Insurance

New Jersey Supreme Court Issues Ruling in $500M Contamination Lawsuit

The New Jersey Supreme Court has ruled in favor of Givaudan Fragrances Corporation (Fragrances) in a $500 million insurance coverage lawsuit against Aetna Casualty & Surety Company and additional insurers named as defendants. The move affirms that New Jersey policyholders do not lose coverage when a company restructures, as an anti-assignment clause is not a barrier to the post-loss assignment …


State Farm Files Lawsuit to Block Historic Rollback in Insurance Rates

Last month, California Insurance Commissioner Dave Jones ordered more than $100 million in refunds for nearly 2 million State Farm policy owners, alleging the company charged excessive rates for its homeowners and renters insurance. It apparently was the first such refund approved since California’s landmark Proposition 103 rolled back a wide swath of insurance rates nearly three decades ago, …


UnitedHealth, OptumRX Targeted in Latest Class-Action Suit Alleging Prescription Scam

A UnitedHealth Group Inc. plan participant has filed suit against the insurance company for allegedly overcharging for prescription drugs after New Orleans television station Fox 8 revealed the findings of its investigations into prescription drug costs. In a segment entitled “Medical Wa$te,” Fox 8’s Lee Zurick investigated the “rising costs of prescription meds and questionable …


ALLSTATE SHAREHOLDER ALERT BY FORMER LOUISIANA ATTORNEY GENERAL: KAHN SWICK & FOTI, LLC REMINDS INVESTORS WITH LOSSES IN EXCESS OF $100,000 of Lead Plaintiff Deadline in Class Action Lawsuit Against the Allstate Corporation

If you purchased shares of Allstate and would like to discuss your legal rights and how this case might affect you and your right to recover for your economic loss, you may, without obligation or cost to you, call toll-free at 1-877-515-1850 or email KSF Managing Partner Lewis Kahn ( [email protected] ). If you wish to serve as a lead plaintiff in this class action, you must petition …


House Republicans Ask Court to Delay Their Lawsuit to Blow Up Obamacare

House Republicans Ask Court To Delay Their Lawsuit To Blow Up Obamacare Huffington Post Yesterday, 7:07 pm House Republicans want a federal appeals court to let them delay the next phase of their lawsuit against President Barack Obama that would have devastating consequences for the Affordable Care Act. A lower court this year ruled in favor of House Republicans’ claim that the Obama …


Health Insurers Can Reject Your Claim by Saying You Broke the Law, Even Without Charges

The largest health insurance company in Idaho is fighting one federal lawsuit and recently lost a second after refusing to pay medical bills for two men who were seriously injured in motorcycle crashes. Blue Cross of Idaho denied those claims based on a little-known exception: Insurers may refuse coverage when a patient is found to have committed “illegal acts.” Idaho law says health insurers …


Consumer Group Sues Anthem Blue Cross for Allegedly Misleading Consumers on 2017 Health Plans

Calling it a classic “bait and switch,” a California consumer group on Tuesday lashed out at Anthem Blue Cross of California, claiming it failed to adequately warn customers they were being shifted in 2017 to brand-new, stripped-down plans. Santa Monica-based Consumer Watchdog announced it has filed a class action lawsuit against the health insurance giant after Anthem moved hundreds of …


Judge Orders NFL to Reveal More About Concussions

When the National Football League and retired players settled a class-action lawsuit about brain damage in 2015, the agreement raised as many questions as it answered. The $1 billion question: What did the league know? Because the settlement was reached without the evidence-gathering process known as discovery, the NFL did not have to reveal what it knew about the long-term effects of repeated …


Judge Denies Motion to Delay Huguely Lawsuit

A Charlottesville Circuit Court judge denied a request Tuesday to stall the wrongful death lawsuit against George Huguely. Huguely was convicted of killing his girlfriend, University lacrosse player Yeardley Love, in 2012. In their $29.45 million …


Liberty Mutual to Pay $925K in Accident Forgiveness Ad Lawsuit

Liberty Mutual auto insurance carrier has settled a consumer protection lawsuit that alleged its television commercials advertising an accident-forgiveness program were misleading to Californians, the San Diego County District Attorney’s Office said Thursday. The $925,000 settlement, approved Wednesday, will be divided among district attorney’s offices in San Diego, Riverside and Los Angeles …