Posts tagged with: "news"
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13 Jan 2011, 3:07 pm by Carol L. Schlitt
We had another massive snowstorm hit Long Island, dropping 16 inches in my town of Huntington. I suppose this is more of what Thomas Friedman calls “global weirding”: the warmest year on record followed by a winter of tremendous snowstorms. When I reached my car this morning, I found it covered in snow. It took [...] [read post]
22 Aug 2012, 12:14 pm by structuredsettlements
Municipal bonds are sometimes touted to plaintiffs by financial advisors and stock brokers in competition with structured settlements. After all both are income-tax-free, right? But the headwinds are... This is a content summary only. Please click on the title for the full content, If you find yourself on FAEMM community, back out and type in www. structuredsettlements.typepad.com [read post]
15 Feb 2013, 3:18 pm by structuredsettlements
What sets the A.M.Best Mark apart is that in order to qualify for a listing, no fewer than eight professional references must be submitted , independently reviewed by A.M. Best and those professional... This is a content summary only. Please click on the title for the full content, If you find yourself on FAEMM community, back out and type in www. structuredsettlements.typepad.com [read post]
29 Jan 2011, 11:08 am by Carol L. Schlitt
We have had record snowfall in New York this month and that means plenty of people slipping and falling on snow and ice. As a personal injury attorney, I am frequently asked when is a slip and fall on snow and ice one of the hazards of the season and when does it result from [...] [read post]
1 Mar 2011, 11:12 am by Carol L. Schlitt
I heard today from a woman who was hit in the rear while stopped at a traffic light. She immediately felt some pain in her back and neck, most likely from the whiplash of moving forward and then her seatbelt pulling her back. The police came and offered to have an ambulance take her to [...] [read post]
6 Mar 2013, 1:05 pm by structuredsettlements
Is it a good business practice to use a single qualified assignment for more than one payee in the same family when each is scheduled to receive separate structured settlements? I submit to you that... This is a content summary only. Please click on the title for the full content, If you find yourself on FAEMM community, back out and type in www. structuredsettlements.typepad.com [read post]
2 Jan 2012, 9:28 pm by structuredsettlements
Surprisingly I see draft settlement documents and Orders which would eviscerate the plaintiff's structured settlement more often than I would like to see. Thankfully they are just drafts. Settling... This is a content summary only. Please click on the title for the full content, If you find yourself on FAEMM community, back out and type in www. structuredsettlements.typepad.com [read post]
1 Dec 2010, 4:59 pm by structuredsettlements
Insurance agents and brokers who want to jump aboard the social media train should know who how social media interplays with insurance advertising laws. In a November 22, 2010 opinion the New York... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] [read post]
23 Sep 2008, 7:15 pm by Glenn R. Reiser
A bank employee who misappropriates a customer's cash deposit can expose the bank to a claim under the New Jersey Consumer Fraud Act, a NJ appeals court ruled in Lee v. First Union National Bank, et al., App. Div., Case No.: 09-2-1547. In this case, the plaintiff, an existing customer of First Union National Bank, alleged she paid $2,000 in cash to a bank employee who worked in the bank's brokerage services unit which was supposed to be used to purchase shares of a mutual fund. Instead of depositing… [read post]
2 Nov 2010, 4:52 am by Carol L. Schlitt
I received the following question via email this morning. It concerns a slip and fall on a wet floor at a Burger King that resulted in some fractures for a man who already had two hip replacements. The man’s wife wanted to know how they should proceed. It thought you might find the question and answer helpful. [read post]
10 Mar 2013, 12:07 pm by structuredsettlements
A structured settlement lock in means that the structured settlement annuity issuer will guarantee the cost of a specific benefit stream in exchange for a commitment to accept or purchase the... This is a content summary only. Please click on the title for the full content, If you find yourself on FAEMM community, back out and type in www. structuredsettlements.typepad.com [read post]
10 Dec 2010, 12:53 pm by Carol L. Schlitt
In another example of truth is stranger than fiction, I settled a case where a woman slipped and fell on ice after the landlord of a strip mall in Suffolk ran his sprinklers in December to effectively water his sidewalks. The man ran the sprinklers and because of the cold, ice quickly formed on the [...] [read post]
23 Aug 2011, 11:31 am by Carol L. Schlitt
On a Monday morning in July 2010, a woman walking to work was struck by a car. The woman asked me to represent her. After conducting an investigation into the matter and building the case, I negotiated a settlement for the full value of the case. The woman has since relocated out of state and will receive her settlement today. [read post]
5 Nov 2011, 8:30 am by structuredsettlements
Structured attorney fees offer an excellent income planning opportunity for personal injury lawyers, aviation lawyers and other contingency fee lawyers and law firms . There are a number of ways to... This is a content summary only. Please click on the title for the full content, If you find yourself on FAEMM community, back out and type in www. structuredsettlements.typepad.com [read post]
17 Dec 2010, 8:11 am by structuredsettlements
American General is putting a "senior" to work. United States Life Insurance Company in the City of New York (U.S. Life or USL) , a 160 year old life insurance company, founded in 1850, is the latest... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] [read post]
8 Feb 2012, 6:49 am by structuredsettlements
Pat Hindert enters the debate about Product Suitability standards in the settlement industry with the first in what promises to be an exhaustive blog series on the subject. Although there is no... This is a content summary only. Please click on the title for the full content, If you find yourself on FAEMM community, back out and type in www. structuredsettlements.typepad.com [read post]
28 Oct 2010, 4:11 am by Carol L. Schlitt
...Pulling out of those parking spaces and into traffic can cause a problem. If you are parked and pulling into traffic, you need to know that New York law gives the right of way to the vehicles in the traffic lane. If you pull out of the parking spot and a vehicle in the road way hits you, New York law assumes that vehicle in traffic had the right of way and you were at fault. Therefore, it is important that before pulling into traffic, a driver take great caution. [read post]
4 Nov 2011, 7:35 am by Carol L. Schlitt
If you retain a lawyer to represent you in a personal injury case, that lawyer will send a claim letter, also known, as a letter of representation, to the defendant. The claim letter informs the defendant that you have a claim against the defendant and that the lawyer represents you for that claim. The claim letter is not required by law so it is optional for a lawyer to send it. However, in New York, if the claim is against a municipality or a municipal agency, one must send a Notice of Claim… [read post]
28 Jun 2012, 10:55 pm by structuredsettlements
The Center for Medicare and Medicaid Services recently issued an Advanced Notice of Proposed Rulemaking (ANPRM), seeking public comment concerning Medicare Set Aside Arrangements and protecting... This is a content summary only. Please click on the title for the full content, If you find yourself on FAEMM community, back out and type in www. structuredsettlements.typepad.com [read post]
15 Nov 2010, 9:53 am by structuredsettlements
One often reads the advertising claims that structured settlement payments are "tax free". Such statements are misleading. The TRUTH 1. To the extent a structured settlement payment represents... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] [read post]