Cost/Time Savings, Complexity and Risk for the Casualty Insurer in dealing with the Structured Settlement Industry   The traditional justifications for casualty insurers to promote structured settlements have included saving claim costs and claim time.  These traditional justifications are counter intuitive and unsubstantiated.  The structured settlement industry, even with the Tax Relief Act of 2001 still struggles with meaningful and articulated standards, metrics and best practices over all. Cost Savings – Structured settlements typically are negotiated on a cash basis.  Few plaintiff attorneys permit their clients to accept a structured settlement costing less than the cash alternative.  Plaintiff attorneys increasingly […]