Settlements Payment

Allstate in $10m Claims Handling Settlement US insurer Allstate is to create a $10m fund as part of a settlement related to its use of software to review bodily injury claims The agreement comes after an 18 month multi-state market conduct exam by the National Association of Insurance Commissioners into Allstate's claims handling practices. The exam focused on Allstate's use of claims hand ... read more>>   Catholic Settlements and Day Nurseries in Chicago The work of well-known Chicago social settlements such as Hull-House has been written about extensively, but, as Deborah Skok notes in her introduction to More than Neighbors: Catholic Settlements and Day Nurseries in Chicago, 1893-1930, "… the work of Catholic women's settlements has until fairly recently been largely invisible" (p. 3). Although t ... read more>> Colorado Receives Settlement from Elan Pharmaceutical Colorado will receive more than $210,000 as part of a settlement with Ireland-based Elan Corp. This settlement is to resolve allegations that Elan - through subsidiary Elan Pharmaceuticals - improperly marketed its anti-epileptic, anti-seizure drug Zonegran for off-label uses. The state's portion is part of a $101 million settlement against Elan ... read more>>   Debt Settlement Rules Have Gaps Back in 2005, Phillip Shamas of Roswell, N.M., was struggling with $11,000 in debt. He turned to a debt-settlement company to find a way out of his financial hole but ended up paying thousands of dollars in fees while his credit record worsened and his debt barely shrank. Fortunately, new federal regulations will help consumers from being ripped o ... read more>> Early Americans in Texas IN APRIL 2010, THE AIA awarded its fifth Site Preservation Grant to the Gault School of Archaeological Research (GSAR) in central Texas to support the expansion of educational and outreach programming at the Gault Site--GSAR's largest and best-known project. The Gault Site is widely regarded as one of the most significant archaeological sites for ... read more>>   Fraud Settlements Bring in $2.5 Billion for Feds Tony West, assistant attorney general at the U.S. Justice Department's civil division, delivered that message last week when he announced the government's biggest-ever take from healthcare cases under the False Claims Act: $2.5 billion. Since the early days of the Obama administration, the Justice Department and HHS have promised they would dedica ... read more>> Madoff Feeder Fund Settles with Massachusetts One of the largest feeder funds for Ponzi scheme architect Bernard Madoff agreed Tuesday to an $8 million settlement that's expected to repay in full a small group of Massachusetts clients who lost money in the massive scam. Without admitting or denying wrongdoing, the Fairfield Greenwich Group also agreed to a $500,000 fine for the cost of the pr ... read more>>   New York AG Reaches $18 Million Settlement Attorney General Eric T. Schneiderman has reached a settlement with Young Adult Institute Inc. organization officials Philip H. Levy and Karen Wegmann, and former CEO Joel M. Levy, resolving allegations that they defrauded the Medicaid program. YAI, the state’s largest residential service provider, will pay $18 million in damages and significantly ... read more>> PJM Settlement, Now Handling PJM Member Transactions A new PJM Interconnection subsidiary, PJM Settlement, Inc., has begun handling all settlements and issuing billing statements for PJM members' wholesale electricity market and other transactions. The change reduces members' credit risk. "PJM Settlement, Inc. benefits our members by providing clear legal standing to collect unpaid balances of defau ... read more>>   Settlement in Buffalo Following five years of wrangling, Erie County Medical Center, Buffalo, N.Y., and county officials have settled a dispute over the county's continued obligation to pay annual subsidies to the hospital. Under the terms of the agreement, reached late last year, Erie County will provide $16.2 million annually to help the formerly county-owned safety ... read more>>