Blog

Let’s Talk About: Adding Value & Protecting an Attorney’s Practice

One of the more intriguing panel discussions scheduled later this week during the Society of Settlement Planners’ (SSP) 2021 Annual Conference will feature Paul Isaac, Jeremy Babener, Jack Meligan and Jason Lazarus in a Breakout Session titled: “Adding Value: Protecting the Attorney’s Practice.” Anticipating this panel of settlement planning experts, we thought the perspective of a structured...

Let’s Talk About: Structuring Attorney Fees

Plaintiff attorneys are continuing to gain an understanding of the benefits of structuring their attorney fees, a unique tool, solely available to their profession, that offers an exclusive and excellent way to enhance financial security, both now and in the future. Structured attorney fees, which can defer taxes on contingency fees, allow plaintiff attorneys to...

Let’s Talk About Factoring

About Factoring Continuing a series of articles previewing selected topics at the upcoming Society of Settlement Planners’ (SSP’s) virtual 2021 Annual Conference, which has already addressed “product suitability” and “mass torts”, this article asks: “Is it possible to avoid predatory practices in the Secondary Structured Settlement market? And if so how?” Despite the enactment of IRC Section 5891 and Structured Settlement Protection Acts in 49...

Independent Insurance Group LLC Announces New Signing

New Signing JACKSONVILLE, Fla., Feb. 8, 2021 /PRNewswire/ — Independent Insurance Group LLC (“Independent Group”) announced today the signing of a definitive agreement for an investment by Kilter Finance, an insurance-focused specialty finance company backed by KKR. Launched in 2018, Independent Group is the parent of Independent Life Insurance Company (“Independent Life”), the first insurance carrier to focus exclusively...

Let’s Talk About: Mass Torts and Structured Settlements

Upon reviewing the agenda for the Society of Settlement Planners (SSP) 2021 Annual Conference there is one session that falls outside the normal industry curriculum: Ryan Garrison’s Breakout Session titled “Demystifying the Mass Tort Market: an Attorney’s Perspective of Planner Value.” Although both SSP and the National Structured Settlement Trade Association (NSSTA) may have previously addressed mass tort tangentially, the mass tort topic...

Independent Insurance Group LLC acquires Sterling National Life

JACKSONVILLE, Fla., Jan. 25, 2021 /PRNewswire/ — Independent Insurance Group LLC (“Independent Group”) today announced that it has entered into a definitive agreement to acquire Sterling National Life Insurance Company (“Sterling National”) from SILAC Insurance Company (“SILAC”). Independent Life Insurance Company (“Independent Life”), Independent Group’s life and annuity subsidiary, is focused on the primary issuance of structured settlement...

Let’s Talk About: Suitability and Settlement Planning

The Society of Settlement Planners (SSP) will host its virtual 2021 Annual Conference for February 23-25 and has already announced the session topics and most of the speakers. One session which should provoke considerable discussion is titled “Suitability and Settlement Planning.” It appears to reference language in SSP’s Practice Standard #9 within the Settlement Planning Practice Standards (Practice Standards)...