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.
The STRUCTURED SETTLEMENTS 4REAL® Blog is a highly regarded source for structured settlement news, information, and commentary, led by structured settlement and settlement planning subect mater expert John Darer CLU ChFC MSSC CeFT RSP CLTC. With two decades of operation, the blog and 4structures.com are recognized as comprehensive resources, offering detailed guides and specialized insights. Established in 2005, the blog caters to a broad audience, including legal professionals, injured individuals, families, and various stakeholders, providing reviews and opinions on settlement planning. John Darer, President of 4structures.com LLC, is a seasoned structured settlement expert with over 40 years of financial services experience and 31 years specializing in structured settlements. Based in Stamford, CT, he is a Certified Financial Transitionist and Registered Settlement Planner, holding insurance licenses in 45 states and the District of Columbia. John Darer is dedicated to transparency and advocacy, he emphasizes the importance of engaging trained and licensed professionals for settlement planning, offering valuable insights through his investigative journalism and professional commentary.
SMA Hub mistakenly referred to the NBA as an insurance carrier in a purchase order given to an investor, but the NBA is not an insurance carrier
The following SMA Hub purchase order speaks for itself.
The image was provided to the Structured Settlement Watchdog by an investor. The HUB Business Trust Number displayed in the image R031519R-2-1-1 in the investor’s deal has a common in root to the Hansen Business’ Trust, a plaintiff in a lawsuit filed against SMA Hub and others, including settlement planners Dean Steffey and Kathleen Blevins in Arizona Superior Court September 3, 2021. The number on the SMA Hub purchase order in that case was R031519R-5.
How many other investors received statements from SMA Hub like the one in this image referencing the NBA (or NFL, in the case of a Michael Vick deal) as “insurance carrier”?
If you have received something like this or any communications from SMA Hub referring to cash flows derived from NBA contracts, NFL contracts or structured settlements as an annuity or an insurance product I’d like to hear from you.