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ARTICLE · 23 FEBRUARY 2014

The NFL Needs Actuaries

Reinhart, Boerner, Van Deuren SC
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When US District Judge Anita Brody rejected the proposed settlement of the National Football League players concussion class action lawsuit in January, she did so because there was an insufficient record in front of her regarding the potential future claims in comparison to the size of the settlement fund being established.

United StatesAccounting and Audit
Timothy Muth
Timothy Muth
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When US District Judge Anita Brody rejected the proposed settlement of the National Football League players concussion class action lawsuit in January, she did so because there was an insufficient record in front of her regarding the potential future claims in comparison to the size of the settlement fund being established:  

I am primarily concerned that not all Retired NFL Football Players who ultimately receive a Qualifying Diagnosis or their related claimants will be paid. 6 The Settlement fixes the size of the Monetary Award Fund. It also fixes the Monetary Award level for each Qualifying Diagnosis, subject to a variety of offsets. In various hypothetical scenarios, the Monetary Award Fund may lack the necessary funds to pay Monetary Awards for Qualifying Diagnoses. More specifically, the Settlement contemplates a $675 million Monetary Award Fund with a 65-year lifespan for a Settlement Class of approximately 20,000 people. Retired NFL Football Players with a

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