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Case ID: 2692 | Insurance | 09/01/2004
Two related class actions have been filed against Rexam, Inc.--the current owner of the American National Can Company--and the Rexam Retired Employees Group Insurance Plan on behalf of employees who retired from National Can and who now allege that Rexam has violated the federal Labor Management Relations Act and the Employee Retirement Income Security Act (ERISA) by unilaterally reducing retiree medical benefits. The action seeks compensatory damages and an order from the court that will force Rexam to provide originally agreed-upon benefits to retirees.
The proposed class is made up of persons who are either retirees or the dependents of retirees from Rexam whose medical benefits were affected by collective bargaining negotiations between the United Steel Workers of America and Rexam or one of its successors in ownership of the American National Can Company. The action alleges that in early 2002, Rexam altered the medical benefits plan of retirees who had been employed by the American National Can Company so that their prescription drug costs increased. At Lawcash.com, it is our goal to keep you informed about important legal cases, class actions and settlements. Our lawyers offer free legal evaluations in tort cases, class actions, personal injury, and other lawsuits because we are dedicated to helping you resolve your legal complaints. Other Insurance Cases of Interest The parties have reached a tentative multimillion dollar settlement in an action filed against United Parcel Service, Inc. on behalf persons who bought "excess value" package insurance from UPS going as far back as 1984. The action alleges that UPS overcharged for the insurance in violation of state and federal laws. Customers will be able to apply for UPS vouchers once the settlement is finalized. A class action lawsuit has been filed in the District Court of Southern California against Universal Life Resources (ULR), an insurance broker that provides professional services concerning sponsorship, implementation and/or modification of employee-benefit plans, alleging conspiracy and fraudulently marketing, selling and administering insurance products through employee-benefit plans. Class members seek declaratory and injunctive relief, damages, costs and expenses of the action. Insurance laws vary highly from state to state, and consumers should use every available resource to know those laws. A Florida class action has been filed against Allstate Indemnity Company and affiliate Deerbrook Insurance Company on behalf of insurance policyholders who allege that the companies wrongfully denied coverage for magnetic resonance imaging (MRI) exams in violation of policyholder's personal injury protection (PIP) policies and Florida law.
The parties have reached a tentative $3.25 million settlement in several actions filed against John Alden Financial Corporation and certain of its officers and directors by stockholders who purchased the company's common stock between October 20, 1994, and May 3, 1995. Persons eligible to participate in the settlement must file a proof of claim postmarked no later than May 16, 2004. If the insurance system doesn't work as it should, dentists and doctors can be hurt as badly as their patients. The parties have reached a tentative $5 million settlement in a class action filed against insurer Aetna, Inc. and its subsidiaries on behalf of dentists who alleged that the Hartford-based insurer interfered with dental procedures to cut costs and forced dentists to comply with excessive paperwork in violation of antitrust laws and the federal Racketeering and Influenced Corrupt Organizations Act. Dentists who wish to take part in the settlement will have to fill out a claims form that is to be made available through the mail and on the settlement site that has been established by Aetna.
A nationwide class action has been filed against State Farm Fire & Casualty Company on behalf of policyholders who allege that, because they already had a history of claims against the company, it fraudulently under-compensated them on more recent claims in breach of their insurance contracts. |
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