslide Mitigation, Lexington Insurance agrees to pay Nevada County $2 million insurance settlement
    Las Vegas, NV: (Nov-06-07) The Nevada County Board of Supervisors brought charges against Lexington Insurance, after a dispute between Lexington and the county arose when a landslide occurred on the hill above the Cascade Shores sewer treatment plant in May 2005. The suit stated that though Lexington Insurance paid the emergency repairs, it had not agreed...
  • Title Kickbacks, Six homebuilders agreed to pay $1.4 million settlement after charging illegal title insurance
    New York, NY: (Oct-29-07) The Housing and Urban Development Department brought charges against six homebuilders, Pulte Homes Inc., KB Home, Beazer Homes USA Inc., Meritage Homes Corp., Ryland Group Inc. and Tousa Inc., alleging that they illegally established title insurance companies that took payments amounting to kickbacks. Title insurance protects home...
  • California Medical Malpractice Lawsuit News & Legal Information
    California medical malpractice claims are made against doctors or other healthcare professionals or organizations whose standard of care fails to meet an acceptable level. When the standard of care falls and a patient suffers harm as a result, a California medical malpractice lawsuit may be filed against the doctor, health care provider, or institution,...
  • Arbella Mutual Insurance Co. Policyholder Cancellation Settlement
    Boston, MA: (Sep-17-07) Attorney General Martha Coakley brought charges against Arbella Mutual Insurance Co., of Quincy, alleging that the company failed to adhere to guidelines spelled out in state insurance laws. Coakley's staff accused Arbella of failing to adhere to state guidelines when the company canceled a group of customers who had been with Arbel...
  • PACIF Grange Hall Arson Insurance Settlement
    Ferrisburgh, VT: (Jul-30-07) The town of Ferrisburgh brought a lawsuit against PACIF, an insurance company, over losses incurred after the town-owned former Grange Hall was destroyed by an arson fire on Feb. 15, 2005. The hall was scheduled to be renovated into a town office building and community center. The town had earlier received about $1.03 million f...
  • Legal & General Car Accident Insurance Settlement
    London, UK: (Jul-10-07) An insurance claim lawsuit was filed against Legal & General on behalf of Letchworth widower David Webb, whose wife was killed when a suicidal driver deliberately crashed into their car. Sarah Webb, 29, died in December 2004 when the car she was traveling in with her two-year-old daughter and her husband, was hit by an oncoming car...
  • "Byetta is my Dirty Little Secret"
    Nov-17-08 Cleveland, OH Although Deborah has not suffered acute pancreatitis from taking Byetta , she is concerned about long-term damage. Deborah was prescribed this drug off-label to lose weight but didn't know about Byetta pancreatitis until recently. And she is concerned about her health record. "I don't want Byetta on my health insurance profile because of...
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