Structured settlement

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Structured settlement

An agreement in settlement of a lawsuit involving specific payments made over a period of time. Property and casualty insurance companies often buy life insurance products to pay the costs of such settlements.

Structured Settlement

The judgment or final agreement in a lawsuit where one party (usually the defendant) pays the other party (usually the plaintiff) a certain amount of money over a long period of time. A structured settlement allows the "winning" party to receive a large amount while still making payment affordable for the other party. Some companies purchase insurance policies where the insurance company pays any structured settlements that may arise.
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Pensions, Institutional Income Annuities, Structured Settlements and other institutional retirement product areas.
The company offers liquidity and optionality to prospective sellers in need of cash who receive guaranteed and/or life-contingent structured settlements or annuity payments.
Caine, who has more than 20 years of experience in the structured settlements industry, has served on the NSSTA Board of Directors since 2014.
Sage Settlement is expected to write over USD 2bn annually in tax-advantaged structured settlements utilised in legal settlements.
Departments under the Sabah Ministry of Local Government and Housing including local authorities, should identify new locations for structured settlements in the state.
While GE is focused on divesting the LTC business, it is also open to shedding other insurance assets, including structured settlements and other life and disability products, sources say.
ATLANTA: The shareholders of IFS since the creation of Integrated Financial Settlements over a decade ago have worked hard to build an organization of great people and companies who together have helped lead the structured settlements industry in so many ways.
Securitization of Structured Settlements: A structured settlement is an annuity used for settling personal injury, product liability, medical malpractice and wrongful death cases.
The plaintiffs allege that settlement consultants participating in an AIG-approved broker program set up "an association-in-fact," with a view to maximizing profits on structured settlements and defrauding the plaintiffs.
Structured settlements are a unique settlement tool for both property-casualty carriers and plaintiff attorneys.
The problem is, government regulators are now investigating so-called "pension-advance" firms for allegedly deceptive practices that target seniors, military veterans, and others with structured settlements.
In this task, structured settlements frequently play an important role.
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