I am about to drop one of claims’ best-kept secrets, a secret that will rock your claims management world: Structured Settlements really work!
During my nearly 30-year [...]
Structured settlements provide a proven and effective way to quantify claim costs, evaluate reserves, deconstruct demands, design creative settlement offers and bridge the gaps in negotiations. [...]
The Good, The Bad & The Ugly…and The Wisdom of Structuring Indemnity Benefits in a Workers’ Compensation Claim
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Indemnity benefits, designed to partially replace weekly income, are critical to workers’ compensation cases. Depending on the severity of the injuries and the limitations of the state statute, [...]
Since the horrific attacks of 9/11, through the dot-com bubble, the sub-prime crash of 2008, and now the devastation from Covid-19, Americans have endured multiple financial meltdowns, massive [...]
Early collaboration is critical to successful settlements. Chronovo’s Complex Claims Group brings invaluable perspective as an essential ally in the settlement process. Our experienced team [...]
The answer to this question is always, “Of course, what do you need?”. However, it does beg the question of why the defense team waited so long to avail themselves of significant claim settlement [...]
Like all negotiations, settlements rely on parties exchanging value with each other. The ultimate bargaining position? Offer significant value to the other party at a small—or even [...]
As we continue to experience the impact of COVID-19, it is hard to ignore how it has affected almost every aspect of our daily lives and our society as a whole. We have all been forced to find [...]
Given the challenge that Medicare Set-Asides (MSAs) have posed to parties settling cases over the past two decades, Medicare Secondary Payer (MSP) compliance providers, lawyers and advocates have [...]
Structured settlements offer significant benefits to all parties involved in personal injury litigation. Here are ten reasons why they are particularly valuable to Plaintiffs’ Counsel. [...]
