Category Archives: Unpaid Life Insurance Death Benefits

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Federal Judge Certifies Medtronic Infuse Shareholder Class Action Lawsuit

A shareholder lawsuit alleging Medtronic Inc. illegally promoted the off-label use of its Infuse bone growth product has been granted class action status by U.S. District Judge Paul Magnuson of Minnesota. According to a report from Law360.com, the Medtronic Infuse off-label promotion lawsuit was filed by several institutional investors on ...

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Canadian Warning Issued for Actos Bladder Cancer Side Effect Risk

Health Canada has become the most recent national drug regulator to issue a warning about Actos and bladder cancer. Last month, the agency warned that interim results from a 10-year-study indicated that patients taking Actos for more than a year faced an increased risk of bladder cancer. Health Canada also ...

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Medtronic Infuse Studies Faulted for Downplaying Side Effects

Medtronic Inc.’s published studies for its Infuse bone graft product may have downplayed serious side effects, according to an analysis published last year in The Spine Journal. The study, which drew on U.S. Food & Drug Administration (FDA) documents and other data sources, suggests that up to half of ...

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Pennsylvania Health System Proposes Comprehensive Fracking Study

A proposed study would examine the health effects of hydraulic fracturing (fracking) drilling on the people living closest to active natural gas wells.

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Study Suggests Hormonal Contraceptives Linked to Brain Tumor

Study Suggests Hormonal Contraceptives Linked to Increased Brain Tumor Risk

A study of Danish women of reproductive age suggests that long-term use of hormonal contraceptives is associated with an increased risk of brain tumors.

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West Virginia Man Claims Metal-on-Metal DePuy Pinnacle Hip Replacement Led to Pain, Elevated Cobalt Levels

A West Virginia man fitted with a metal-on-metal version of DePuy Orthopaedics’ Pinnacle Hip Implant System has filed suit against the company and its parent, Johnson & Johnson, alleging the device caused him to suffer pain and elevated cobalt levels. The Plaintiff is being represented by the national law ...

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EMA Seeks Stronger Pradaxa Guidance for Bleeding Side Effects

Regulators in Europe have again asked Boehringer Ingelheim, the manufacturer of the blood thinner Pradaxa, to update the drug’s label with additional information regarding Pradaxa bleeding side effects. According to the European Medicines Agency (EMA), the new guidance should include more specific information on when Pradaxa must not be used, ...

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Stryker Metal Hip Implant Component Recall Bad News for Makers of Metal-on-Metal Hip Replacement Devices

Stryker’s recent recall of two metal hip implant components, the Rejuvenate Modular and ABG II modular-neck hip stems, may have dealt a serious blow to one of the key arguments medical device manufacturers have made to defend their metal-on-metal hip replacements. Facing thousands of lawsuits, the makers of ...

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FDA Warning for Bone Graft Products in Patients Under 18

FDA Safety Warning for Bone Graft Products in Patients Under 18

FDA issued safety alerts to patients, parents & guardians, bone graft devices w/recombinant proteins or synthetic peptides not to be the first treatment for 18 & under.

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Actos, Avandia May Up Risk for Diabetic Macular Edema

A West Virginia man fitted with a metal-on-metal version of DePuy Orthopaedics’ Pinnacle Hip Implant System has filed suit against the company and its parent, Johnson & Johnson, alleging the device caused him to suffer pain and elevated cobalt levels. The Plaintiff is being represented by the national law ...

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Regulators Pressing Life Insurance Companies on Unpaid Death Benefits

Some state regulators believe life insurance companies may have failed to pay more than $1 billion in policies over the past decades to beneficiaries who did not file a claim following the death of a policyholder.  Now, according to a … Continue reading

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MetLife Settles With States Over Unclaimed Life Insurance Benefits

Life insurance giant, MetLife has settled with more than 30 states over unclaimed life insurance benefits, agreeing to pay close to $500 million. The states claim that MetLife never provided life insurance benefits to some policyholders, wrote Bloomberg Businessweek. MetLife … Continue reading

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Prudential Financial Faces More Scrutiny Over Unpaid Life Insurance Death Benefits

The Massachusetts and Minnesota attorneys general are investigating the way Prudential Financial handled unclaimed life insurance policy death benefits. According to a recent filing with the U.S. Securities and Exchange Commission (SEC), Prudential was also recently informed that an office … Continue reading

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MetLife Hit with Shareholder Lawsuit Over Unclaimed Death Benefit Policies

A MetLife shareholder has filed an investor class action lawsuit over the way the insurance company handles unclaimed death benefits. The lawsuit alleges that MetLife used the U.S. Social Security Administration’s “Death Master File” database to stop making annuity payments … Continue reading

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Illinois Whistleblower Lawsuit Filed over MetLife, Prudential Unclaimed Life Insurance Benefits

A whistleblower lawsuit filed in an Illinois court claims insurers MetLife Inc. and Prudential Financial Inc. each knowingly committed “massive fraud” by failing to hand over unclaimed death benefits to the state’s abandoned property department. The lawsuit is the latest … Continue reading

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New York Focus on Unpaid Life Insurance Benefits Nets Millions in Payments to Beneficiaries

New York State regulators’ decision to look into the handling of unpaid life insurance benefits appears to have already produced results. According to a report from Reuters, life insurance companies have paid more than $50 million in benefits to nearly … Continue reading

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Ohio Life Insurance Companies Sued Over Handling of Unclaimed Death Benefits

Western & Southern Mutual Holding Co. and Columbus Life Insurance Co., both based in Ohio, have been named in a lawsuit accusing them of failing to use a U.S. Social Security Administration database to make sure < "http://www.yourlawyer.com/topics/overview/Unclaimed-Life-Insurance-Death-Benefits-Lawsuit">unclaimed death benefits … Continue reading

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California Investigating MetLife, Other Life Insurance Companies Over Unclaimed Death Benefits

California Insurance Commissioner Dave Jones announced in May that he had opened an investigation into the way 10 large life insurance companies handle < "http://www.yourlawyer.com/topics/overview/Unclaimed-Life-Insurance-Death-Benefits-Lawsuit">unclaimed death benefits. At the time, Jones said he had already uncovered evidence that one insurer … Continue reading

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Florida Settles with Insurer Over Unpaid Death Benefits

In May, John Hancock Life Insurance Company reached a settlement with the state of Florida over the way it handles < "http://www.yourlawyer.com/topics/overview/Unclaimed-Life-Insurance-Death-Benefits-Lawsuit">unpaid life insurance death benefits. Without admitting any wrongdoing, John Hancock agreed to pay $3 million to the Florida … Continue reading

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New York Intensifies Probe into Unpaid Life Insurance Death Benefits

Over the summer, regulators in New York stepped up investigations into the way big life insurance companies handle < "http://www.yourlawyer.com/topics/overview/Unclaimed-Life-Insurance-Death-Benefits-Lawsuit">unpaid death benefits. As part of its probe, the New York Attorney General’s office subpoenaed nine large insurance companies, including AXA … Continue reading

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