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: Structured Settlements 4RealHartford P&C Structured Settlement Program Makes Positive Changes
By John Darer
Positive changes have been made with respect to Hartford's structured settlement program.
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If a structured settlement annuity is being considered, the broker must provide to the claimant at least two different annuity company quotes for the claimant to make a decision.
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There is no requirement to place (or quote) a Hartford Life annuity.
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There will be no approved life company list.
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The broker will determine (based on jurisdiction) whether there is a requirement for A+ vs A ratings.
8 settlement consulting firms provide are authorized to provide consulting services to the Hartford P&C.
This author welcomes the above changes and believes that it will lead to a healthier structured settlement industry.
Full post as published by Structured Settlements 4Real on September 24, 2009 (boomark / email).
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