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Archive for the ‘Insurance’ Category

I saw an excellent post about how Congress, including Democrats, weakened oversight of the financial system in the 90’s by restricting investor lawsuits. It is located on John Russonello’s blog, and I caught it after seeing it referred to in that venerable blog, Tort Deform.  Here is Mr. Russonello’s opening salvo:

President Obama’s pledge to bring back some [...]

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Here is a good op-ed from Leonard Sloane about how tort reform, if enacted, will lift the floodgates on corporate fraud and wrongdoing.
“Tort reform” doesn’t work. Texas is the national model for so called “tort reform,” but medical-malpractice insurance premiums there only went down by 1.2 percent… “Tort reform” leads to unsafe health care. What [...]

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Perhaps no other public agency is the butt of as many jokes as the post office. But the mailing, and alleged late receipt of, a premium payment was no laughing matter for the petitioners in a Long Island based life insurance dispute. (See Fidelity Nat’l Title Ins. Co. v. Regent Abstract Serivces Ltd., N.Y. Cty. 110144/08, [...]

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A few days ago, I posted a video that was recently released by the Chamber of Commerce entitled “Faces of Lawsuit Abuse” showing images of those who have supposedly suffered severe hardship as a result of so-called frivolous lawsuits.
The implication was of bankrupted individuals and ruined small businesses because of greedy trial lawyers. Of course, it was all [...]

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It hardly seems fair, but hey, I guess that’s federalism … at least in a class-action decided by the Eighth Circuit against insurance companies for allegedly charging higher homeowners insurance rates to residents of the “black community” in Kansas City, Missouri, when compared to the same coverage provided to residents of the city’s “white community.”
Judicial View reports how [...]

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Here is a wonky piece on health insurance companies trying to edge in on personal injury verdicts and settlements….
In New York, if health insurance covers your medical expenses, you cannot seek reimbursement for them in a personal injury lawsuit. Yet health insurance companies often attempt to either intervene in such lawsuits or obtain reimbursement from [...]

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