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19 Feb 2008, 1:16 pm
Allianz Life will pay $10 million: $3.3 million to the California insurance department, $3 million to investments in the California Organized Investment Network, and $3.75 million, over a five-year period, to California's Life and Annuity Consumer Protection Fund. [read post]
18 Feb 2008, 10:44 pm
A structured annuity that is used to fund an award is called a structured judgment. [read post]
18 Feb 2008, 3:17 pm
In sum, the settlement requires Allianz to (1) pay a $3,000,000 monetary penalty, (2) pay $300,000 in attorneys fees, (3) make a $3,750,000 contribution over five years to the Life and Annuity Consumer Protection Fund special account within the California Insurance Fund, (4) make a $3,000,000 "High Impact" investment in the California Organized Investment Network, (5) establish annuity suitability systems, standards and procedures, and (6) conduct a… [read post]
18 Feb 2008, 12:10 pm
We learned that the cost free qualified settlement funds that Forge Consulting once advertised are not in line with the rules in New York State Insurance law. [read post]
17 Feb 2008, 3:45 pm
(b) In some cases older Injured parties with better insurability, or lawyers structuring their attorney fees, can take a life only annuity or shorter term certain and life annuity paired with a term insurance policy. [read post]
14 Feb 2008, 11:45 pm
Virtually all structured settlements are of the fixed variety, where the "qualified funding assets" are annuities or treasury bonds. [read post]
14 Feb 2008, 8:08 pm
The likes of those that supply hundreds of millions cash to braggarts Peachtree Settlement Funding, and their 19% discount rates, want your annuitant client lists! [read post]
14 Feb 2008, 6:28 pm
Advertisements are geared to the lowest common denominator Structured Asset Funding creepily suggests that you can sell your structured settlement payments for  a Ferrari or boat or beach front home with infinity pool. [read post]
5 Feb 2008, 5:29 pm
4structures.com, LLC has compiled a list of State Life and Health Insurance Guaranty Funds, including their contact numbers as a starting point for your research. [read post]
5 Feb 2008, 10:27 am
According to its press release Peachtree Settlement Funding completed a transaction affording its Structured Settlements division over $200 million in financing for the acquisition of structured settlement payments and annuities including life contingent annuities and settlement payments. [read post]
4 Feb 2008, 7:52 pm
The caller had created a "grantor retained annuity trust" which he funded with about $500,000 within two years of being sued. [read post]
4 Feb 2008, 7:46 pm
More detailed descriptions for these programs: Medicaid Annuities Medicaid annuities, including structured settlement annuities used to fund special needs trusts, are under attack by federal and state legislators and regulators. [read post]
2 Feb 2008, 10:21 am
RAM Funding Bleats in its Structured Settlement FAQ: "The Truth about Structured Settlements (showing "originality" by taking a page from Tony "Boo Hoo"'s Annuity MD play book). [read post]
28 Jan 2008, 8:49 am
In the past a number of settlement planners, including some of the known "structured settlement factoring vig takers", criticized AFEN (Advanced Funding Exchange Notice), a rider that is included on all structured settllement annuities issued by either Allstate Life Insurance Company or Allstate Life Insurance Company of New York. [read post]
27 Jan 2008, 2:22 pm
In addition to Joseph Jamail's valuable endorsement and public relations sound bites (plus considerable annuity premium), what is the structured settlement legacy of The King of Torts? [read post]
23 Jan 2008, 9:53 am
The annuity costs will have to be paid out of current settlement proceeds but that can be done in a tax free manner which will then set aside the funds for the long term medical care. [read post]
18 Jan 2008, 7:00 pm
Which traditional structured settlement annuity features will survive? [read post]