Worse Than `My Worst Nightmare'Kathleen Kerwin
For Katie Watson, it was adding insult to injury. Brain-damaged while in the hospital for pneumonia when she was 20 months old and still unable to walk or talk at age 11, the Phoenix girl relies on a $1.4 million annuity from a malpractice judgment her parents won in 1986 to pay for her medicine, therapy, and home care. Unfortunately, that annuity came from Executive Life Insurance Co. of California, which was seized by state regulators in mid-April.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Goldman Sachs Sees Four 2018 Fed Rate Hikes as U.S. Growth Gains
- Tesla Unveils ‘World’s Fastest Production Car’ and Electric Big Rig
- Norway Idea to Exit Oil Stocks Is ‘Shot Heard Around the World’
- Honda Recalls 800,000 Odyssey Minivans Linked to Injuries
- Why Are Critics Calling the $450 Million Painting Fake?