by Structured Settlement Watchdog
SuttonPark victim Jim Yad recently got the good news that DRB Capital is taking over the payment servicing for his remaining structured settlement payments from SuttonPark. DRB Capital requested that Jim complete direct deposit forms. Thumbs up DRB Capital!
Dunderheads Done Dirt Cheap
But among the 50 unsolicited phone calls to Jim this month, from cash now pushers trying to get retiree Jim to sell
more payments, was a fibbing. light-on-the-facts dunderhead who said they were “calling from Allstate”, clearly unaware that Allstate stopped writing structured settlement business in Q1 2013 and its two life insurance companies that wrote structured settlement annuities (when Allstate companies were writing structured settlement annuites) were sold off in Q4 2021. If that wasn’t enough, the lying dunderhead asked Jim what his policy number was so he could “analyze it”.
Allstate Life Withdraws from Structured Settlement Marketplace – Structured Settlements 4Real® Blog: Structured Settlements | Settlement Planning News and John Darer Reviews (February 20, 2013)
Allstate closes $400 million sale | Insurance Business America about the October 2021 sale of Allstate Life Insurance Company of New York to Wilton Re.
Allstate Life Structured Settlements | What You Need To Know about the November 2021 sale of Allstate Life Insurance Company (now known as Everlake Life Insurance Company)