Introduction: SSA’s Expanding Role in the Settlement Planning Landscape The recently enacted One Big Beautiful Bill (OBBB) has drawn national attention for its sweeping changes to federal programs like Medicaid, Social Security, and ABLE accounts. As discussed in our companion article How the One Big Beautiful Bill Impacts Settlement Planning for Plaintiffs, these legislative developments...
Introduction Historically rare, punitive damages are intended to punish egregious misconduct and deter future wrongdoing. Recently, however, jury verdicts—including both compensatory and punitive damages—have garnered significant public attention, indicating a possible shift in jury attitudes and expectations. Although punitive damages traditionally appear in only 2–5% of civil jury trials, recent verdicts suggest juries increasingly seek...
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,...
Introduction The 2024 Paralympic Games, scheduled to take place in Paris from August 28 to September 8 following the Olympic Games, will provide compelling and must-watch TV particularly for structured settlement and settlement professionals and our clients. Approximately 4,400 athletes from approximately 180 countries are expected to participate. NBCUniversal will provide extensive coverage to include...
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