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And there is no disagreement that under the MSA, Basic was only required to provide $5 million in insurance coverage to Endeavor. [read post]
18 Jun 2015, 6:30 am by Michael B. Stack
You should consult with your insurance broker, attorney, or qualified professional. [read post]
17 Jun 2015, 11:27 am by S2KM Limited
Senior claims executives of property and casualty insurance companies have represented one of the most important advocate groups supporting structured settlements since the concept was first introduced in the late 1970s. [read post]
17 Jun 2015, 7:36 am by S2KM Limited
Survey participants, on average, believed their companies utilized structured settlement consultants in only 66 percent of appropriate cases. [read post]
8 Feb 2015, 8:07 am by S2KM Limited
As a result of the 2008 global financial crisis, however, new federal and international insurance regulatory agencies now exist which are targeting some of the largest structured settlement annuity providers among other financial and insurance companies. [read post]
2 Feb 2015, 6:26 pm by Kelly Phillips Erb
Targeted deductions (and exemptions) include tax-exempt state and local bond interest, employer-sponsored health insurance paid for by employers or with pre-tax dollars, health insurance costs of self-employed individuals, employee contributions to defined contribution retirement plans and IRAs, the deduction for income attributable to domestic production activities, certain trade or business deductions of employees, moving expenses, contributions to health savings accounts and… [read post]
26 Jan 2015, 6:30 am by Michael B. Stack
You should consult with your insurance broker, attorney, or qualified professional. [read post]
9 Dec 2014, 12:01 pm by S2KM Limited
Although life insurance companies first offered equity-indexed annuities during the mid-1990's to compete with indexed mutual funds, Pacific Life's ILAAPR represents the first U.S. equity-indexed structured settlement option. [read post]
24 Nov 2014, 10:15 am
GR's president at the time, Pat Rooney (whose family, if I recall correctly, founded the company), eventually left to found another carrier, Medical Savings Insurance Company (MSIC), which marketed MSA's exclusively.In 2008, MSIC went into receivership to protect its over 6,000 policyholders. [read post]
20 Nov 2014, 2:21 pm by S2KM Limited
Responding to Insurer Transfer Objections - Confirming his company's "good relationship" with transfer companies, Madis Smit of State Farm highlighted several insurer issues: unanticipated costs of reviewing 15 to 20 transfers per week; inadequate notice (need at least seven days); difficulty in locating some reques [read post]
31 Oct 2014, 10:54 am
October Research has scheduled a webinar for Tuesday, November 18, 2014 from 2:00-3:30 PM EST in which Marx Sterbcow of the Sterbcow Law Group; Charles Cain who is the Senior Vice President Midwest Agency Manager of WFG National Title Insurance Company; and Phil Schulman who is a Partner with K&L Gates, will discuss the latest developments involving the use of Marketing Services Agreements (MSAs). [read post]
29 Oct 2014, 6:30 am by Michael B. Stack
You should consult with your insurance broker, attorney, or qualified professional. [read post]
21 Oct 2014, 12:01 pm by Jordan Pascale, P.L.
The CBD is characterized by a high density, well organized core within the largest city of a given MSA. [read post]
1 Oct 2014, 1:53 pm by Richard J. Andreano, Jr.
The CFPB has announced that it has entered into a consent order with a Michigan title insurance agency to settle charges that the agency violated the Real Estate Settlement Procedures Act (RESPA) by paying fees to various companies under marketing services agreements (MSA) that were based on the referrals the agency received or expected to receive from such companies. [read post]
30 Sep 2014, 4:04 pm
The Consumer Financial Protection Bureau (CFPB) announced today, September 30, 2014, that they had entered into a Consent Order with Lighthouse Title, a Michigan title insurance agency, for entering into Marketing Service Agreements (MSAs) with various real estate brokers with the understanding that the companies would refer mortgage closing and title insurance business to Lighthouse Title. [read post]
23 Sep 2014, 6:30 am by Michael B. Stack
    Example of Savings through a Structured Settlement   A Hypothetical:  The parties to a workers’ compensation settlement are struggling to settle a significant claim with the following factors:   -   Claimant Projected Annual Medical Cost = $20,000 -   Total MSA exposure = $552,600   Cost to Fund MSA  with Lump-Sum Payment  =  $552,600   Instead of funding the MSA via a lump sum payment, the… [read post]
6 Aug 2014, 10:27 am by S2KM Limited
Seven primary market brokers, one structured settlement annuity provider and two secondary market companies were prominent among the 141 sponsors and exhibitors at the AAJ conference which also included as exhibitors multiple companies offering lien resolution, MSA compliance, life care planning, legal finance and economic consulting services. [read post]