Patients and physicians have endured horrific injustices due to the recent boom in the managed care industry. However, the press has largely failed to report how the powerful insurance industry has successfully lobbied Congress to prevent managed care companies from facing liability for the wrongful denial of benefits. This huge loophole allows managed care corporations […]
In a recent article in Insurance Journal, it was reported that GMAC Insurance announced a new product for owners of Recreational Vehicles (“RV”). Recognizing that RVs are unique motor vehicles, GMAC Insurance has tailor made a product for this specialized vehicle, which is available in a handful of states currently, but will be available nationwide […]
Interesting article in Insurance Journal about recent U.S. Supreme Court decision throwing out $79.5 million in punitive damages awarded by Oregon jury against cigarette maker Philip Morris. Read the full article on InsuranceJournal.com.
As I commented on my recent interview on UPN9 news, concerning dog bite attacks in New Jersey, the lack of mandatory liability insurance coverage by dog owners, particularly of breeds that have been known to have had dangerous histories, results in a tremendous problem for victims of serious dog bite attacks. Dog bite victims often […]
The Star Ledger reported last week that a New Jersey state legislative committee voted unanimously to force state regulators to redraft the price controls on over 1,000 medical procedures and devices relating to the treatment of victims of automobile accidents. The insurance industry as well as the state Department of Banking and Insurance have been […]