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Monthly Archives: August 2015

Aug 27, 2015 - Bay Area by |

Cases of Negligence in Nursing Homes Skyrockets

Cases of Negligence in Nursing Homes Skyrockets ATTORNEY NEWSLETTER As 78 million “baby boomers” in America reach retirement age, there is an increased demand for nursing homes across the country. The Kaiser Family Health Foundation estimates that nearly 1.5 million senior citizens already reside in nursing homes and this number […]

Aug 21, 2015 - Annuities by |

California annuity and insurance fraud attorneys recommend that consumers carefully review annuity policies purchased through Fidelity and Guaranty Life Insurance Company.

ATTORNEY NEWSLETTER California annuity and insurance fraud attorneys recommend that consumers carefully review annuity policies purchased through Fidelity and Guaranty Life Insurance Company. Annuities are complex products that often have hidden fees and costs. It is recommended that consumers carefully review any policy and consider their options before purchasing any […]

Aug 20, 2015 - Annuities by |

Consumers Should Carefully Review Annuity and Insurance Purchases from Aviva Life Insurance

Consumers Should Carefully Review Annuity and Insurance Purchases from Aviva Life Insurance ATTORNEY NEWSLETTER Although insurance agents and companies often pitch the benefits of deferred annuities, it is important for senior citizens and other consumers to also know the risks involved in purchasing an annuity policy. Annuity companies and their […]

Aug 18, 2015 - Annuities by |

Transamerica Life Insurance Company Raises Cost of Insurance Charges on Universal Life Insurance Products

ATTORNEY NEWSLETTER Consumers should be aware that insurance companies can raise the Cost of Insurance (COI) rates on non-guaranteed life insurance products, resulting in higher monthly policy charges. When there is a change in expectations as to future experience, insurance companies can increase the current COI rates to no greater […]

Aug 17, 2015 - Annuities Fraud by |

Bay Area Law Enforcement Taking Steps to Combat Growing, Underreported Issue of Financial Elder Abuse

ATTORNEY NEWSLETTER Seniors lose an estimated $36.5 billion annually nationwide to elder abuse, according to a recent report from San Francisco-based True Link Financial. In any given five-year period, 37 percent of the elderly population is affected by financial elder abuse. Financial elder abuse is widespread but among the most […]

Aug 11, 2015 - Evans Law Firm by |

SEC Issues Clarifications on Whistleblower Protections

ATTORNEY NEWSLETTER The Securities and Exchange Commission issued guidance this week regarding their whistleblower protections. This reinforced their stance that whistleblowers are protected against retaliation even if they report internally within their company, rather than to the agency, first. The Dodd-Frank Act, which created the SEC whistleblower program, had whistleblower […]

Aug 10, 2015 - Evans Law Firm by |

Whistleblower Helps Stop Doctor from Mistreating Cancer Patients, Committing Medicare Fraud

ATTORNEY NEWSLETTER Thanks to whistleblower George Karadsheh, a doctor who was improperly giving patients chemotherapy was stopped. Dr. Farid Fata, a Michigan doctor, was recently sentenced to 45 years in jail. According to prosecutors, Fata mistreated over 500 patients. In some cases, he was administering chemotherapy to people who did […]

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