As new regulations governing overdraft fees will soon go into effect, the Federal Reserve Board has compiled a summary of the new rules. The Board’s publication “What You Need To Know: New Overdraft Rules for Debit and ATM Cards” can be assessed at the Federal Reserve Board’s website, www.federalreserve.gov.
Bank of America To Change Overdraft Policies
Facing increasing pressure from consumer advocates and regulatory authorities, Bank of America (“B of A”) has just announced that it will scrap overdraft fees on debit card purchases this summer. With the new overdraft policy, B of A debit card purchases that would push checking account balances into the red […]
‘Metal on Metal’ Hip Implants May Pose Risk
The New York Times recently reported that a type of hip implant once widely used in as many as 80,000 out of the estimated 250,000 hip replacement and resurfacing procedures performed in the U.S. annually may cause complications for patients. The hip components, referred to as metal on metal devices, […]
More Proof That Calls For Tort Reform Are Just Political Games
A new Public Citizen report shows that while medical malpractice payments are at near-record lows, health care costs continue to rise. You can read about the report on Public Citizen’s website. This makes one thing clear: claims that medical malpractice lawsuits are driving the high costs of health care are […]
Health Care Reform Is The Issue – Tort Reform Is The Opponents’ ‘Distraction’
While I was visiting a neurosurgeon’s office in the recent past, he took the occasion to show me all the medical charts he was reviewing for medical negligence. As I gazed upon the many stacks of medical records, he asked me why there were so many medical malpractice lawsuits. When […]
Hospital Acquired Infections Kill Thousands and Cost Billions
According to a recent study reported in the New York Daily News as many as 48,000 people die each year from pneumonia and blood borne infections (sepsis) acquired in our nation’s hospitals. Investigators reviewed hospital discharge records from as many as 69 million in-patient hospital admissions between 1998 and 2006, […]
Hospital Infections
Patients go to the hospital in the hope of getting better, not worse. But thousands of patients die each year because they contracted an infection while they were in the hospital. A study published this month in the highly respected Archives of Internal Medicine reports that hospital-acquired infections affect 1.7 […]
Why We Need Trial Lawyers
The people at our firm are proud of the work we do and we are honored that people come to us for help. That’s why it is so disturbing to hear those who advocate for what is misleadingly called ‘tort reform’ smear trial lawyers and the injured people they represent. […]
CARD Act Goes Into Effect
The Credit Card Accountability, Responsibility, and Disclosure Act (“CARD Act”) went into effect on February 22, 2010. The CARD Act was intended to rein in perceived abuses by credit card issuers. The law requires card issuers to: (1) provide at least 45 days’ notice to most customers before making significant […]
Health Experts Predict Asbestos Disease Epidemic in India
According to a recent article in The Lancet, India will likely be facing an epidemic of asbestos-related diseases in future years. While most developed countries have banned the use of asbestos in the construction industry, India’s usage of asbestos has actually increased dramatically in the last decade. The leading health […]
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