| Announcements |  |  |
| TTLA s First Online Auction is Underway! | | Visit http://ttla.auctionanything.com to pre-bid on auction items that will be sold to the highest bidder at our Annual Auction Party on Thursday, November 30. For more information, visit www.ttla.com. Also, Friday, November 24 is the last day to register online for the Annual Conference events. After that, at-door prices will apply. For more information and to register, visit www.ttla.com/annual.
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| Laws/Cases | | |
| Judge Allows Negligence Lawsuit Against Insurance Agent | | A Gulf Coast couple was granted permission to file suit against their insurance agent for allegedly allowing their flood insurance to lapse days before Hurricane Katrina. Nationwide Mutual Insurance Co., also named as a defendant in the suit, refused to cover $79,000 in damages to the couple's home. The suit will proceed in federal court. Michael Kunzelman, The Birmingham News 11/16/2006
| | Read Article: The Birmingham News |
| Insurance | | |
| Insurer Agrees to Settle Charges of Withholding Rate Information | | AMCO Insurance Co. have agreed to settle a class-action lawsuit alleging they failed to notice policyholders of rate changes. As many as 67,000 policyholders had their rates increased because of their credit scores, and federal law requires insurers to disclose such information. A settlement of about $19.3 million will be distributed to qualified policy owners in checks of about $200. S.P. Dinnen, DesMoines Register 11/15/2006
| | Read Article: DesMoines Register |
| Issues | | |
| Accidental Falls a Leading Cause of Death for Seniors Over 65 | | A new federal study found that accidental falls by American over the age of 65 are the leading cause of injury deaths in that age group. The rates are higher in men than in women, and have increased in frequency from 1993 to 2003. In 2003, a total of 13,700 seniors 65 and older died from falls. Bryce Howard Price, Washington Times 11/15/2006
| | Read Article: Washington Times |
| Ex-Manager Alleges Firm Replaced Caucasians With Hispanics | | A former engineering manager at Aspen Diversified Industries in CO alleges the firm fired him because he was white. The plaintiff claims he and other Caucasian workers were replaced by Hispanics. The company contends the manager was offered a lateral move to another position, which he refused and then quit. Dick Foster, Rocky Mountain News 11/17/2006
| | Read Article: Rocky Mountain News |
| Products | | |
| Sherwin-Williams Dropped From Lead Paint Lawsuit | | The city of Akron, Ohio dropped Sherwin Williams from a lawsuit alleging lead-paint hazards in homes and buildings. The city's lawsuit also sued several others in relation to lead paint, seeking compensation for the removal of the lead paint hazards. Lead paint was federally banned in 1978. The Associated Press, Boston Globe 11/16/2006
| | Read Article: Boston Globe |
| Researchers Report Mixed Findings on Painkiller's Safety | | A new study suggested the popular analgesic naproxen, sold as Aleve, may cause heart problems. The researchers cautioned about reading too much into their findings, and outside experts discounted them. Nonetheless, the researchers believe it is important to present their evidence to help experts sort out what the real dangers are. Reuters, MSNBC 11/16/2006
| | Read Article: MSNBC |
| Congress Measures FDA Drug Safety Reform | | Witnesses testified in a Senate hearing that Congress must expand the FDA's authority and funding in order to rebuild public trust. Consumer and patient groups are requesting the FDA to require new warnings on medicine labels and post-approval studies. The FDA's reputation has been questioned after multiple safety controversies. Lisa Richwine, The Washington Post 11/16/2006
| | Read Article: The Washington Post |
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