IL Launches ‘The Chronicle’ Welcome to “The Structured Structured Settlement Chronicle”, (the Chronicle) an Independent Life (IL) website resource that will feature regularly updated news coverage, with some editorial commentary, of industry events and developments which we view as valuable to structured settlement and personal injury settlement planning professionals and other stakeholders. The primary focus...
Settlement Trusts + Structured Settlements = Settlement Planning? Once considered a competitive product, most structured settlement professionals and settlement planners now view settlement trusts as an essential and complementary part of their personal injury settlement solutions.Trusts, which are legal entities and can be revocable or irrevocable, can have many purposes including wealth accumulation, spendthrift protection,...
Texas Legislature Modernizes Structured Settlements Statute Independent Life Insurance Company (Independent Life) is excited to report Texas Statute HB 3771 is now law, having passed the House with a vote of 146-1, the Senate with a vote of 31-0 and being signed by the governor on June 8, 2019. This amends Property Code sec. 142.009 to update the...
Drinker Biddle Structured Settlement and Annuities Roundtable The Drinker Biddle law firm Structured Settlement and Annuity Team introduced a new educational model last week when it hosted a one-day, invitation-only Structured Settlement and Annuities Roundtable at its Philadelphia office. Drinker Biddle promoted the roundtable as “three substantive sessions on pressing issues facing the structured settlement industry and its participants,...
What is public policy and why is it important for structured settlements? One definition of public policy is “the broad area of government laws, regulations, court decisions, and local ordinances as enacted by federal, state, and local governments.” That comprehensive definition encompasses all federal and state laws, regulations and court decisions that have impacted structured settlements since...
Reviewing Structured Settlement Educational Programs – Spring 2019 Does the National Structured Settlements Trade Association (NSSTA) need to re-think and re-design its educational programming and educational marketing to strategically position structured settlements as the core product within personal injury settlement planning? Or is NSSTA already doing so? We introduced these questions in a prior Independent Life Chronicle blog post. Based...
Benefits of Structured Settlements Today in the context of industry change and the need for industry growth, what exactly are the benefits of structured settlements? And will marketing those benefits be enough to ensure the future success of the National Structured Settlements Trade Association (NSSTA) and the structured settlement market? NSSTA President Michelle Caine highlighted the strategic importance of these...
P.O. Box 679053
Any discussion of taxes herein is for general informational purposes only and does not purport to be complete or cover every situation. Independent Life, its affiliates, its distributors, and its and their respective representatives do not provide tax, accounting, or legal advice. You should confer with your qualified legal, tax and accounting advisors based on your particular circumstances. All guarantees are obligations of Independent Life Insurance Company.
Turbocharge your firm with our free resources
Subscribe to our Newsletter
Deep expertise combined with unparalleled access. Market-leading underwriting and pricing, plus turnaround times that redefine industry benchmarks. Innovative solutions that challenge convention. Impressive credentials plus best-in-class partners to back it all up.
Company
Solutions
Connect
Dallas, Texas 75267-9053
Fax: 904-869-0976