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Structured Settlement Cash-out Left Impaired Man with Little. Transamerica Not Liable. - Vimarsana News

Structured Settlement Cash-out Left Impaired Man with Little. Transamerica Not Liable.

TransAmerica's annuity and life insurance units have dodged a bullet and are not liable for their roles in a mentally challenged man giving away most all

11th Circ. Asks NY Court For Guidance On Settlement Suit - Vimarsana News

11th Circ. Asks NY Court For Guidance On Settlement Suit

The Eleventh Circuit is asking New York's highest court to weigh in on a suit alleging that Transamerica Life Insurance Co. breached a contract by consenting to assigning more than $900,000 in monthly settlement payments to another company in exchange for a much smaller lump sum payout, saying there is a novel question of law that the state court should resolve.

Source: law360.com