Wednesday, 4 January 2006
Insurance Makes A Court Appearance
Some of the biggest regional and local insurance headlines of last year covered insurance disputes that had landed in court.
The Insurance Journal lists some of 2005’s most interesting developments, including:
- Jurors in New Jersey said Merck & Co. should not be blamed for the death of a 60-year old Idaho postal worker who suffered a heart attack after taking the company's Vioxx painkiller. Merck lost an earlier trial in Texas and was told to pay $253 million to the widow of a Vioxx user. Merck is appealing that verdict.
- The Supreme Court of the State of New York, County of Nassau, reversed a lower court decision that found an insurance agent could potentially be held responsible for misrepresentation in a life insurance application.
- New Hampshire implemented changes to its small group health system while controversy swirled about Maine's Dirigo health plan and its costs. Massachusetts Gov. Romney proposed a plan that would require all residents to buy health insurance.
To read the entire list, visit the Insurance Journal online.
Technorati Tags: Insurance
Posted by at 8:25 AM in Insurance
