Structured Settlements 4Real®Blog 2026
Structured settlements expert John Darer reviews the latest structured settlements and settlement planning information and news, and provides expert opinion and highly regarded commentary. that is spicy, Informative, irreverent and effective for over 20 years.
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Category: Olean Structured Settlements
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For those plaintiffs whose financial needs and commitments provide little tolerance for risk and require having safety, security and guarantees that a structured settlement can provide as a safe alternative asset class however, it may not be prudent to be the sole asset class.
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The A.M.Best “A+” rating action concerning First Berkshire Hathaway Life Insurance Company is great news for New York plaintiffs, particularly minors, incompetents or other cases where Court approval is required for structured settlements and the Court requires minimum third party ratings.
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A structured settlement is a good way to make the most of a dog bite settlement for children or minors.
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Pacific Life Insurance Company* has extended its lock in period to 12 months from 6 months in a move that will make it a bit easier to deal with intolerable delays associated with Surrogate Court approvals necessary in New York wrongful death cases. It will also be helpful on infant compromise cases.
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New York State General Obligations Law 5-1702 places a burden on defense lawyers, defendants, insurance adjusters having New York adjudicated casesthem or their client to make certain written disclosures when a structured settlement is negotiated.
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When it comes to structured settlement documents, leave your cookie cutter in your kitchen and the scissors and glue in the arts and crafts box. “It’s the way we’ve always done it” doesn’t mean “it has always been done” correctly.
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NY personal injury lawyers should bring in a credentialed financial settlement expert, experienced with CPLR 50A and/or 50B structured judgments and caluclations, as early as possible to help them and the clients analyze their options, document their file and make the best fully informed decisions
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A.M.Best underscores that in general, the life insurers who issue structured settlement annuities are among the largest, well capitalized financial institutions in world
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NY Structured Settlement Protection Act amendment signed into law in 2010 by NY Governor David A. Patterson, added a requirement that the structured settlement payees attend the transfer hearing to approve the transfer of structured settlement payment rights. NY General Obligations Law 5-1705