Structured Settlements 4Real®Blog 2026

#toddlersongs

MJ Settlements continues to market Genworth‑backed payment receivables as if they were supported by A‑rated insurers, even though every credible source places Genworth at C++ or B‑.

Some lessons are learned early in life. Children learn their ABCs in nursery school. The point is simple: Todd Lesk doesn’t know his ABCs — his A.M. Best ratings — and most people learn their ABCs in nursery school. That’s why I tagged this pattern #toddlersongs. MJ Settlements continues to market Genworth‑backed payment receivables as if they were supported by A‑rated insurers, even though every credible source places Genworth at C++ or B‑.

That’s the part MJ Settlements keeps hoping no one notices. They continue to present Genworth‑backed structured settlement receivables as if they were supported by “A‑Rated Insurance Carriers,” even though Genworth Life Insurance Company is C++ (Marginal), Genworth Life and Annuity is B‑, and Genworth Life of New York is C++. There is no A‑rated insurer anywhere in the chain, yet the marketing language keeps insisting otherwise.

This isn’t a one‑off slip. It’s a pattern — a persistent, almost stubborn refusal to acknowledge the actual A.M. Best ratings. And now, with the newly discovered line claiming “Court Order + A‑Rated Carrier + Tax‑Deferred,” the misrepresentation has evolved into a three‑layer stack of assurances that simply do not exist.

So let’s break it down, starting with the first and most basic problem: the ratings alphabet. If you can’t distinguish A from C++, you shouldn’t be marketing financial products to investors. Yet here we are.

Misrepresentation Exhibit 1: The A‑Rated Illusion

MJ Settlements’ website currently claims:

“A‑Rated Insurance Carriers Payments are backed by household names — New York Life, MetLife, Berkshire Hathaway, John Hancock, Pacific Life, and more — among the strongest insurers in the world.”

Only a very small receivable from one of the companies listed — MetLife — appear anywhere in the actual inventory of investor opportunities.

Just one.

That aside, every currently available receivable posted on the date of this post, is s receivable llisted from Genworth or Talcott Resolution, not by any of the prestige‑name higher rated insurers invoked to create a false halo effect.

Let’s be honest: Lesk has demonstrates he doesn’t know his ABCs — his A.M. Best ratings — and most people learn their ABCs in nursery school, ironically . That’s why I tagged this whole pattern #toddlersongs. Sometimes the metaphor chooses itself.

(For those who appreciate the full nursery‑school motif:

Key Fact — June 1, 2026: The Actual Ratings

Source: Genworth Industry Ratings | Genworth; A.M. Best

MJ Settlements has repeatedly made false or misleading claims about insurer ratings, as documented in:

• Secondary Market Annuity: SMA Misnomer in the Wild — May 1, 2026
• MJ Settlements Misrepresentation Explained Thoroughly — March 1, 2026
• Trust Issues: MJ Settlements’ Claims Under Scrutiny — December 26, 2025

Misrepresentation Exhibit 2: “Court Order + A‑Rated Carrier” as A “Principal Guarantee“

MJ Settlements has now escalated the pattern with a new marketing line:

“Structured Settlement Income Stream — Up to 7.50% — Court Order + A‑Rated Carrier — Tax‑Deferred.”

This is the same two‑layer misrepresentation in a single sentence:

• “Court Order” — falsely implying judicial backing or guarantee
• “A‑Rated Carrier” — falsely implying insurer strength that Genworth simply does not have as a “principal guarantee”

The receivables being sold are not backed by any A‑rated insurer. They are backed by Genworth Life Insurance Company (C++), Genworth Life and Annuity (B‑), and Genworth Life of New York (C++).

Courts do not guarantee payments. Genworth is not A‑rated. Yet MJ Settlements continues to present both as if they were settled facts.

It’s the same nursery‑school ABC problem: A ≠ C++. But MJ Settlements keeps singing the same tune. #toddlersongs

A New Sludgsicle: “Backed by the Judicial System”

MJ Settlements has now added a fresh sludgsicle to its marketing freezer: the claim that every receivable is “reviewed and approved by a court of law” and that buyers are “stepping into a legally binding, in‑force obligation backed by the U.S. judicial system.”

Courts do not back payments. Courts do not guarantee insurer performance. Courts do not transform C++ and B‑ Genworth receivables into A‑rated obligations.

A court order under a Structured Settlement Protection Act simply authorizes a transfer. It does not underwrite the insurer, certify financial strength, or provide any form of judicial guarantee.

Suggesting otherwise is not just misleading — it’s the same frozen‑thawed‑refrozen sludge that has appeared in MJ Settlements’ marketing for months.

To Lesk’s credit, he is finally calling them receivables instead of “annuities.” But the refusal to accurately describe what courts do — and do not do — is toddler‑like, the regulatory equivalent of “No, I won’t eat those strained carrots.” #toddlersongs

Why It Matters

A receivable beginning in 2038 is not “outperforming” anything. It is simply a discounted future payment with:

• downgrade risk
• duration risk
• liquidity risk
• insurer‑specific credit risk

Yet MJ Settlements continues to wrap these high‑risk, long‑deferred receivables in marketing language that suggests institutional‑grade safety.

It’s the financial‑literacy equivalent of singing the ABCs while insisting you’re teaching calculus.

Misrepresentation #3 The”Structured Settlement Offering”

The Nursery‑School Motif

This is where #toddlersongs earns its place.

Children learn their ABCs in nursery school. MJ Settlements still can’t get its A, B, or C++ straight.

The metaphor isn’t an insult — it’s an observation:

• Adults understand insurer solvency.
• Adults understand third‑party ratings.
• Adults understand the difference between A‑rated and C++ (Marginal).

MJ Settlements continues to behave like someone proudly reciting the alphabet while misidentifying the letters.

And like any toddler song, the tune repeats. And repeats. And repeats.

Children learn their ABCs in Nursery School, Ironically hashtagged #toddlersongs

Bottom Line

MJ Settlements isn’t confused. They’re committed — committed to a marketing narrative that collapses the moment a consumer checks the actual ratings.

Until that changes, the industry will keep hearing the same refrain