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Sort by date 7,886 pages found matching health insurance- 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... - 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... - Colorado Bill Aimed to Prevent Unum-like Denials
Apr-1-10 Denver, CO With an eye towards preventing the kinds of practices once employed by Unum over the years and under a variety of names, including First Unum, Unum Insurance and Unum Provident, the Colorado Senate in early March passed a bill that would prohibit the payments of bonuses or financial incentives by insurance companies to adjusters who deny or... - 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... - 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... - Overdraft Fees Waived During COVID-19 Pandemic
Apr-2-20 Washington, DC Some banks are pitching in during the COVID-19 pandemic by forgoing overdraft charges and other actions that can support consumers. Banks aren’t known for their philanthropy: In return financial institutions can earn credit toward their Community Reinvestment Act requirements (CRA). The Federal Reserve, Federal Deposit... - 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... - What Counts as Evidence in Sexual Abuse Cases?
Nov-11-24 Santa Clara, CA Sexual abuse, includes many forms of sexual abuse--whether priest sexual abuse or by figures of authority, workplace or personal relationship abuse, and refers to much more than just the tragic occurrence of rape. It can involve coercion, threats, inappropriate behavior, indecent exposure, drugs, and more. All cases are diff... - 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... - A Setback for Suboxone Film Plaintiffs: Northern District of Ohio's Dismissal Decision
Nov-6-24 Cleveland, OH On September 10, 2024, the Northern District of Ohio dismissed claims against Indivior PLC and two Reckitt Benckiser entities in Suboxone (Buprenorphine/Naloxone) Film Products Liability Litigation in the multidistrict litigation centralized in the Northern District of Ohio. The court’s decision is a significant setback for indiv... - Exactech Knee Lawsuit Trial Update
Sep-26-24 Santa Clara, CA The first Exactech knee bellwether trials in multi-district litigation are slated for July and September 2025. At least 1,670 Exactech lawsuits are involved, blaming a packaging problem that caused hip, knee, shoulder and ankle implants to degrade and fail long before their time. Some patients required replacement surgery within a few yea... - City of Glendale, CA Police Raid Settlement
With information from an organization of insurance companies, Glendale police raided the home of Rouhel Feinstein. During the February 2001 raid, no evidence was found to support insurance fraud allegations and Feinstein was eventually exonerated. Feinstein and his wife, Marilyn Slome, sued the city for civil rights violations. The National Insurance Cr...