Great News from MetLife Structured Settlements
Metropolitan Life Insurance Company is now lead Structured Settlement Annuity Issuer for Qualified structured settlement cases
Metropolitan Life Insurance Company (MLIC) is the structured settlement annuity issuer for MetLife Qualified Assigned structured settlement, Periodic Payment Agreement (PPA), and Unassigned cases ( including New York structured judgments pursuant to New York CPLR 50A and 50B). MetLife Tower Resources Group, Inc. will be the qualified assignee on these cases. The change officially takes effect beginning August 25, 2026, and will continue until further notice.
The return to Metropolitan Life Insurance Company as MetLife’s primary structured settlement annuity issuer, for the first time since May 3, 2017, is a welcome development. For several years Metropolitan Life Insurance Company was an option on a case by case or basis, or when a case reached a certain premum threshold.
Metropolitan Life Insurane Company has been in business since March 24, 1868. Andrew Johnson was the U.S. President and Ulysses S. Grant would be elected in the Fall of that year.
What Is Not Changing?
Non Qualified Structured Settlement Business with MetLife
The following business will continue to be issued through Metropolitan Tower Life Insurance Company (MTL) with MetLife Assignment Company, Inc. (MACI) as the assignment company: Non-Qualified Assignments, Structured Installment Sales All Non Qualified Assigment Flex (NQA Flex) Agreement cases (non qualified assignments with a funding agreement instead of an annuity)
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