Accordia Life and Annuity Company Faces Class Action Lawsuit for “Converting” No-Lapse Policies

Cohen & Malad, LLP, has filed a class action lawsuit on behalf of Illinois and Indiana insureds against Accordia Life and Annuity Company and others alleging the companies illegally canceled and converted policies. The lawsuit, filed in federal court in the Central District of Illinois, alleges that after Accordia took over life insurance policies from… Continue Reading »

NFL Concussion Litigation Settlement 2017 Deadlines

There are new developments that affect more than 21,000 retired NFL football players regarding the timing of NFL concussion litigation settlement payments. Registration and certain deadlines must be made in accordance the settlement agreement. The benchmark date for most deadlines was recently changed to January 7, 2017.  This is the “effective date” and is based… Continue Reading »

Recall Issued for St. Jude Medical Cardiac Defibrillator Devices

Defective batteries are at the root of a recall issued by the FDA for implantable cardioverter defibrillators (ICD) and cardiac resynchronization therapy defibrillators (CRT-D) manufactured by St. Jude Medical, Inc. The recalled devices include the Fortify, Unify, and Quadra models of ICDs and CRT-Ds.  The recall was issued after a defect was identified that could… Continue Reading »

Universal Life Insurance Companies Accused of Cheating Policyholders

Recent class action lawsuits against leading insurance companies such as Lincoln Nation Insurance Company, Phoenix Life, Transamerica Life Insurance Co., AXA Equitable, and Banner Life, allege that insurers improperly raised the “cost of insurance” on universal life the policies, which can cause the cash value of the policies to drop or the policies to lapse… Continue Reading »

Student Loan Company Navient Accused of Cheating Borrowers

The Consumer Financial Protection Bureau filed a lawsuit against Navient Corporation, the largest servicer of student loans in the U.S. stating that the company “systematically” cheated borrowers.  The lawsuit alleges that Navient, which services more than 12 million borrowers, failed to respond to consumer complaints, provided incorrect information to borrowers, and improperly processed payments on… Continue Reading »

Hospitals Warn Indiana Heart Surgery Patients of Risk for Life-Threatening Infection

Central Indiana hospitals have recently notified thousands of heart surgery patients about an increased risk for life-threatening infections linked to a device often used during heart surgeries, the Stockert 3T heater-cooler device. The device is used to regulate blood temperature during open-heart procedures. IU Health, the Roudebush VA Medical Center, Community Health Network, and Franciscan… Continue Reading »

FDA Issues Safety Notice Increased Risk of Bladder Cancer Linked to Actos

Actos Bladder Cancer Injury Attorneys in Indiana The FDA recently issued an updated safety notice related to an increased risk for bladder cancer for patients taking Actos and other pioglitazone-containing medicines including Actoplus Met, Actoplus Met XR, Duetact, and Oseni. The initial safety notice was based off interim results from a 10-year study to assess… Continue Reading »

Ethicon Recalls Physiomesh Hernia Repair Implant Due to High Failure Rate

Physiomesh Injury Attorneys Johnson & Johnson subsidiary Ethicon recalled Physiomesh Flexible Composite Mesh after two large studies revealed high revision rates. Physiomesh is implanted laparoscopically to repair ventral hernias. The studies found that patients implanted with Physiomesh experienced complications which required revision surgeries to fix problems associated with the implanted device. Complications associated with Physiomesh… Continue Reading »

FDA Announces Label Changes for Essure Permanent Birth Control Implant

Essure Contraceptive Injury Lawsuits   The U.S. Food and Drug Administration recently announced a label change for Essure permanent birth control implants after receiving hundreds of adverse event reports from women who were seriously injured. Women suffered serious injuries including organ perforation after the device migrated from the insertion site, allergic or hypersensitivity reactions from… Continue Reading »

Stryker Recalls LFIT Hip Implants Over Device Failure Issues

Stryker Corporation has issued a voluntary recall of its LFIT Anatomic CoCr V40 hip replacement devices. The company sent an urgent recall notification to surgeons late August 2016 advising of potential hazards associated with these devices. Specifically Stryker is recalling LFIT Anatomic CoCr V40TM Femoral Heads manufactured prior to 2011. The following chart shows additional… Continue Reading »