Insurance settlement

Insurance settlement

The payment of proceeds by an insurance company to the insured to settle an insurance claim within the guidelines stipulated in the insurance policy.

Insurance Settlement

A payment on an insurance claim. That is, when a valid insurance claim is made, the insurer makes a payment to the policyholder. This is called the insurance settlement.
References in periodicals archive ?
ENPNewswire-July 31, 2019--Life Insurance Settlement Association -Register for the 25th Annual Fall Life Settlement and Compliance Conference
The company had received PS60,000 from an insurance settlement, but administrators could find no trace of it in the company accounts - Jacobs had siphoned it into his personal bank account.
Administrators were then made aware that L & H Construction was awarded an insurance settlement and when asked where the money had gone, Dean Jacobs could not provide any explanation of what he did with the funds.
life settlement industry is well positioned for sustained long-term growth, according to speakers at the Life Insurance Settlement Association's (LISA) 22nd Annual Spring Life Settlement Conference, held over the past two days at the Hilton Palmer House in Chicago.
Highly profitable, well-positioned public insurance adjustment firm generates leads from its websites and distributes to contracted adjusters in over 30 states for insurance settlement. Established adjusters, quality domains and a custom lead tracking software are in place.
They added that insurance settlement talks are ongoing.
British Insetco (LON:INC), an investor focused on the life insurance settlement sector, on Friday said it had agreed to take over Saolpoll and its related SLS Programme business, in a reverse takeover deal, subject to approval by Insetco shareholders.
M2 EQUITYBITES-18 May 2010-Huntsman Corp to receive USD110m insurance settlement over 2006 fire(C)2010 M2 COMMUNICATIONS http://www.m2.com
* Behind the Trend: State regulation and an aging population are helping the life insurance settlement market to mature.
CHARLTON - A decade after its former business manager embezzled more than $5 million, Bay Path Regional Vocational Technical High School has received a $1.33 million insurance settlement that will be used to reduce coming town assessments.
A robust increase in gross margin and an insurance settlement gain combined with moderate sales growth to help the retailer post a triple-digit bottom-line advance for fiscal 2009, as it swung to a fourth quarter profit from a prior-year loss.
"Senate Bill 98 provides a strong regulatory framework for the ever-growing life insurance settlement industry in California;' LISA says.

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