Archive for March 22, 2006

Supreme Court lets $50 million tobacco verdict stand

The Supreme Court has rejected an appeal by Phillip Morris USA concerning a $50 million award.

Consumer group deems Geico's insurance rates unfair

The Consumer Federation of America (CFA) accused Geico Corp. of discriminatory practices for using consumers' occupations and educational backgrounds to determine auto insurance rates.

Zurich American Insurance Co. settles bid-rigging lawsuit

Nine states, including Texas, Virginia and California, reached a nearly $172 million settlement with Zurich American Insurance Co., an insurer that allegedly engaged in price-fixing and bid-rigging in the commercial insurance market.

Drug charges dropped against Marshall University football recruit

Both a felony possession of cocaine charge and a misdemeanor possession of marijuana charge have been dropped against Marshall University football recruit Kirby Watson.

Court upholds $7.5 million verdict against railroad company, denies new trial

The North Carolina Court of Appeals has upheld the $7.5 million verdict for the wife of a retired CSX railroad employee who died of asbestos exposure.