Tagged Articles

American Association for Justice 14 articles

Poll finds American voters oppose forced arbitration in contracts

“Americans are sick and tired of a system that so strongly favors big corporations over consumers and … robs them of their constitutional right to their day in court,” Senator Russ Feingold (D-Wis.) said in a statement concerning the proposed Arbitration Fairness Act. The act seeks to preserve our constitutionally guaranteed right to a jury trial should we ever need to settle a grievance in court with a company or an employer. These days, according to the American Association for Justice, “just by taking a job or buying a product or service, consumers and employees are forced to give up ... Read More

Preemption language must be removed from railroad regulations

The American Association for Justice is calling for a review of Bush administration regulations that it believes compromise the safety and rights of consumers who are injured in railroad accidents. The request was prompted by the Senate Commerce, Science, and Transportation Committee’s nomination hearing of Joseph Szabo as the Federal Railroad Administration’s (FRA) new administrator. Though Szabo’s nomination is not controversial, many lawmakers in the Democrat-controlled Congress believe the regulations and policies put forth by the previous administration favor big business at an enormous expense to the consumer. Preemption is the problem. Preemption is the legal premise that federal law ... Read More

AIG’s self indulgence linked to Unum’s former CEO

Remember the $165 million in bonuses that American International Group (AIG) awarded to its executives after accepting more than $170 billion in federal bailout money? Those bonuses, which have become a symbol of corporate greed and self-indulgence in the eyes of many Americans, were approved by former Unum CEO James F. Orr. Orr is now an AIG director and serves as chairman of its “executive compensation committee.” Now several owners of AIG stock, including the leaders of big union and pension funds, are requesting the removal of Orr from AIG’s directorship. The stock owners made their appeal to the three AIG ... Read More

Unum second on list of the worst American insurance companies

The American Association for Justice (AAJ) recently ranked Unum number two in its published list of Ten Worst Insurance Companies in America. The report opens with an overview of the insurance industry’s staggering assets and wealth, which amount to just under $4 trillion – higher than the gross domestic product of every country in the world except for the U.S. and Japan. But despite the riches, despite the $1 trillion in annual premiums, and despite enormous profit margins, many insurance companies continue to employ “Deny, Delay, Defend” strategies in dealing with their policyholders. “Some companies have discovered that they can ... Read More