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13 Apr 2009, 9:40 am
Every now and then in my role as CEO of the two companies which I directly manage, I encounter customer service issues that are so stunning and breath taking in their stupidity that I just have to get on my soap box and vent. [read post]
21 Oct 2008, 4:11 pm
In what can only be described as a big time warning shot from the State of New York Insurance Commissioner, Eric Dinallo, a letter has been sent to all licensed agents in the state regarding laws on the books that prohibit an agent or broker from making any misleading representation or misrepresentation regarding the financial condition of the insurer in order to induce the person to lapse, or surrender any insurance policy. [read post]
17 Jan 2009, 12:37 pm
US Airways pilot, Captain Chesley "Sully" Sullenberger ditched his disabled jetliner, US Air flight 1549 into the frigid Hudson River on Thursday afternoon after a collision with a flock of birds apparently knocked out both engines, but officials said rescuers safely pulled all 155 people on board into boats as the plane sank. [read post]
23 Aug 2007, 8:41 am
In the two years since hurricane Katrina slammed into the gulf coast of Alabama, Mississippi and Louisiana there has been in the national psyche an urge to move on to the next big story, conveniently overlooking that utter devastation that region suffered and the high stakes legal battle between the insurance industry and residents of that area. [read post]
11 Nov 2008, 4:00 pm
I returned from a few days off to get some rest and gear up for the usual year end push to find that AIG has once again had their deal reworked by the Fed's, with the amount at risk now up to $150,000,000,000. [read post]
8 Jan 2008, 9:43 am
  Matt is a frequent guest and soon to be another featured commentator on LBN, but is best known nationally for his expertise in the area of medicare and medicaid lien resolution on mass tort liability cases. [read post]
14 Jan 2010, 12:55 pm by The Settlement Channel
In a long awaited move, Met Life today announced some significant improvements in their structured legal fee annuity offerings. [read post]
22 Sep 2007, 12:20 pm
Today i'd like to take just a moment to share some thoughts on the passing this week of one of my closest friends and mentors, my father in law, Varkis Ovian. [read post]
3 Mar 2007, 1:40 pm
In some good news for those of us who use Allstate Life's NABCO Assignment Ltd, for non-qualifed annuities, structured legal fees and structured sales, it was announced today that NABCO's name will be changed to Allstate International Assignments, Ltd. [read post]
19 Sep 2008, 4:40 pm
In this weeks edition of Voices of the Law, I was a guest with Attorney Jan Schlichtmann discussing the topic of Tort Reform and the 2008 election. [read post]
13 Oct 2008, 6:33 pm
In yet another major news announcement from AIG, today it was reported in the Wall Street Journal that an innovative trustee arrangement will be put in place by the Federal government to oversee the sale and management of the AIG assets necessary to repay the government loan provided three weeks ago to bail out the company. [read post]
28 Oct 2008, 8:28 pm
In what is one of the more stunning stories i've heard come out of the " Capital Market Bailout" also known forever forward by me as welfare for wall street, it was revealed over the weekend and early this week that some of the biggest names in the life insurance community are being enticed by the Treasury savants who have created this mess with "capital infusions". [read post]
12 Aug 2008, 3:44 pm
In what amounts to a panicked screed by Forbes columnist Daniel Fisher, he outlines in his recent online article that "November Election A Lawyers Delight. [read post]
3 Mar 2009, 7:48 am
Well, as we have all read in the news and watched on TV, AIG in the wake of reporting a $60 Billion loss for the quarter has now reworked the terms of their deal with the US Government to modify the loan terms, reduce the interest payments and exchange debt for equity, all in return for another $30 billion in cash. [read post]
23 Dec 2006, 9:09 am
After a really bad couple of months for plaintiffs in which the defense teams for Merck had a run of resounding wins in the Vioxx litigation ( and according to all observers they really drilled the plaintiff attorneys in both cases ) a Texas state court judge has handed a win of sorts to plaintiffs in a closely watched decision on the Leonel Garza case down in Rio Grande City, TX. [read post]
28 Jul 2010, 10:18 am by The Settlement Channel
In part Five of what is now a two month series, I look at the options for savings and investment of clients funds AFTER we have secured their monthly or annual income through the use of an immediate annuity. [read post]
17 Jun 2010, 4:14 pm by The Settlement Channel
In todays Speaking of Justice we call again on noted mass tort and environmental attorney Frederick "Rick" Kuykendall to discuss the recently announced $20 billion BP Oil Spill damage fund. [read post]
20 Jun 2009, 9:20 am
I was struck yesterday as I watched President Obama take a full afternoon, something you rarely see the President of the United States ever do, and dedicate it to an event designed to promote the importance of fatherhood in our society. [read post]