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Sort by date 2,500 pages found matching insurance- 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... - Vulnerable Groups Being Wrongly Denied Disability Claims
Jan-1-14 Dallas, TX When people have insurance policies or guarantees they will be taken care of in the case of an insurance or disability claim, they tend to believe that those who promise to take care of them will act in good faith. But claims are often made about insurance companies and organizations that are meant to provide disability insurance acting in b... - 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... - Home Warranties Leaving Policyholders Out of Pocket
Dec-27-13 Chicago, IL One of the big questions facing people who purchase major appliances and home systems is whether or not to get home warranty insurance . The supposed benefits of such insurance are that the extended warranty will cover the policyholder in case the appliance or system breaks down. Unfortunately, some homeowners are learning that having the po... - 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... - California Insurers Told to Allow Speech Therapy
Dec-13-13 Los Angeles, CA Following complaints of denied disability insurance made by California insurance policyholders, regulators in California have told insurance companies that they must allow speech and/or occupational therapy for patients. Some policyholders have complained about having their California insurance claim denied after they filed claims for s... - 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... - Patients Battle Surprise Emergency Room Charges
Feb-20-19 Washington, DC Dr. Joaquin Lopez ‘s surprise emergency room bill came after he and his insurer had already paid $11,000 toward the cost of emergency gallbladder surgery . For dentist Brad Buckingham, who fell off his bicycle, the shock was a $70,000 bill to repair a broken hip. For Stacey Shapiro, it was a $6,720 emergency room fee to treat sudd... - Attorney Files ER Overcharges Class-Action Lawsuit
Oct-29-13 Los Angeles, CA Attorney Barry Kramer has filed a class-action claim on behalf of uninsured people who were overcharged emergency room (ER) fees by the Swedish Medical Center. “We have filed a class action in the state of Washington. The class has been certified and individuals affected by ER overcharges will soon receive notice,” says Kra... - 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... - Swindled Seniors: Former California Judge to Be Sentenced, Florida Lawsuit Continues
Sep-23-13 Fort Myers, FL An elderly woman who earned just $1,800 in monthly income between her Social Security check and her pension was somehow persuaded to take out a life insurance policy worth $7.5 million. According to her son’s financial elder abuse attorney, the woman was saddled with a trust and allegedly persuaded to take out a loan valued at $1.1 mil... - Fire, Fire Everywhere
Sep-13-13 San Diego, CA A wildfire could be coming to a neighborhood near you. Better get ready. Last month, The National Interagency Fire Center, headquartered in Boise, Idaho, put the nation on high alert for the fifth time in 10 years. A Preparedness Level 5, or PL-5, means that there are so many fires burning in so many regions of the country that firefig... - Variable Annuities Attorney: “Variable Annuities Are Not Bought, They’re Sold”
Sep-9-13 Kansas City, MO Some retirees and people nearing retirement who purchased variable annuities for retirement income were very surprised to receive letters informing them that their guaranteed variable annuity payment was not so guaranteed. Diane Nygaard, partner at Kenner Schmitt Nygaard, LLC, says insurance companies have been backing away from promise... - With Home Warranties, Getting to Home Base Not Necessarily a Home Run
Aug-25-13 Tallahassee, FL Just as there are various issues that can arise from the construction and habitation of a home, so too is the variation in warranties assigned to a home in order to guarantee that the home is habitable and free from workmanship defects. Various home warranty companies either underwrite new home warranties or offer to the homeowner an ex... - ER Charges: Underserved and Over-Charged thanks to Upcoding
Jan-10-19 Los Angeles, CA: When a nine-year old accidentally had gasoline splashed in her eyes, her mother immediately drove her to the closest hospital emergency room. They were directed to the eyewash station but it was so dirty they couldn’t use it, so Brianna’s mom rinsed her daughter’s eyes at a regular sink. Turns out, they would have been b... - 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...