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.
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Category: athene structured settlements
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What about the Capital Maintenance Agreement? Was it impacted by the sale of Aviva USA’s structured settlement business to Athene (finalized in early 2014, No public information has been released to structured settlement annuitants regarding the CMA status.
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John Griffiths was the lead plaintiff in a class action lawsuit against Aviva and Athene. Athene agreed to provide annuitants a CMA. Some annuitants received a modest financial recovery. A needless, unfortunate episode for the insurers, underscoring the need to be vigilant when insurers transition, or runoff their product lines.
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Presidential Life Insurance Company, former structured settlement annuity issuer in the 1980s and early 1990s, will be acquired by Athene’s wholly owned subsidiary, Athene Annuity & Life Assurance Company (“Athene Annuity”), a DE-domiciled insurer focused on retail fixed and index annuity sales and reinsurance.
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by John Darer CLU ChFC MSSC RSP CLTC Former structured settlement annuity issuer Presidential Life Insurance Company continues the long way back that is a sharp contrast to the fate of Executive Life Insurance Company of New York (ELNY) Both companies wrote structured settlement annuities, although Presidential was on alot smaller scale. A September 23,…
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Aviva/Athene structured settlement lawsuit arose after it was discovered in 2014 that the Capital Maintenance Agreement instrumental to Aviva Life selling more than $1 billion in premium and over 4,200 structured settlement annuities was unilaterally terminated without notice to annuitants
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Dreadful hold time to get service from Athene Annuity today for a structured settlement annuitant who thought a payment had been missed . Fortunately it wasn’t. On hold for over 9 minutes with just music, no status updates, no number of callers ahead of you etc.