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Workers Compensation Medicare Set Aside Arrangements – Part 1
Industry NewsGovernment BenefitsSeptember 8, 2022by Patrick Hindert

Workers Compensation Medicare Set Aside Arrangements – Part 1

Workers Compensation Medicare Set Aside Arrangements (WCMSAs) have become a strategic subset of the structured settlement market. For this reason, structured settlement and settlement planning professionals should not only maintain up-to-date knowledge of current CMS WCMSA structured settlement rules but also be cognizant of both WCMSA history and current WCMSA structured settlement industry developments. This...

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PFAS Litigation and Settlements – A Structured Settlement Opportunity?
Industry NewsStructured SettlementsUncategorizedAugust 17, 2022by Patrick Hindert

PFAS Litigation and Settlements – A Structured Settlement Opportunity?

PFAS chemicals, litigation and settlements have received considerable attention during the past several years – everywhere it seems except within the structured settlement and settlement planning markets. What are PFAS chemicals and why should they matter to members of NSSTA, AASC and SSP?  Per- and polyfluoroalkyl substances (PFASs), also known as “forever chemicals”, are a...

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The California MICRA Amendments
Industry NewsJune 14, 2022by Patrick Hindert

The California MICRA Amendments

When Governor Newsom signed Assembly Bill (AB) 35 on May 23, 2022, amending California’s Medical Injury Compensation Reform Act (MICRA), it concluded one of the California’s longest running political battles and substantially improved the fairness of California’s medical malpractice statute. The amended law goes into effect January 1, 2023. Among its significant changes, AB 35 raises...

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Independent Life’s New Product, iStructure, featured on Structured Retail Products
Company NewsIndustry NewsMay 23, 2022by Courtney Barber

Independent Life’s New Product, iStructure, featured on Structured Retail Products

Independent Insurance Group, LLC (“Independent Group”) announced today that its life and annuity subsidiary, Independent Life Insurance Company (“Independent Life”), has successfully launched iStructure, the first uncapped index-linked structured settlement annuity. Independent Life has secured almost $50 million in committed sales for the product from both settlement recoveries and installment sales of real estate and businesses....

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Road Traffic Safety
Industry NewsApril 7, 2022by Patrick Hindert

Road Traffic Safety

Many structured settlement recipients are victims of road traffic accidents – as drivers, passengers, pedestrians, cyclists or innocent bystanders. Independent Life believes road traffic safety represents a complementary goal that all structured settlement and settlement planning professionals should not only support but also proactively advocate.   National Roadway Safety Strategy Earlier this year, United States...

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Structured Settlements and Periodic Payment Judgments Release 71
Company NewsIndustry NewsStructured SettlementsFebruary 22, 2022by Patrick Hindert

Structured Settlements and Periodic Payment Judgments Release 71

For many settlement planners and structured settlement annuity providers, the dominant storylines of the past two years have been COVID-19 (COVID), low interest rates and plummeting structured settlement annuity sales.  In 2019, based on industry reports, $6.47 billion of annuities were purchased to fund 26,486 structured settlement cases, for an average per case premium of $244,228.....

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