Word: settlements
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Dates: during 1990-1999
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...Pays" was never more true than Wednesday, when the nation's second-largest life insurer agreed to pay a megamillion-dollar settlement of lawsuits accusing the company of deceptive sales practices. Pending a federal judge's approval, Metropolitan Life says it will distribute $1.7 billion to some 7 million people who bought insurance and annuities between 1982 and 1997. This agreement will take care of a collection of class-action suits brought by the feds and private citizens, and is the latest in a long line of settlements by large insurers over questionable sales tactics. Example: "churning," in which...
...whopper of a nightmare for the company. The Arab League announced Monday that it would consider supporting a boycott of the burger chain declared by an organization called American Muslims for Jerusalem in response to the new franchise. The reason? Maale Adumim is an Israeli settlement in the West Bank whose status remains to be settled in talks with the Palestinians, and the boycotters insist that Burger King follow the example of McDonalds, which has kept its golden arches planted firmly within Israel?s pre-1967 borders...
Within months the truce was over. Each side filed court papers seeking custody of both girls. Johnson turned down a $2 million settlement offer from the state, saying it was not enough, and is suing the state-owned University of Virginia Medical Center for $31 million. She is also attempting to block a settlement for Rebecca reached by the Chittums, Rogerses and the state for the same reason. The case is on appeal before the Supreme Court of Virginia. Johnson's attorney, John Blakely, did not return phone calls last week seeking comment. Meanwhile, her ex-boyfriend, Carlton Conley...
Clinton dearly wants to achieve a lasting settlement in the region before he leaves office, and in Barak the U.S. has an ambassador to Arafat who is truly interested in peace. But the Israeli and the Palestinian have a bit of a love triangle to work through with Clinton ? Barak would prefer that Washington hang back a little and preserve Israel?s natural negotiating advantage, while Arafat finds himself fighting for U.S. attention now that Barak and Clinton have hit it off so well. If anyone can walk that line in the middle of a funeral, of course...
...Between former model JERRY HALL and senescent rocker MICK JAGGER. Jagger's legal tack--that their Hindu wedding on Bali nine years ago was not binding--didn't prevent his ceding to Hall a sum London tabloids put at $15.5 million. The couple, who have four children, reached a settlement the day their divorce trial was to start...