Baby Einstein Videos Recalled

Pete Strom — Tue, 27 Oct 2009 11:01:59 GMT

Baby Einstein, with its vibrant colors and soothing music, is common place in households with small children. Contrary to what the name implies and despite the soothing classical music played throughout the videos, Baby Einstein will not make your children any smarter.

http://www.youtube.com/watch?v=2yd1YckwpKI

Responding to allegations of deceptive marketing concerning its educational nature, the Baby Einstein company is voluntarily recalling all videos purchased between June 5, 2004 and September 4, 2009.

If you purchased a Baby Einstein video during this time period, you are eligible to receive up to four refunds in the amount of $15.99 per video, a Baby Einstein Music CD, or a 25% off coupon for one Little Einstein product at the Disney Store.

Strom Law Firm is a personal injury and criminal defense law firm centrally located in Columbia, South Carolina. Our firm proudly handles personal injury, criminal defense, defective products, class actions, pharmaceutical liability, toxic torts, medical malpractice, nursing home neglect, workers compensation, social security, veteran's benefits, qui tam, predatory lending, tax investigations, business litigation, and wills and estates. Our lawyers proudly edit the Columbia, South Carolina Injury Board as well as the Strom Law Blog as a pro bono effort to provide the public valuable information. Our lawyers are licensed in: South Carolina, New York, and Georgia

Originally posted at InjuryBoard by Pete Strom

What Happens if AIG Goes Bankrupt?

Will Parker — Wed, 11 Mar 2009 13:47:47 GMT

This is a fairly common question I receive as an attorney, particularly from my worker’s compensation clients. These injured workers’ employers’ insurance is through AIG and, consequently, they receive their weekly checks and, ultimately settlement money from AIG. So, what happens if AIG blows through the bailout money on expensive retreats and poor executive decisions. First of all, let me make it clear President Obama’s idea of transparency and accountability within the government itself and related to government assistance to private entities make it much more likely AIG is successful in the future.

However, what happens if AIG fails? Honestly, insureds have relatively little to worry about. Similar to FDIC insurance for bank deposits, significant regulation and state guarantee funds protect insureds to a fairly large extent.

It is simply not as well known to the average person. The FDIC is well known because the federal government has made it well known to protect against a banking collapse like the one during the Great Depression. Essentially, state and federal regulations will assure that AIG subsidiaries are solvent and able to pay claims. Additionally, AIG’s subsidiary assets would be sold and state guarantee funds that assist in claims pay outs would kick in, if necessary.

On a side note, the real threat to the AIG insureds is the potential of losing coverage at the renewal period if AIG did become insolvent and left the market. In that sceanrio, the more risky the type of coverage, the more difficult it would be to find another insurer. Even in the worst cases, however, eventually other insurers would fill the market vacancy. AIG insurance products, in particular, are, for the most part, not so specialized and their insureds would likely have no problem finding other carriers.

I hope this helps answer a very important and timely question on the minds of many.

Originally posted at InjuryBoard by Will Parker

South Carolina Personal Injury Blog - AIG

Baby Einstein Videos Recalled

What Happens if AIG Goes Bankrupt?