Litigation

Does Doing Business with a $100,000 Donor Get Your Client Adequate Inflation Protection and Advice?

Posted on September 13, 2008
"You can have your payments increase to keep up with inflation and protect against rising costs. For example, a 3% increase in payments each year helps protect your spending power for as long as your structured settlement is in effect".Pressman...

Term "Licensed Structured Settlement Broker Consultant" is a Canard

Posted on September 12, 2008
A New York attorney, the scion of the respected former partner of what was one of New York's most prestigious and respected personal injury firms, uses the Internet to advertise that he is a "licensed structured settlement broker consultant". There...

AM Best Guide to Understanding Insurance Ratings

Posted on September 12, 2008
The Guide to Understanding Insurance Ratings in a very important NEW information resource for consumers, including tort victims, structured settlement consultants, settlement planners, financial planners, lawyers for tort victims, judges, corporate and insurance risk managers...

Structured Settlement Internal Rate of Return

Posted on September 11, 2008
Define structured settlement internal rate of return. If you asked the question of different structured settlement consultants would they come up with different answers? What is structured settlement IRR?The structured settlement internal rate of return is the result of a...

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Paid "Misinformant" Chris Padgett on "Structured Settlements For Lottery Winners"

Posted on September 11, 2008
Add Chris Padgett to the ranks of Structured Settlement Iliterati that willingly misinform consumers about structured settlements for money. in a post entitled "Structured Settlements For Lottery Winners" paid "misinformant" Chris Padgett says "Structured Settlements is a way to get...

Instant "Law Degrees" Bestowed By Some Participants On Legal Broadcast Network's "Voices of The Law"?

Posted on September 08, 2008
On the Voices of The Law, a Legal Broadcast Network channel that is clearly promoted to be lawyers giving voice to other lawyers, why is it that the majority of its members are insurance agents and company representatives holding their...

Dancing Annuities

Posted on September 08, 2008
Prosperity Partners suggests that "you can start dancing when you discover it's possible to get cash for an annuity", and "if you don't use all the cash", they tell you to "keep dancing by putting the balance in your savings...

Structured Settlement Factoring Audit Technique Guide

Posted on September 08, 2008
The Structured Settlement Factoring Audit Technique Guide (rev. 11/06) on the IRS website provides valuable information on how the IRS views and interprets the laws concerning the excise tax on the factoring discount in structured settlement factoring transactions, imposed under...

AIG Consideration of "Forming Separate Company to Hold Risky Credit Assets" is Not Without Precedent in insurance world

Posted on September 08, 2008
The New York Post reported on September 4th that insurer American International Group ("AIG") is considering forming a separate company to hold risky credit assets, which have caused it record losses in the past three quarters. The Post further reported...

The Bird May Be The Word, But The Vulture Isn't The Only Bird In the Insurance Jungle

Posted on September 07, 2008
The synopsis for "Vulture Culture: Dirty Deals, Unpaid claims and the coming collapse of the Insurance Industry" by Eric D. Gerst (Amacom publishing 4/1/2008) reads like an alterrnative book jacket description for the John Grisham novel "The Rainmaker", or a...

On "Questions of Math" and Simply Being Qualified As A Structured Settlement "EXPERT" or Settlement Planning "EXPERT"

Posted on September 06, 2008
The following three statements appear on Jack Meligan's LinkedIn Profile Meligan Statement 1 : "Protecting the injury victim and plaintiff attorney is our only business... which means the job is done right... every time..." Jack Meligan QUESTION? Since when does...

The Risk Tolerance of Tort Victims in Today's Market

Posted on September 05, 2008
Tuesday?s edition of the Wall Street Journal included the weekly feature "A Week in the Life of the DJIA" (Dow Jones Industrial Average. According to the Wall Street Journal, if you invested $1,000 on December 31 in each of the...

Jack Meligan "Plaintiff Loyal" Structured Settlements? "Plaintiff Loyal" Settlement Planning?

Posted on September 04, 2008
We all make mistakes and I'm no exception. But some of us are mature enough once we know we've made a mistake, to correct that mistake. Fair is fair and on more than one occasion when shown that I have...

California Dreamin'

Posted on September 04, 2008
I received a disturbing phone call today from "someone who has business dealings with the annuitant and the financial advisor" to a tort victim who was seeking a quote to sell a structured settlement. Facts: Annuity set up in 1983Annuitant...

LIMRA... "46% Jump in Fixed Annuity Sales" Q2 2008

Posted on September 04, 2008
Life Insurance Market Research Association (LIMRA) reports that overall individual-annuity sales grew 4% during the second quarter, buoyed by a spike in fixed-annuity sales. LIMRA states that U.S. individual-annuity sales grew to $68.4 billion during the second quarter, up from...

