Wisconsin High Court Ruling: Bad Faith Can Apply to HMOs
HMOs Accountable For Negligent Actions. A recent legal development may offer an alternative mechanism for health care providers and the organizations representing them to hold HMOs accountable for certain negligent actions. In November 1997, the Supreme Court of Wisconsin affirmed a decision of the court of appeals which … [Read more...] about Wisconsin High Court Ruling: Bad Faith Can Apply to HMOs
Louisiana Insurance Commissioner Seeks Limit Insurance Companies After Double Dose of Ike and Gustav
A plan to protect hurricane victims from massive insurance deductibles. As residents of the Gulf Coast work to rebuild after Hurricanes Ike and Gustav, lawmakers in one state are working on a plan to protect hurricane victims from massive insurance deductibles. The plan being considered in Louisiana would limit insurance companies … [Read more...] about Louisiana Insurance Commissioner Seeks Limit Insurance Companies After Double Dose of Ike and Gustav
Hurricane Ike Insurance Claims Response Said to be Slow
The shear scope of the disaster is slowing down the process. Insurance companies are asking policyholders for patience in the wake of Hurricane Ike, as it could be days before many are contacted by adjusters. Though thousands of adjusters and special catastrophe claims handlers have fanned out across hurricane stricken areas in Texas … [Read more...] about Hurricane Ike Insurance Claims Response Said to be Slow
Connecticut Announces Unclaimed Life Insurance Death Benefit Investigation
The Way Insurance Companies Handle Unclaimed Life Insurance Death Benefits. Connecticut is the latest state to begin a probe into the way insurance companies handle unclaimed life insurance death benefits. Similar investigations are already underway in California and Florida. gain While they seem to have no trouble using a … [Read more...] about Connecticut Announces Unclaimed Life Insurance Death Benefit Investigation
Bad Faith Insurance Rack up Record Profits by Cheating Customers
Insurance Companies Rack up Record. Bad faith insurance companies like Allstate and State Farm systematically lowball claims, delay paying on them or arbitrarily change the terms of homeowners’ insurance policies in order to limit the amount of money they spend on claims. According to an article on Bloomberg.com, these … [Read more...] about Bad Faith Insurance Rack up Record Profits by Cheating Customers
Settlement Proposed in Paxil Class Action Lawsuit
Paxil Class Action Lawsuit. A settlement has been proposed in the so-called Paxil "split pill" class action lawsuit. According to a press release, if approved, the settlement will provide up to $28 million to claimants and their insurance companies. Paxil is part of a class of antidepressants called selective serotonin reuptake … [Read more...] about Settlement Proposed in Paxil Class Action Lawsuit
