Blog Posts in 2007
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Insurance Company Money Grab - ERISA Subrogation
Posted By Klein Frank, P.C.Continue Reading
Many people faithfully pay their health insurance premiums so that they will be covered for major medical expenses. But after they are seriously injured, they have a rude awakening. Their insurance company wants its money back from any lawsuit, the insurance company wants the injured to pay for the litigation and do all of the work, and the insurance company may want all of the settlement - or all ...
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Serious Head Injuries Prompt Recall of Bumbo Baby Sitter Seats
Posted By Klein Frank, P.C.Continue Reading
Today, the U.S. Consumer Product Safety Commission announced a voluntary recall of Bumbo Baby Sitter Seats manufactured by Bumbo International, of South Africa. The recall stated: "If the seat is placed on a table, countertop, chair, or other elevated surface, young children can arch their backs, flip out of the Bumbo seat, and fall onto the floor, posing a risk of serious head injuries." The CPSC ...
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That's Allstate's Scam
Posted By Klein Frank, P.C.Continue Reading
In its advertising, Allstate constantly points the finger of blame at people who are injured in accidents and has created a mass marketing campaign to create the impression that people who are injured by their policyholders are frauds and scam artists. If you are in a car accident , you will likely see paperwork from insurance companies that warns you that if you commit any fraud, they will ...
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Auto - Pedestrian Accidents
Posted By Klein Frank, P.C.This week, Colorado saw too many pedestrian - automobile accidents on highways. On October 14, 2007, two pedestrians were hit while attempting to walkfrom a wreck on Interstate 25 in Lone Tree.One person in the car got out to inspect the damage and was injured when a second vehicle collided with the stopped vehicle, according to Lone Tree police. One of thepedestrians died today. Last weektwo ...Continue Reading -
Tile Perfect Stand 'N Seal Personal Injury Warning
Posted By Klein Frank, P.C.Continue Reading
Stand 'N Seal, a do-it-yourself product sold at Home Depot, has caused serious lung damage in consumers who used the product. The New York Times reports that this product, which was recalled in 2005, has stayed on the shelves at Home Depot. In August 2005, a voluntary recall of 300,000 cans of Stand 'N Seal was announced. At that time, the Rocky Mountain Poison Center said it had received reports ...
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Magnetix Defective Toy Injuries Lead to Expanded Recall
Posted By Klein Frank, P.C.We hope that the following post will prevent more deaths and serious injuries to young children as the result of a dangerous toy known as Magnetix. Additional serious injuries to children reported following the March 31, 2006 recall announcement of Magnetix Magnetic Building Sets have prompted the U.S. Consumer Product Safety Commission and Mega Brands America, Inc. ("Mega Brands", the new owner ...Continue Reading -
Midland National Life Insurance Company Annuity Lawsuits
Posted By Klein Frank, P.C.Continue Reading
If you are 65 years or older and have purchased an annuity from a bank or after attending a living trust or estate/financial planning seminar, you may be eligible to join in a class action lawsuit . Does This Story Sound Familiar to You? Ron was 73 when he purchased a life insurance annuity from Midland National Life Insurance Company. He paid a premium of $43,000.00 from the nice investment ...
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Annuities and the Elderly
Posted By Klein Frank, P.C.Continue Reading
The North American Securities Administrators Association reports that over 33 percent of all cases of financial exploitation of the elderly involve annuities. Hundreds of class actions have been filed against insurers in the past few years over annuity sales to the elderly, including one in Minnesota against Allianz for nearly 400,000 plaintiffs. Index based annuities are not regulated by the ...
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