Although insurance companies generally claim that, because of high jury verdicts and "frivolous" lawsuits, they are losing money, the facts are quite different.Alstate Insurance Company reported a record five billion dollars in profit for 2006.State Farm Insurance Company increased its profit 65% for the year. In addition, St. Paul Travelers earnings increased six times in the fourth quarter of...
North Carolina law requires that every motor vehicle be covered with at least $30,000 of liability insurance. However, with the high cost of medical care, in many cases $30,000 just is not enough. You should therefore protect you and your family from loss caused by a negligent driver with inadequate insurance coverage. This protection is afforded by purchasing underinsured motorist coverage....
A furniture delivery trucking company has agreed to pay $650,000.00 to their customer after its deliveryman pushed a 400 pound crate from the inside of a truck towards the tail of the truck, lost control of the crate and caused it to fall onto the customer.The impact of the crate falling upon the victim crushed his pelvis and hip. The victim required two surgeries including a total hip...
In a most unusual case, the North Carolina Industrial Commission has ruled that two employers are equally liable for a totally disabled employee. The reason? The employee injured his right knee while working for the defendant Jones Brothers, Inc. and later injured his left knee while working for the defendant GLF. The employee initially injured his right knee on March 21, 2001 while working...
A general contractor which was working on an elementary school building renovation agreed to pay $700,000.00 to a 78 year old furniture delivery man who fell into a two foot square hole in the floor of one of the classrooms.The victim was delivering furniture to the elementary school when he fell.The general contractor had expressly agreed to provide for safety at the jobsite.This two foot...
Senator Tony Rand of Cumberland County recently and quietly introduced a bill that has sparked significant controversy among those who fight for consumers. SB901 would take the insurance rate setting power away from the NC Commissioner of Insurance and give the ultimate authority to a Superior Court judge. Many are projecting that if this bill passes, then North Carolina will see dramatic...
A North Carolina hunting club has agreed to pay $2 Million as a result of a deer stand collapse.The 54 year old hunter suffered a T-1 burst fracture which resulted in paraplegia.The hunter was sitting in a wooden deer stand and fell when it suddenly collapsed. The hunter fell approximately 30 feet to the ground.The hunter alleged that the hunting club was careless in failing to properly inspect...
Q: What is the Social Security Administration's definition of disability?A: The Social Security Administration's rules and regulations define disability as the inability to do any substantial gainful activity (SGA) as the result of medically determinable mental and/or physical impairments. These mental and/or physical impairments must be those that (1) have lasted or are expected to last for a...
What is a tort? Many years ago, a law school professor told me that a tort is just about every wrongdoing that does not involve a breach of contract. That broad definition did not give me a clear picture of tort law, but I did understand that 1) tort law was pretty broad and 2) that breaches of contract were not torts. One definition of "tort" listed in Black's Law Dictionary is "a legal...
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