Law Firm News
Today's Date: Bookmark This Website
Louisiana to get $12M in Health Net case
Court News Feed | 2011/04/06 09:13

The Louisiana Supreme Court has ordered Health Net Inc., a major health maintenance organization, to cover more than $180 million in claims by consumers, health care providers and creditors in Louisiana, Oklahoma and Texas.

Louisiana Insurance Commissioner Jim Donelon told The Advocate that Louisiana will get the smallest portion of the payout.

"We have about $12 million coming to us to policyholders, providers and general creditors, meaning companies who sold them supplies or that rented them space," Donelon said.

Donelon said the unanimous ruling, issued Friday, will reimburse all of AmCare Louisiana HMO's members, providers, and creditors for any losses caused by Health Net's conduct.

Health Net sold health plans in the three states to AmCareco Inc. in 1999. In 2002, the troubled health plans were placed under state supervision. Each of the state's insurance departments sued AmCareco and Health Net, alleging fraud, negligence, conspiracy and breach of fiduciary duty.

In 2005, a state district court jury awarded the Texas plaintiffs around $100 million in damages. In 2005, a state judge in Baton Rouge issued similar verdicts against Health Net and awarded $30 million to the Louisiana and Oklahoma plaintiffs.



[PREV] [1] ..[2039][2040][2041][2042][2043][2044][2045][2046][2047].. [2647] [NEXT]
All
Legal News
Court News
Featured News
Court News Feed
Trending News
Top stories
Law Firm Press
Lawyer Opinion
Recent News
Legal Marketing
Politics
Law Firm News
TikTok content creators sue the U..
Chad holds presidential election ..
Trump faces prospect of additiona..
Retrial of Harvey Weinstein unlik..
Starbucks appears likely to win S..
Supreme Court will weigh banning ..
Supreme Court rejects appeal from..
Court makes it easier to sue for ..
Top Europe rights court condemns ..
Elon Musk will be investigated ov..
Retired Supreme Court Justice Ant..
The Man Charged in an Illinois At..



  Law Firm Web Design Information
At Law Promo we know the legal field - we've been making websites exclusively for lawyers and law firms since 2004. This makes us one of the most experienced law firm web design agencies, providing our services to a thousand attorneys worldwide. Law Promo can construct your law firm a brand new responsive website, or help you redesign your existing site to secure your place in the mobile world. Law firm website design by Law Promo
   Lawyer & Law Firm Websites
San Bernardino Drug Lawyers
www.bullardpowell.com
Legal Document Services in Los Angeles, CA
Best Legal Document Preparation
www.tllsg.com
Divorce Lawyer & Family Law Attorney
Divorce lawyer rockville
familylawyersmd.com
   Law Firm Blog Links
  Law Firm Planner
  Law Firm Directory
St. Louis Missouri Criminal Defense Lawyer
St. Charles DUI Attorney
www.lynchlawonline.com
Surry County Criminal Defense Lawyers
Yadkin County Family Law Attorneys
www.dirussolaw.com
Amherst, Ohio Divorce Lawyer
Sylkatis Law - Child Custody
loraindivorceattorney.com
Family Law in East Greenwich, RI
Divorce Lawyer - Erica S. Janton
www.jantonfamilylaw.com/about
San Francisco Trademark Lawyer
San Francisco Copyright Lawyer
www.onulawfirm.com
 
 
© www.sunlegalnews.com. All rights reserved.

The content provided on this web page has been prepared by Sun Legal News as a community service to the legal community and is in no way intended to provide professional legal advice or act as a replacement for actual consultation with an attorney in any particular cases or trying circumstances. Sun Legal News articles and comments are posted for general and legal educational purposes only and should not be used to analyze any legal matters.

Boutique Law Firm Web Design