Structured Settlements 4Real®Blog 2026

Structured settlements expert John Darer reviews the latest structured settlements and settlement planning information and news, and provides expert opinion and highly regarded commentary. that is spicy, Informative, irreverent and effective for over 20 years.

by John Darer CLU ChFC CSSC RSP

The qualified assignment company for structured settlements funded with annuities issued by AIG's then New York life insurance subsidiary changed to American General Annuity Service Corporation (AGASC) effective July 1, 2009.

The change at w primarily relevant to New York structured settlements.

Structured settlements funded with annuities issued by American International Assurance Company of New York (AI Life) that were in force or were pending but locked in or funded prior to July 1, 2009, didn't change and remained with National Union Fire Insurance Company of Pittsburgh, PA as assignee (for old AIG or AIU Holdings claims where the insurer was American Home Assurance Company) or American Home Assurance Company (AHAC) for others.

AGASC is a stand alone special purpose assignment company whereas the soon to be previous assignees are property and casualty insurers.

AGASC is already the qualified assignment company for structured settlements funded with annuities issued by American General Life Insurance Company. American General was acquired by AIG in 2001.

Postscript

What is a Qualified Assignment

 

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