Category: Insurance
Like a Good Neighbor – State Farm is There – Settling a RICO Case for a Quarter of a Billion Dollars
State Farm just agreed to pay $250 MILLION dollars to settle a civil racketeering (RICO) case alleging it engaged in an enterprise for the purpose of illegally funnelling $4 million dollars in 2004 into a campaign to elect a faborable judge to the Illinois Supreme Court. That judge eventually was elected and was theeciding vote […]
SCUMBAG WAL-MART STRIKES AGAIN! Eliminates insurance for 30,000 employees, raises the cost on the rest
Just when you think Wal-Mart can’t treat their workers any worse, they manage to find a way. Yesterday, Wal-Mart announced that it was eliminating the health insurance option for workers who worked less than 30 hours per week. About 30,000 workers are afffected. That’s roughly 2 NBA arenas worth. Wal-Mart says it is taking this […]
