Monthly Archives: <span>January 2010</span>

Allstate Settles Medical Bill Review Class Action Suit

Allstate entered into a settlement of a nationwide class action lawsuit involving the insurer’s computerized medical bill review system, Strasen v. Allstate, which has been pending in the Circuit Court of Madison County, Ill., for almost 10 years. This settlement …

TV Networks, Talent Firm Reach $70 Million Settlement With Older Writers

Seventeen major television networks and production studios and seven talent agencies have reached a $70 million settlement of complaints brought by 165 writers aged 40 or older who alleged age discrimination. Approximately two-thirds of the $70 million settlement payment will …

Best Affirms RSA Group’s ‘A’ Ratings

A.M. Best Co. has affirmed the financial strength ratings (FSR) of ‘A’ (Excellent) and issuer credit ratings (ICR) of “a” of the main UK operating subsidiaries of the UK’s RSA Insurance Group plc. Best also affirmed the ICR of “bbb” …

Supreme Court Seeks Government Opinion on Chase Credit Card Case

The Supreme Court on Monday asked the U.S. government for its opinion on a lawsuit against JPMorgan Chase & Co. that says it violated federal law by failing to notify credit card holders before raising interest rates because of late …

Stuck Gas Pedal Causes Second Major Toyota Recall

Toyota Motor Corp. built its reputation in the U.S. as a maker of safe and dependable vehicles, but the quality of the Japanese automaker’s fleet continues to be tarnished by serious safety recalls. Toyota said Thursday it is recalling 2.3 …

Fishermen Escape Injury when Boat Sinks in Maine

Three commercial fishermen escaped injury when their vessel sank in treacherous waters off eastern Maine. The Coast Guard says the three people aboard the Miss Priss abandoned their vessel Saturday afternoon after striking a submerged object in an area of …

Remedies Ordered in New York City Black Firefighter Case

New York City must revamp fire department hiring practices that discriminated against black applicants and possibly pay damages to thousands of victims, a judge ruled Thursday. In a written decision in federal court in Brooklyn, U.S. District Judge Nicholas Garaufis …

Workers at New Hampshire Manufacturing Plant Injured in Explosion

Four men were injured in an explosion at an adhesives manufacturing plant in Nashua, New Hampshire. Deputy Fire Chief Michael O’Brien says the explosion happened Saturday morning at Worthen Industries, which makes adhesives and coatings used in the apparel, automotive, …

Shareholders Sue Wells Fargo Executives

Wells Fargo & Co. shareholders last Thursday sued officers and directors of the fourth-largest U.S. bank, accusing them of embroiling the company in dubious tax shelters that led to millions of dollars in penalties and legal fees when back taxes …

Ethiopian Airlines Plane Crashes in Sea off Beirut, Bodies Found

An Ethiopian Airlines plane with 90 people on board crashed into the sea shortly after taking off from Beirut in bad weather early on Monday. Four bodies were recovered as a search for survivors began. The Boeing 737-800, heading for …