A person can have a range of different insurance policies. If they rent, rather than own, the place they live, one type of policy they may have is a renters insurance policy.
One man's displeasure with Amazon's Prime membership has resulted in poor ratings for the e-tail giant in the marketplace of public opinion. This year, Gregory Harris filed suit against Amazon, claiming he was charged hidden fees while purchasing items through the online retailer. According to the plaintiff, the company enrolled him in Amazon's "Prime" membership program without his permission. Those purchasing this service benefit from shipping upgrades and streaming services; however, its cost at $100 is prohibitive for many families. For this reason, many people buy items on the retailer's website without committing to the membership service.
Bad faith insurance is an insidious practice. It preys on good people who expect something out of their insurance policy, and on a macro level, it eats away at the trust people have in institutions. If you are considering enter into an insurance policy but have no faith that it will actually be upheld or fulfilled properly by the insurance company, then why would you agree to the policy? Without trust, there is no insurance business.
If you have been following our blog, you are familiar with the charges the Federal Trade Commission (FTC) has brought against DeVry University for making spurious claims about its job placement rates for graduates. At issue is the methodology the institution used in determining the percentage of graduates employed. According to the FTC, the school included students whose employment did not result from having earned a DeVry degree. Those tallied were students employed before graduating from DeVry and those not employed in their field of study.
Insurance companies are always going to be concerned about their profits. They will care about you, the policy holder, to the extent that they are required. But they will always try to mitigate their liability in any claim that you bring.
Early last month, a man in northern California filed a civil lawsuit against American Express after the credit card company removed 100,000 Membership Rewards points from his account. He is seeking more than $1 million in damages.
The new overtime rules under the Fair Labor Standards Act (FLSA) go into effect December 1, but there is still a lot of misinformation about it. One area of confusion relates to highly-compensated and professional employees. Many people believe that these two types of workers are automatically ineligible for overtime benefits. This is not always the case.