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Archive for the ‘Uncategorized’ Category

Study Shows Statin Drug Not Helpful to Children

Saturday, August 2nd, 2008
          The world’s top selling drug, a cholesterol fighter, does not show to help children overcome a learning disability that common and genetically linked. Past studies with lab mice showed that simvastatin helped the learning and attention deficits caused by neurofibromatosis 1, a disorder that alters activity in the brain. However, a more recent test by Lianna Krab of Erasmus MC University Medical Center, Sophia Childrens’ Hospital, Rotterdamn, The Netherlands says that a test of the drug on 62 children with the condition did not help. Neurofibromatosis 1 affects memory, motor skills, and general cognitive disabilities by causing tumors involving nerve tissue. This condition affects one in every 3,000 children.

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          Children in the study were given either the drug simvastatin or an inert placebo for three months. According to the report published in the Journal of the American Medical Association, "Simvastin did not improve cognitive function in children" with the disorder and should not be suggested for that use.
           If you or a loved one has been harmed by a dangerous drug or product, contact the personal injury lawyers at Cappolino Dodd Krebs LLP today, at 1-800-460-0606.

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AAJ’s Ten Worst Insurance Companies

Friday, July 11th, 2008
            The American Association for Justice (AAJ) conducted an extensive investigation to determine the worst insurance companies in America. These include homeowners and auto insurers, health insurers, life insurers, and disability insurers. 
            According to AAJ, Allstate is placed at the top of the worst insurance provider list; this is largely due to the fact that their primary mission is to “earn a return for the shareholders.” As a senior executive at the National Association of Insurance Commissioners (NAIC) said, “The bottom line is that insurance companies make money when they don’t pay claims.” Allstate even goes so far as to distribute corporate training manuals explaining how to avoid payments, and portable refrigerators are awarded to the adjusters who deny the most claims. Former employees have called Allstate’s approach to claims the “three D’s”: deny, delay, and defend. 
            The top 10 list produced by AAJ, includes the following insurance companies:
                             Profits                          Assets

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Allstate             $4.6 billion                    $156.4 billion
Unum               $679 million                  $52.4 billion
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AIG                    $6.2 billion                    $1.06 trillion
State Farm       $5.5 billion                    $181.4 billion
Conseco          $179.9 million               $33.5 billion
WellPoint         $3.2 billion                     $51.6 billion
Farmers            $5.6 billion                    $387.7 billion

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UnitedHealth    $4.7 billion                    $53.5 billion
Torchmark        $527.5 million               $15.2 billion
Liberty Mutual  $1.5 billion                     $94.7 billion
 

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            It seems that the insurance industry has lost sight of the policyholders, and as Allstate’s CEO said, they have “begun to think and act more like a consumer products company.” However, pro-consumer insurance reforms are being pushed, among these are: requiring insurers to work in good faith with consumers, requiring prior approval of rate increases, and establishing an insurance consumer advocate.
            Do not assume that because you are purchasing insurance you will always be protected, and keep these names in mind the next time you purchase insurance. For more information on AAJ’s findings, and more specific information regarding individual companies, read the full report at http://www.justice.org/docs/TenWorstInsuranceCompanies.pdf

Toxic Baby Bottles

Tuesday, June 24th, 2008
Common baby bottles sold across North America contain “very significant” levels of a chemical linked to infertility and cancer, according to a report released by a coalition of scientists and environmental health advocacy groups.  The chemical Bisphenol A, which is a synthetic hormone that can leech out of certain plastics when heated, turned up in nine different polycarbonate bottles commonly sold in Canada by three different manufacturers.  Bisphenol A, or BPA, is used to make hard polycarbonate plastic, and can be found in many items, including hard plastic bottles and in a lining of tin or aluminum cans.  The report claims 95% of all baby bottles contain BPA.

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If you or a loved one has been harmed by a dangerous drug or product, contact the attorneys at Cappolino Dodd Krebs LLP today, at 1-800-460-0606.

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Review of Wrongly Canceled Insurance Policies

Thursday, April 24th, 2008

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According to an article in the San Jose Mercury News, last week California insurance regulators ordered three of the state’s largest insurers to submit to an independent review of policy cancellations to identify people whose coverage had been wrongly canceled. A partial review of cancellations resulted in the reinstatement of 26 policies. The order, made by the Department of Managed Health Care, applies to Kaiser Permanente, Anthem Blue Cross and Blue Shield of California.   download Virgin Territory