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Sort by date 2,500 pages found matching insurance- Securities Fraud: MBIA Gambled... and You Lost
Feb-7-08 New York, NY The trouble with tottering giants is that they can take down a lot of smaller people with them if they fall. That's the trouble with the tottering bond insurer MBIA as it struggles to stay afloat after a plethora of risky investments have undermined its stability. Those investments, and MBIA's less than forthright communications about them,... - Medtronic Sprint Fidelis: A Twisted System
Feb-5-08 Washington, DC: Nearly a quarter million people today are carrying implantable cardiac defibrillators (ICDS) in their chests that use Medtronic Sprint Fidelis leads . If someone's heartbeat suddenly becomes dangerously irregular, these medical devices are supposed to apply a properly calibrated electric shock to restore normal heart function and save a li... - Jury Trials in 2008 Expected to Expose SSRI Maker's Dirty Secrets
Jan-23-08 Washington, DC: The blockbuster sales figures for the new generation of selective serotonin reuptake inhibitor antidepressants ( SSRI 's), which have resulted from their promotion for so many unapproved uses, represents the most profitable off-label marketing coup in the history of modern medicine. Sales total about $21 billion a year, according to IMS Hea... - Medtronic Sprint Fidelis Patients Unsure of What to Do
Jan-20-08 Miami, FL: In what may be the ultimate case of being stuck between a rock and a hard place, patients with implanted Medtronic Sprint Fidelis Leads face a difficult choice between keeping their leads implanted and potentially having the leads malfunction or undergoing risky surgery to have the leads removed. Each option carries its own risks, neither of t... - Preemption - Bush Administration Backs Medtronic in Supreme Court - Part I
Jan-1-08 Washington, DC: Under the arguments made before the US Supreme Court on December 4, 2007, by Deputy Solicitor General Edwin Kneedler, on behalf of the Bush Administration, in support of the medical device maker Medtronic, American citizens injured by a defective device would not be allowed to sue the manufacturer of a product, ever. In a nutshell, the g... - Burn Injuries Involve Many Legal Rights
Dec-21-07 Phoenix, AZ When people think of burn injuries, they typically think of the traditional injuries that occur during house or building fires. However, there are many different ways that burns can occur. And while the laws concerning burn injuries might seem straightforward—whoever caused the burn injury is responsible for the damages—the laws... - Retirement Fund Meltdown: Hint of Sub-Prime Mess in 2004
Dec-20-07 Iowa City, IA Keeping your money in a mattress does not a good investment make—but it suggests an element of safety and security that is often missing these days from certain retirement funds and products that carry increased investment risk . Mortgage-backed securities and other products, are proving the spoiler. With the normal flow of i... - Zyprexa Suicide: Husband Hung Himself
Dec-10-07 Rockford, IL: Sarah Thompson's (not her real name) husband, David, committed suicide on March 7, 2002, after taking Zyprexa for only three months. Thompson says she has no doubt that Zyprexa changed her husband and altered his thinking. The coroner may agree with Thompson—on David's death certificate, next to "How injury occurred," he wrote, "P... - First Unum: How can they Sleep at Night?
Dec-5-07 Clearwater, FL First Unum told Michelle Howard that her injury wasn't severe enough for long term disability benefits —despite her own doctor's reports. Instead, Unum relied on reports from their medical examiner—who didn't even see Howard! In March, 2002 Howard (not her real name pending a lawsuit against Unum , suffered an injury and wo... - Pizza Recall: Lawyer Demands General Mills Pay Medical Expenses
Nov-30-07 St. Louis, MO General Mills produced and distributed 120 million pizzas throughout the US during an E. coli outbreak that was linked to the company's Totino's and Jeno's pizzas. However, although the company did announce a recall, it only involved 5 million of those 120 pizzas produced. Considering that General Mills, the sixth largest food company in t... - Trasylol Suspect in Sister's Death
Nov-29-07 Fort Louis, WA Carmen Cortazar wants to know why her 35-year-old sister passed away two years ago during open heart surgery. So far, she doesn't have any answers. One thing the doctors did tell her was that her sister's kidneys could not be donated because they were damaged due to a medication used during surgery. Cortazar thinks that medication could have... - Michigan and Palm Beach County Ban Transgender Discrimination
Nov-28-07 Lansing, MI Michigan's Governor, Jennifer M. Granholm, recently issued an order that bars discrimination against state workers based on their "gender identity or expression". The resolution states, "State employment practices and procedures that encourage nondiscriminatory and equal employment practices provide desirable models for the private sector and l... - One Consumer Vows: No More Frozen Pizza
Nov-27-07 Battle Creek, MI Scott Arendt was one of Jeno's brand frozen pizza's best customers: he ate Totino's or Jeno's pizza as a snack almost daily. Not anymore. "I expect our food to be safe and I don't think I will ever eat a frozen pizza again," says Arendt. "A few weeks ago I came home from work and ate a Jeno's brand pizza --I eat them just about every da... - Complainants Awarded in Stockbroker Arbitration Cases
Nov-26-07 Buffalo, NY: People who believe they have been wronged by their stockbroker may feel that a lawsuit is the only way to recover their damage; however, stockbroker arbitration can be just as effective as, and less time consuming than, a lawsuit. In the past month, two large arbitration awards were handed out after an arbitration panel found in favor of t... - Stand n' Seal: Convenience That Killed
Nov-19-07 Denville, NJ The difference between a company knowingly misleading the consumer with a defective product , such as Stand 'n Seal , and the consumer injured from that product, is that in the end the company doing the misleading may have to pay some settlements, write off some legal bills, perhaps face increased insurance premiums—but at the end of... - Lilly Faces Mounting Legal Battles Over Zyprexa - Part I
Nov-8-07 Washington, DC: Since August 2006, as part of an on-going, multistate investigative effort by approximately 30 states, Eli Lilly has received civil investigative demands or subpoenas seeking a broad range of documents relating to the company's marketing and promotion of the antipsychotic drug Zyprexa , and more states are expected to join the effort. ... - Plane Crashes: Good News and Bad News
Nov-7-07 San Antonio, TX: Although airplanes are considered one of the safest methods of transportation, especially for long-distance travel, there are still risks associated with the air travel. The good news is that planes are checked and double-checked for safety before they are cleared for take-off and there are many rules that regulate air travel, helping to... - World Experts Demand End to Child Drugging in the US - Part II
Oct-27-07 Washington, DC: Mathy Milling Downing was a featured speaker at the annual conference of the International Center for the Study of Psychiatry and Psychology and told the audience that her anger is directed toward the FDA and drug companies, "for their incompetence and lack of concern for innocent children they have helped to kill, my little girl included."... - Seroquel Touted as a Miracle Drug. But is it Greed?
Oct-26-07 Wilmington, DE It's enough that the atypical antipsychotic drug Seroquel carries a host of potentially serious side effects that pose substantial risks. However, what's worse is an allegation that AstraZeneca, the makers of Seroquel, have been promoting the drug for off-label use for symptoms not approved or sanctioned by the US Food and Drug Adminis... - Have Lawsuits Changed Unum Group?
Oct-19-07 Chattanooga, TN In the past few years, Unum Group has faced repeated [ lawsuits ] alleging the company is guilty of illegally denying valid customer claims. Some of those lawsuits have been settled, while others have now been consolidated into class action lawsuits. In the face of growing criticism from customers and lawmakers, including a multi-state i...