Your Structured Settlement is Your Paycheck...

Posted on September 04, 2008
Would you sell off your paycheck that you earn each week? If no, then why sell off your rights to your structured settlement, if it is a primary source of income? Why is your financial planner advising you to sell...

Patrick Hindert Promotes Structured Settlement Factoring and is Chummy With JG Wentworth But Appears That He Won't Help Tort Victim...WHY?

Posted on September 03, 2008
The structured settlement industry torch bearer for the factoring of tort victims' structured settlement payments, Patrick Hindert, still appears to have not responded to the call for assistance from tort victim J. Henry who posted on Hindert's blog on August...

"What Is a Structured Settlement?" Damn The Structured Settlement Illiterati!

Posted on September 02, 2008
The same digital diarrhea on what is a structured settlement keeps constipating the information pipeline: "Structured cash payments through an annuity system that is established to compensate injury victims" Quote Me A Price.com "an annuity system may be negotiated as...

Settlement Industry Needs More Yodelers Not Oglers!

Posted on September 02, 2008
Over on Speaking of Settlements, a multi media social network started by Legal Broadcast Network 7 months ago. the Christi Fried ogling phenomenon has "hit the big time" with over 100 views of a profile that: Was posted over 6...

Debate Rages Over Regulation of Equity Indexed Annuities

Posted on September 01, 2008
In a letter to Florence Harmon, Acting Secretary of the United States Securities and Exchange Commission ("SEC") the Independent Insurance Agent & Brokers of America ("The Big I") firmly states the case as to why Equity Indexed annuities should not...

Avoid Ken Nakamura Phishery!

Posted on September 01, 2008
Portland Oregon's Ken Nakamura appears to have his bait and tackle out in a big phishing scam. Nakamura is major domo of a website called "giveusallyourmoney.com", according to Whois records. Download givemeallyourmoney.com whois.pdf The site giveusallyournmoney...

"Untrustworthy" Sales Practices to Vulnerable Citizens Means Loss of Insurance License!

Posted on August 30, 2008
Insurance agents in Washington state can lose their licenses if they are deemed "untrustworthy." The Washington State Court of Appeals recently ruled that Insurance Commissioner Mike Kreidler was correct in revoking insurance agent Jack Chandler's license based on the fact...

Settlement Planning- A Profession or a Party "Mask"?

Posted on August 30, 2008
Is "settlement planning" a profession or is it simply a "party mask" worn by some structured settlement producers? In a number of cases I believe it's the latter. If the term is to accurately describe what settlement professionals do- to...

Where is Hindert when Annuitant Goes To Well For Second Time And Seeks Factoring Expert?

Posted on August 29, 2008
The following comment first appeared yesterday and at the time of this post STILL appeared on the structured settlement industry's factoring promoter Patrick HIndert's blog "Comments I was attempting to get a piece of my structured settlement in Aug 08...

Structured Settlements ARE NOT owned by Special Needs Trusts

Posted on August 28, 2008
When a structured settlement is used in conjunction with a Special Needs Trust or Supplemental Needs Trust the annuity owner IS NOT the Special Needs Trust or the Supplemental Needs Trust. The Special Needs trust is the recipient of the...

Connecticut Sailing Tragedy Could Have Been Avoided

Posted on August 28, 2008
I just read of Tuesday's sailing tragedy that resulted in the drowning death of a 3 year old Brooklyn girl, Alexandra Vitale, when the Hobie Cat (similar to the one in this picture) on which she was riding tipped over...

Got Structured Settlement? Don't Blow It!

Posted on August 28, 2008
You just turned 18 and you find out you have this structured settlement that your parents set up for you years ago. The structured settlement provides annual payments tied to what are meant to be your college years. Now, like...

"Cash Now Pusher" Lawyer Wins Florida Primary

Posted on August 28, 2008
Robert Ostrov has won the Democratic primary for Florida District 87 and the "cash now pushers" are one step closer to having one of their own in a seat in the Florida Legislature. Isn't this "wonderful" news for tort victims,...

Settledmoney.com Copying our Content Without Attribution

Posted on August 27, 2008
A site registered anonymously through GoDaddy.com called settledmoney.com is grabbing Structured Settlements 4Real feeds, including category headings, and posting them as their own. They even claim a copyright in them as fast as we post them on OUR site...

"The Fund's Performance Always Looked Pretty Until Someone Wanted To Redeem"

Posted on August 26, 2008
"The fund's performance always looked good on paper until someone wanted to redeem," said one investor in the Sagecrest II hedge fund in a recent email to The New York Post. "Then you're told there isn't enough cash and the...

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