June 22, 2023 | The Legal Intelligencer
Changing How We Look at Structured Settlement TransfersIn my March article, I wrote about the Cordero case, which remains well-known in the relatively small and insular structured settlement industry. Lujerio Cordero had sold, in six separate transactions, the majority of his guaranteed income streams from a structured settlement annuity to third-party factoring companies.
By Sandra K. Jones
8 minute read
March 16, 2023 | The Legal Intelligencer
Potential for a Structured Settlement Industry Shake-Up: The 'Cordero' AppealThere is an entire industry that has existed in our country for many years where personal injury victims and wrongful death survivors who settled tort cases by way of "structured" settlement (as opposed to an all-at-once lump sum) have sold or assigned their future structured settlement payment rights to third-party purchasers, at high interest rates, for what can end up as mere pennies on the dollar.
By Sandra K. Jones
10 minute read
October 06, 2022 | The Legal Intelligencer
Court: Longshore and Harbor Workers' Compensation Act Structured Payments Cannot be FactoredThe latest opinion and order, albeit a state court decision, should assist annuity owners and issuers when enforcing the premise that LHWCA are simply not to be factored—in Michigan and throughout the United States.
By Sandra K. Jones
7 minute read
June 02, 2022 | The Legal Intelligencer
Chomping at the Bit: Pet Insurance Numbers Climb for 2021North America's pet insurance sector exceeded $2.83 billion at year-end 2021, meaning the industry has more than doubled since 2018.
By Sandra K. Jones
6 minute read
March 10, 2022 | The Legal Intelligencer
Insuring Our Feathered and Furry Family MembersPet insurance plans covering the veterinary costs associated with diagnosing behavioral problems in pets is as an attractive solution to pandemic-related mental health concerns.
By Sandra K. Jones
8 minute read