Structured Claims Settlements Rise

NU Online News Service, Feb. 5, 3:47 p.m. EST?The number of injury claimants agreeing to a compensation package paid in a structured settlement over time, rather than a lump sum, is increasing sharply, figures released today by a trade group indicate.

According to the National Structured Settlements Trade Association in Washington, structured settlements written by its life insurance members in 2001 rose 19 percent to $6.05 billion over the year before slightly over 5 billion

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