In this weeks edition of Speaking of Settlements, the featured broadcast of The Settlement Channel, I am joined by LBN host Scott Drake and guest commentator John Darer of the Structured Settlements 4 Real blog to discuss his recent post on the evaporation of almost $400 billion of market capitalization in life and casualty insurance stocks.
Some of the issues discussed are what exactly this might mean for the legal and settlement industry, will this impact claims settlement practices and does this contraction in market capitalization reduce the amount of new business a casualty company can write. Also, what is the inevitable slow down in paying claims that this capitalization reduction is going to bring on going to do to the settlement and legal professions in 2008 and 2009.
Also, this is a good time to remind people that you can join the show and be a guest on Speaking of Settlements just by contacting me or the LBN Studio's in Phoenix. It's as simple as a phone call, it's an open forum, ( with in reason ) and available to anyone who is a member of the Speaking of Settlement network, which I should add is free to join. Come be part of the discussion on Speaking of Settlements.