Allmerica Settles Class Action

D'Allegro, Joseph
December 1998
National Underwriter / Life & Health Financial Services;12/14/98, Vol. 102 Issue 50, p3
Reports that Massachusetts-based insurer Allmerica Financial Corp. has agreed to settle a class action lawsuit charging it with misleading policyholders. Value of settlement to policyholders; Number of policies affected by the lawsuit; Claims against the insurer; Options offered to policyholders.


Related Articles

  • Judge OKs Allmerica Class Settlement.  // National Underwriter / Life & Health Financial Services;5/31/99, Vol. 103 Issue 22, p26 

    Reports that Judge Nathaniel Gorton of the United States District Court has approved a class action settlement agreement by Allmerica Financial Corp. Details on the settlement agreement; Information on the suit.

  • Mass. High Court Says Excess Carrier Not Bound By Primary's Settlement Decision. Hughes, John D.; Laurie, Robert D. // National Underwriter / P&C;11/5/2007, Vol. 111 Issue 41, p25 

    The article reports on the decision of the Massachusetts Supreme Judicial Court concerning the dispute between Allmerica Financial Corp. and certain underwriters at Lloyd's. The court ruled that an extra professional liability insurer is not bound by primary's settlement decision. It states that...

  • Score One for the Docs. Betbeze, Philip // HealthLeaders Magazine;Jul2007, Vol. 10 Issue 7, p54 

    The author reflects on the victory posed by physicians over the longstanding payment practices of health insurers. He argues that the decision of 23 Blue Cross and Blue Shield insurers to settle a class-action lawsuit with some 900,000 physicians puts to rest an expensive experiment for health...

  • Oxford Health Reaches Settlement Principles In Suits Against Excess Carriers On Securities.  // Insurance Advocate;9/1/2003, Vol. 114 Issue 33, p11 

    Reports that Oxford Health Plans Inc. has reached an agreement in principle to settle its pending lawsuit. Lawsuit against some of the excess insurance carriers who provided insurance coverage in connection with the previously settled 1997 securities class action against the company; Agreement...

  • UICI Denies Any Wrongdoing, But Enters Settlement Of Many Pending 'Association Group' Lawsuits.  // Insurance Advocate;5/24/2004, Vol. 115 Issue 20, p16 

    Reports on UICI's agreement to settle a substantial number of its pending association group lawsuits, without acknowledging any fault, liability or wrongdoing of any kind, and subject to the satisfaction of certain conditions. Execution of a definitive Stipulation of Settlement and Release...

  • Another patients' Rx pricing lawsuit settled.  // Drug Topics;3/1/99, Vol. 143 Issue 5, p9 

    Reports that California health clinics and hospitals are getting $148 million worth of prescription medicine for poor and indigent patients as part of the settlement of a consumer class action lawsuit with 17 brand-name firms in the state. Firms' pledge to pay up to $29 million for attorneys'...

  • Class-action settlements a key tool.  // Business Insurance;8/12/96, Vol. 30 Issue 33, p8 

    Opinion. Comments on the differences between the 5th US Circuit Court of Appeals and 3rd US Circuit Court of Appeals' decision on whether to approve certain class-action settlements. Benefits of class-action settlements for companies; 5th Circuit's approval for a global personal injury...

  • Stucco Settlement. Bodensteiner, Peter // Builder: The Magazine of the National Association of Home Builde;May2000, Vol. 23 Issue 6, p48 

    Reports on the settlement of North Carolina class-action lawsuit between homeowners and manufacturers of synthetic stucco product. Consequence of exterior insulation finish systems trapping moisture within walls; Faulty installation blamed on moisture damage; Average payment per home.

  • Partial payments from pharmacy class action expected this summer. Conlan, Michael F. // Drug Topics;6/19/2000, Vol. 144 Issue 12, p30 

    Discusses the partial payments to be given to pharmacies as part of a settlement for a class action suit filed against major drugmakers and wholesalers in the United States. Amount of money that a pharmacy is entitled to get; Distribution of the settlement fund; Details on the negotiation of...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics