Recent Articles

Structured Settlement Metrics - 4

October 13, 2011 00:21

A 2011 National Litigation Management study sponsored by the Council on Litigation Management (CLM): Identified structured settlement as the "most penetrated external initiative" among 30 litigation-related service areas analyzed based upon interviews with leading litigation management executives;...

Structured Settlement Metrics - 3

October 07, 2011 13:40

A 2011 National Litigation Management study sponsored by the Council on Litigation Management (CLM): Identified structured settlement as the "most penetrated external initiative" among 30 litigation-related service areas analyzed based upon interviews with leading litigation management executives;...

Structured Settlement Metrics - 2

September 25, 2011 16:37

Why should defendants or liability insurers ever agree to settle a personal injury case using a structured settlement? Although this question may seem counter intuitive to current structured settlement stakeholders, it represented a fundamental issue when structured settlements were...

Structured Settlement Metrics - 1

September 22, 2011 13:28

A 2011 National Litigation Management study, commissioned by the Council on Litigation Management (CLM) and conducted by Revere Advisory, identifies structured settlement as the "most penetrated external initiative" among 30 litigation-related service areas analyzed based upon interviews with...

ELNY Liquidation - 1

September 13, 2011 13:45

James Wrynn, New York's Insurance Superintendent, (Superintendent and/or Rehabilitator, and/or Liquidator) has petitioned the Supreme Court of Nassau County New York for an Order of Liquidation and Approval of a Restructuring Agreement for Executive Life Insurance Company of New York...James Wrynn,...

ELNY Liquidation - 2

September 08, 2011 14:59

The New York State Insurance Department has posted a News Release on its website announcing the proposed liquidation plan for Executive Life Insurance Company of New York (ELNY) and providing additional information to supplement the petition for liquidation filed September...The New York State...

Aurora S.A. v. Poizner

August 29, 2011 23:33

In a legal dispute (Aurora S.A. v. Poizner) which it characterized as "another aspect of the dizzyingly complex and heavily litigated failure of the Executive Life Insurance Company", a California Court of Appeals on August 8, 2011 upheld a trial...In a legal dispute (Aurora S.A. v. Poizner) which...

Life Insurer Liquidation Process

August 28, 2011 21:36

What happens if and when a multistate life insurance company like Executive Life Insurance Company of New York (ELNY) is liquidated? The answer: no one knows for certain. This uncertainty, specifically for ELNY, results from many factors: No significant multistate...What happens if and when a...

ELNY Liquidation Plan Postponed

August 10, 2011 13:48

The Superintendent of the New York Insurance Department, serving as Rehabilitator for Executive Life of New York (ELNY), has informed the New York Supreme Court of Nassau County by letter that it 'is not in a position to submit a...The Superintendent of the New York Insurance Department, serving as...

Robinson New ABA President

August 09, 2011 17:53

Structured settlements have been supported by public policy and endorsed by prominent attorneys, judges and legislators since they were first introduced in the United States during the late 1970s. Today, William T. Robinson lll, a Cincinnati attorney who espouses and...Structured settlements have...