“We like annuities!” March 3, 2013 – And by “we,” we mean YOU! This according to a recent study conducted by Life Insurance and Market Research Association (LIMRA). Reinforcing a theme we’re quite familiar with at our firm, the study overwhelmingly concludes: People who choose annuities are glad they did. Among the LIMRA study findings, published…
February 28, 2013 – Professional sports and big money go hand in hand. One is not possible without the other. Contracts are signed, big money changes hands and athletes and team owners smile for the cameras. For the lucky ones, this cycle repeats itself a few times as the prospects of ongoing riches loom ever…
Annuities: Best Choice for Security, Satisfaction and Serenity February 26, 2013 – We have been advising clients for years about the benefits of lifetime annuities for retirement. We’ve extolled their virtues and provided empirical evidence about the correlation between retirement and satisfaction in several previous newsletters and blogs about retirement annuities. Here’s a sampling: A…
Dog Breeds, Bites and Insurance Claims February 18, 2013 – According to the Insurance Information Institute, dog bites accounted for more than one-third of ALL homeowners liability dollars paid in 2011. It took a total of about $479 million to satisfy more than 16,000 claims that year. That’s $3.53 trillion in dog dollars. Laws vary…
February 18, 2013 – An article from last week’s issue of Claims Journal serves as a timely reminder to claims professionals everywhere of the interconnectivity between structured settlements, the current debate on income taxes and effective claims resolution. In short, rising tax rates make tax-free income more attractive when settling injury claims. This is but…
February 17, 2013 – Before the year gets away from us as years are wont to do, I thought we’d pause for a moment to reflect upon the number of people whose lives have been positively impacted in these first few weeks of 2013 as a result of our firm’s involvement in many changes in…
February 14, 2013 – Let’s start with the obvious: It depends on the event. But since it’s St. Valentine’s Day and our thoughts turn to romance, let’s start with the odds that any given person will ever date a Supermodel. The answer? 1 in 88,000. At least according to “What Are Your Odds Of Winning…
February 11, 2013 – An excellent blog written by Julie Brook for the Continuing Education of the Bar (CEBblog) last August is being revisited here today for one very good reason. The American Taxpayer Relief Act of 2012 (ATRA). The straightforwardly titled “Is the Money You Got in Your Employment Case Taxable?” blog very succinctly…
February 3, 2013 Dear Phil, Congratulations on winning the 2013 Waste Management Phoenix Open! It was well deserved and, quite literally, couldn’t happen to a nicer guy. But knowing how you feel about your current tax situation (even though you backtracked a little on your original stance as one would expect a habitual nice guy…
ASRHipSettlement.com News January 31, 2013 – As the nation’s first trial alleging defective design among other causes of action against DePuy Orthopaedics regarding the recalled Articular Surface Replacement (ASR) artificial hip implant device moves forward in Los Angeles, some headlines are painting a bleak picture for the Johnson & Johnson subsidiary. Today’s New York Times…