Showing posts with label insurance. Show all posts
Showing posts with label insurance. Show all posts

Saturday, December 22, 2007

Video: Insurance Company Kills Armenian Girl



This is the tragic story of a girl named Nataline Sarkisyan who was denied a liver transplant and allowed to die, even though her insurance company CIGNA had committed to the precedure prior to her developing a lung infection. As a result, the family has now hired Mark Geragos to sue CIGNA for having "maliciously killed her."

If this moves you - and I have no doubt that it does unless you're inhuman or a Turk - then watch the movie Sicko. Nataline's life is just one example of the exploitation of patients by ruthless insurance companies for profit.

It doesn't have to be this way.

More details at ABC News

Saturday, January 13, 2007

New York Life Begins Genocide Compensation in Armenia



Just recently there was some uproad over the insurance company's delaying of compensation to descendants of the Genocide.
The first five claimants [who are citizens of Armenia] received undisclosed sums through HSBC Bank Armenia on Thursday, bank officials told RFE/RL. They said the process is due to be complete in six weeks.

The compensation of Diaspora Armenians, many of them U.S. citizens, began in early November.
Well, that's great news! Companies should learn that there is no escaping historical fact.

Source: ArmeniaLiberty

Wednesday, January 10, 2007

New York Life Delays Genocide Compensation



For some quick background, the insurance giant New York Life was taken to court in 1999 in a class action suit alleging that certain policies issued in the Ottoman Empire (Turkey) between 1875 and 1915 were not compensated. The amounts at stake are in the tens of millions of dollars.
The web portal of New York Life...which was supposed to inform about the dates of transfer on behalf of the Armenian Insurance Compensation Fund Board, has not been updated since November, last year. The silence of the board was accepted as a sign of impartiality at the time when the applications were processed. At the moment, it is not clear and is offensive to the citizens.
Does this surprise anyone? They could care less about the heirs of the victims. Their website does say that the required information has yet to be mailed to those in Armenia, even though U.S. claimants should already have received the letters.

Source: Panorama.am and Class Action Suit Website