The defendant has an interest in negotiating a post-verdict settlement that minimizes the pro-plaintiff bias in a 50-B structured settlement
while maximizing any pro-defendant biases.
Moreover, if the recipient dies, heirs have access to the remaining lump sum, while structured settlement
payments often stop at death.
The present value of the structured settlement
was $640,000 and the child is guaranteed $1.4 million.
Delray Beach, FL, March 09, 2019 --(PR.com)-- DRB Capital, LLC ("DRB") today announced another award to be paid under its "Stop Structured Settlement
Fraud" Bounty Program.
has combined with Texas, US-based financial services company The Settlement Alliance, LLC to form Sage Settlement Consulting, LLC, a new entity that provides plaintiff-focussed structured settlement
solutions, the company said.
BELLEVUE, Wash: Symetra Life Insurance Company entered into a reinsurance agreement with Resolution Re that transfers financial responsibility for all of Symetra's structured settlement
annuity contracts and a smaller block of income annuities to Resolution Re.
The rating action follows GE's announcement that GE Capital will make a statutory reserve contribution of $15B to its legacy long-term care, structured settlement
and life insurance businesses over the next seven years, in order to account for increased claim expectations, the rating agency says in a press release.
Like Sylvester Stallone at the end of "Rocky," the structured settlement
industry is getting pummeled.
Almost all of these reduced benefits were to structured settlement
annuities used as funding mechanisms for settlements with people with severe bodily injuries.
Let's be clear: A structured settlement
is a voluntary option in which all sides in a claim, certainly including the plaintiff, have access to professionals with a duty to represent their interests.
7: A structured settlement
alone will preserve my client's Medicaid eligibility.