On May 25, AMO (Advanced Medical Optics) announced a recall of their "No Rub" solution, Complete® MoisturePlus ™ Multipurpose Solution. Although the company stands by its product and casts the blame on contact lens wearers who "improperly store, disinfect or handle" their contact lenses, the CDC forced them to recall the solutionThis recall is not so distant from Bausch & Lomb's recall of...
AOL, the once power house of on-line communities, has just put up a new feature on the "Money & Finance" portion of their web site. The section is called "Most Outrageous Lawsuits" and they say that "Americans are lawsuit crazy". They also make the claim that lawsuits have "caused some companies to be extra cautious..." Wow, imagine how horrible--lawsuits cause companies to become more...
The Florida Supreme Court has issued its mandate in the Engle v Liggett case. This case involved a class action by Florida smokers against Big Tobacco. Florida smokers who qualify as "Engle class members" must now take some action against Big Tobacco in less than one year. The Supreme Court made certain findings of fact and law that may place Big Tobacco at a distinct disadvantage and Florida...
The "law of large numbers" is the theory upon which all insurance exists. Essentially, it says that if you can put enough "risks" together, then the majority can pay the claims of the minority. It relies on the idea that, in any large group, it will be the minority who suffer some sort of loss and submit an insurance claim. The larger the group, the more likely that premiums paid by the...
Three years ago, insurance companies and rabid tort reformer physicians convinced the unsuspecting public that tort reform was needed to reduce malpractice insurance rates being paid by physicians. They told the public that victims of medical negligence were simply litigious and that trial lawyers were greedy. They told the public that if tort reform was not passed, they were all leaving Florida...
If you are in the US senate or house, Big Drug Companies want you! So, if you want a luxury vacation, a free executive jet ride, or a contribution, just speak up as the pharmaceutical lobbyist comes to call. The New York Times reported that: "Drug Industry Is on Defensive as Power Shifts". Apparently, Big Drug Companies do not think that Democrats will be quite as generous with them as...
A California group, Citizens Against Lawsuit Abuse (CALA), thinks that corporate America needs protection from lawsuits. They fear that Big Business can not continue to reap profits producing products they know are dangerous and so, they intend to continue a campaign to "inform" the public. According to Ralph Shaffer, Cal Poly Pomona Emeritus of History, they intend to continue their campaign of...
Injured victims of medical negligence continue to suffer the inability to find lawyers who have the expertise and financial strength to handle medical negligence cases. The passage of "tort reform" in Florida has created a situation in which injured victims can no longer recover fair compensation for their "human damages". Human damages are those that the insurance lobby feel juries have gotten...
The St. Petersburg Times reports a startling event. Physicians who, through less than candid means, convinced voters to limit the damages that victims of medical malpractice can collect; are now going to "convince" their patients to forgive them for their malpractice. The Times reports that the waiver, which physicians will ask their patients to sign, will limit non-economic damages to...
The Tobacco Industry began marketing "light" cigarettes because? Anybody, anybody? It seems likely that it involved, at least a little, the need to hedge against the increasing sounds being made by the anti-smoking faction; don't you think? Could a fear of shrinking profits have been involved? Could they have had a desire to create the idea that smoking "light cigarettes" was somehow healthier?...
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