Personal Injury Resources

Better business processes lead to fewer class action law suits.

The cost-benefit for rules is supposed to be even higher. Analysts cite customer estimates of cost savings of the BRMS over traditional coding at between %25 and %75. I think the true value of business rules lies not in the technology. Value is in the practice of rules stewardship. I have worked for more than one corporate customer where the lack of documented rules has caused class action lawsuits. Compute the cost of SOX non compliance or a class-action law suite; you will acheive a quick ROI.

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Read more from this blogger: Agility- Part 1 BPM ROI

Workman's compensation and other reported costs don't capture the cost of losing good employees.

Companies routinely record and report costs such as wages and benefits, Workman's Compensation Insurance, utilities, materials, and space, yet most companies have no and report the cost of employee turnover. It can be much higher than you think.

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Read more from this blogger: Employee Retention: What Employee Turnover Really Costs Your Company

Merck gets a reprieve in the most recent Vioxx lawsuit.

In a setback to tens of thousands of Americans whose loved ones died (as many as 60,000 are dead) and others who suffered heart attacks and strokes, a jury in New Jersey did not agree with the claim of Elaine Doherty, a homemaker from Lawrenceville, N.J., who alleged that she took VIOXX daily from June 28, 2001, until she suffered a heart attack on Jan. 19, 2004, at age 65. She continued to take the medicine until Merck voluntarily withdrew it from the market in September 2004.

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Read more from this blogger: Elaine Doherty loses Vioxx case

Class action suits in the cell phone market.

Two new class action law suits have risen against Cingular and Verizon. In Cingular’s case, consumers are angry with the merger with AT&T, that is, users are tired of using AT&T’s legacy network systems and thereby being forced to incur more costs to upgrade to Cingular’s superior network systems. However, Cingular had promised AT&T users that they would enjoy their better systems free of charge in 2004. Now, a class action law suit has risen because Cingular is charging users a premium for the upgrade.

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Read more from this blogger: Class Action Law Suits for Cingular and Verizon

GE Medical Protective wants higher medical malpractice premiums even though awards haved been capped in Texas.

In a regulatory filing to the Texas Department of Insurance, GE Medical Protective sought to justify why the insurer planned to raise physicians’ premiums 19 percent just six months after Texas enacted a cap on awards. In 2003, Texas law makers passed a $250,000 cap on non-economic damage compensation to victims of medical malpractice after GE Medical Protective and other insurers lobbied for the change. The cap is substantially similar to the one proposed by President Bush.

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Read more from this blogger: Med Mal insurer seeks rate hike despite caps

Is there anything logical about personal injury law?

According to The Royal Gazette’s article yesterday, this was the award to the family of Rebecca Middleton. I do not see how they could reach this amount based on any common , accepted practice of personal injury law. This has now also reached The Toronto Star and the Toronto Sun. For more information have a look at A Limey in Bermuda’s forum on this, or Rebecca Middleton’s official website.

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Read more from this blogger: $2,840.63