Introduction In today’s climate of economic turbulence—characterized by inflation, geopolitical uncertainty, and volatility in both fixed income and equity markets —injured plaintiffs and their attorneys face immense pressure when deciding between cash only settlements and structured settlements. Recent headlines have amplified these anxieties: abrupt trade policies, inflation risks facing the Fed, and global instability have...
We’re thrilled to announce the well-deserved promotions of Mikel Taft to Chief Business Development Officer and Courtney Barber to Chief Sales & Marketing Officer. Since the inception of Independent Group, Courtney and Mikel have been the driving force behind sales and business development, shaping our collective growth, and strengthening our commitment to serving injury victims and their...
In the structured settlement annuity (SSA) industry, dominated by many of America’s largest life insurers, Independent Life Insurance Company (ILIC) achieved significant milestones in 2024. Not only did the company surpass $1 billion dollars in funded premium, but it also made national headlines in the insurance press as one of the Fastest-Growing Small to Medium Annuity Issuers,...
At Independent Life we pride ourselves on delivering excellence, and today, we’re celebrating an exceptional effort by Laurel Rochwarger. Recently, Laurel went above and beyond to ensure that a crucial document was turned around to a structured settlement consultant in record time ⏱ This is a perfect example of our commitment to service and the...
We are pleased to take this opportunity to highlight the exceptional efforts of Roseline Orelus in enforcing our Payee Protection Policy (PPP), which has significantly contributed to the protection and benefit of our policy holders. Over the past year, Roseline has demonstrated an unwavering commitment to upholding ILIC’s PPP through meticulous attention to detail and proactive...
First published in 1986, Release 74 for “Structured Settlements and Periodic Payment Judgments” will be made available to subscribers this month by publisher Law Journal Press. Online subscribers will receive their update simultaneously with no additional subscription charge. “Structured Settlements and Periodic Payment Judgments” (herein sometimes referred to as “the book”) consists of 16 chapters...
On March 14, 2023, the New York State Court of Appeals heard oral arguments in the matter of Cordero v. Transamerica (Cordero Case) – a significant case for structured settlements because it challenges important assumptions about contractual rights and duties among settlement recipients, assignment companies and annuity providers. Plaintiff Lujerio Cordero (Cordero) is/was a structured settlement...
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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.
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