"Better claims resolution" with a structured settlement
Posted on January 30, 2012
Media coverage of structured settlements usually focuses on its advantages for the accident survivor. For example, click here for a recent blog from financial columnist Larry Swedroe.
Fair enough but there are two (sometimes more) sides in every accident claim. So just as important are the benefits that structured settlements bring to the defense side, particularly property and casualty insurers. ABA President William Robinson, one of the nation's preeminent defense attorneys, addressed this issue at the 2011 NSSTA Annual Convention.
Today, NSSTA is proud to unveil another testimonial about the benefits structured settlements bring for the defense side.
A structured settlement may not actually save the defendant a dollar amount. But it may make a great savings in that it may be the very vehicle that makes the settlement possible when the plaintiff learns of its availability and what it can provide.
That's Charles Leche, senior partner at the Deutsch Kerrigan & Stiles law firm, discussing one of the benefits of structured settlements for insurance claims. Named a Best Lawyer in America since 2007 and a Louisiana Super Lawyer, Mr. Leche is one of the nation's leading defense attorneys, specializing in maritime, product liability and mass tort litigation.
Recently, Mr. Leche delivered a seminar on effective claims resolution, with a significant portion of his presentation devoted to structured settlements.
The National Structured Settlements Trade Association and Deutsch Kerrigan are pleased to present excerpts in a new video, "Structured settlements & better claims resolution." Among Mr. Leche's observations:
"The services of a good structured settlement consultant are invaluable in this situation and particularly useful in a mediation environment where the benefits of a structured settlement can be explained directly to the injured person or in the case of a minor, to his or her guardian."
"Structured settlements can be extremely valuable...even though large sums of money may not be involved."
More testimonials about structures' benefits are available on the Independent Voices page of NSSTA's website.
If you have any questions or comments, please email Peter Arnold at parnold@nssta.com.
