Lost amid all the National “Fill in the Blank” Month celebrations recognized in June (my personal favorite just might be National Accordion Awareness Month), perhaps none hits closer to the pocketbook than the one created by the National Association for Fixed Annuities (NAFA): National Annuity Awareness Month. While all the stock market indexes continue their…
That’s the word on the street according to the author of “Rising Interest Rates Means Annuities Are Hot.” The article goes on to promote the current environment as an excellent time to consider dedicating a portion of one’s retirement portfolio toward annuities, especially if near retirement. Not discussed in the article but still relevant is…
Structured settlements and automobile accidents are inextricably linked. The vast majority of structured settlements we place each year stem from motor vehicle accidents. If you are unfortunate enough to be one of the six million people in the United States involved in an automobile accident each year, there is a less than 1% chance your…
What is social inflation? If you’re a stat junkie who happens to work in or around the personal injury litigation arena, have I got a white paper for you! Last June, the Insurance Research Council published Social Inflation: Evidence and Impact on Property-Casualty Insurance. This fascinating 18-pager is very readable. Further, it lays bare the…
As we wind down the year that couldn’t have been crazier, today we focus on everything positive and reach out to express our heartfelt thanks to all who helped contribute to our success. This past year, we helped secure the futures of 85 individuals facing assorted financial challenges in 2020. They valued our expertise sufficiently…
Special thanks to the National Structured Settlements Trade Association (NSSTA) for calling our attention to a recent brief from the IRS which addresses important distinctions in the tax treatment of various personal injury damages. [Click HERE] to read the brief. Today, we share this summary with our clients who require guidance on matters involving taxation…
Please, please, please, PLEASE understand the stock market is not without risk. The stock market has had a phenomenal run over the course of the past decade. Fortunes have been made, lost for a bit, then made again. If you’re among those who have benefited from this prolonged bull run, CONGRATULATIONS! You beat the house…
Remember that credit you received on your auto insurance bill last month due to the anticipated lower claims costs since fewer people would be on the road during the coronavirus pandemic shelter-in-place orders? Don’t be surprised if that ends rather quickly. According to a recent article in Digital Insurance, a periodical aimed at senior insurance…
Eleventh in a series of blog posts dedicated to helping clients decide when a structured settlement should be considered. Today’s Installment (npi): Structured Installment Sales February 5, 2020 – For this segment in our series of educational offerings, we’re going off-topic slightly because we wish to present a structured settlement offshoot product designed to help…
February 3, 2020 – Of the Top 25 largest insurers in the world in terms of (2108) non-banking assets, five of them are domiciled in the United States. (“Best’s Review,” February 2020, p. 27) Those who resolve their personal injury claims and lawsuits with structured settlements can take comfort in knowing that all five of…