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: NY Structured Settlement Investments
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NAIC warns of unlicensed legitimate Companies selling unregulated non-insurance products. Factored structured settlement receivables are an unregulated non-insurance product sold by legitimate companies as “Secondary Market Annuities”
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The risk for people who are already invested in other people’s structured settlement payment rights is that the exclusion is applied retroactively and they have no protection in the event of insolvency of the underlying annuity issuer or bankruptcy of the qualified assignment company.
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A Secondary Market Annuity is not an annuity says the NAIC. If you invest in an SMA, you have no insolvency protection in 34 states, with 2 considering it and the NAIC pushing hard for all 50 states to adopt 2017 revision to the Life & Health Guaranty Association Model Act (#520).
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A structured settlement is not an annuity, A structured settlement obligation may be funded with an annuity but the structured settlement itself is not an annuity. This is a fundamental and important distinction for anyone seeking to invest in structured settlement payment rights.