Continuing S2KM commentary about structured settlement credo.
What impact, if any, will President Obama's national call for change
and his repudiation of ideological certainties have upon the
traditional (claim management) structured settlement industry?
As new structured settlement leaders emerge and attempt to improve and
grow the industry, when and where will these leaders question and
discuss the industry's traditional ideological and moral certainties?
In prior blog posts, S2KM identified the following structured settlement credo:
The structured settlement world consists of Good People and Bad People.
Traditional structured settlement professionals are Good People.
Structured settlements are good for injury victims.
Without structured settlements, injury victims "squander" their settlements.
Additional structured settlement credo:
Structured settlements are a "win-win" proposition - everyone benefits.
The structured settlement industry represents and protects all viewpoints and interests on legislative and regulatory issues.
Structured settlement professionals are advocates for injury victims and disabled persons.
Structured settlements enable injury victims to live free of reliance on government assistance.
Structured Settlements reduce claim costs for defendants and their insurers.
"Cash outs", whenever they occur, are bad for injury victims.
People who promote or participate in "cash outs" are Bad People.
Subsequent S2KM blog posts will address:
How the structured settlement industry enforces its credo;
Challenges for traditional structured structured credo.
Gregorian Chants and Structured Settlements What is the structured settlement credo? asks Patrick Hindert with the word "credo" linked to this Wikipedia definition: The credo (Latin for "I Believe"; pronounced [?k?e?d?o?]) is a statement of religious belief, such as the Apostles' Creed (or, less often,...
How Are Structured Settlement Transfers Priced Settlement Quotes, LLC posted a useful explanation of how structured settlement transfers (structured settlement factoring transactions are priced. This is a must read for: Holders of structured settlement payment rights who are contemplating selling them to raise cash...
What Is A "Structured Settlement License" On a number of structured settlement industry/settlement planning industry web sites it is advertised that one or more individuals are a "licensed structured settlement broker" There are structured settlement brokers who hold life insurance broker's licenses , or agent's licenses...
Structured Settlement Best Practices Corner Click here to be linked to the Structured Settlements Best Practices Corner, a random collection of observations about the laws that govern the conduct of settlement professionals and structured settlement consultants and relevant business practices associated with structured settlement transactions.