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  2. Structured settlement - Wikipedia

    en.wikipedia.org/wiki/Structured_settlement

    The typical structured settlement arises and is structured as follows: An injured party (the claimant) comes to a negotiated settlement of a tort suit with the defendant (or its insurance carrier) pursuant to a settlement agreement that provides as consideration, in exchange for the claimant's securing the dismissal of the lawsuit, an agreement by the defendant (or, more commonly, its insurer ...

  3. Secondary market annuity - Wikipedia

    en.wikipedia.org/wiki/Secondary_market_annuity

    Initially structured settlement payments rights were primarily packaged up by large buyers such as JG Wentworth, securitized and sold to institutional investors.During a period where institutional capital became less available in the immediate aftermath of the 2008-2009 financial crisis, a number of intermediaries began marketing structured settlement payment rights to investors.

  4. Understanding How Structured Settlements Work - AOL

    www.aol.com/news/understanding-structured...

    A structured settlement is designed to compensate individuals following the outcome of a civil lawsuit. For example, if you were involved in a car accident and were seriously injured, you may ...

  5. J.G. Wentworth - Wikipedia

    en.wikipedia.org/wiki/J.G._Wentworth

    J.G. Wentworth was formed by James D. Delaney and Gary Veloric in 1991 as a merchant bank specializing in transactions in the healthcare industry. [6] [7] In 1992, the company began to purchase New Jersey auto insurance deferrals from claimants who could not afford to wait twelve to eighteen months for their settlements. [8]

  6. Offer-of-Settlement Insurance Aims to Protect Parties From ...

    www.aol.com/news/offer-settlement-insurance-aims...

    The insurance product is being marketed as protection for litigants who may be hit with a fee award after turning down a settlement offer and for lawyers seeking to protect their contingency fees.

  7. Life annuity - Wikipedia

    en.wikipedia.org/wiki/Life_annuity

    The majority of life annuities are insurance products sold or issued by life insurance companies however substantial case law indicates that annuity products are not necessarily insurance products. [1] Annuities can be purchased to provide an income during retirement, or originate from a structured settlement of a personal injury lawsuit. Life ...

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