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.
recent posts
- Daily Rates Are Often an Important Cost Driver of Structured Settlements
- 🔥Founder and Former CEO of 777 Partners, Joshua Wander, Pleads Guilty⚖️ to $500 Million Fraud Scheme — DOJ Confirms Double‑Pledging, Misappropriation of Structured‑Settlement Funds, and Falsified Bank Statements
- The Steering Problem Needs a Wake‑Up Call
- Companies Still Using the Incorrect Term “Secondary Market Annuity”
- Canonical: Non‑Qualified Assignment (NQA)
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Category: Structured Settlement Industry News
Structured Settlement Industry News features blogs and new stories about goings on within the structured settlement industry
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My forebearers and yours would likely have seen this New York Life Insurance Company advertisement that still holds true today, 171 years from New York Life was founded. Safety security and guarantees are top of the list for why people do structured settlements today.
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There are several settlement planners who actively advise their personal clients to invest in structured. I am not confident that all of those advisors fully considered the origination and servicing risk associated with the deals they are placing. This could result in significant uncovered E&O exposures.
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The indictment alleges that Woodyard used the majority of funds from London insurers (that were intended for annuity purchases) for his own personal benefit, paying for personal living expenses, gambling habits, travel expenses, and the purchase of 4 vehicles, including 3 Mercedes Benz and a Corvette
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Structured settlement annuities, such as those issued by Pacific Life Insurance Company provide stable core income that people can depend on for a fixed period of time or for an income that cannot be outlived. A customized series of payments negotiated as part of the consideration for settlement.
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The arrest mugshot of W. Michael Woodyard, formerly a structured settlement broker from Dallas Texas who is charged with multiple crimes relating to defrauding insurers. Woodyard got pinched using a credit card without consent in MN. Don’t be like this Mike.
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Woodyard, formerly a structured settlement broker associated with a large firm in North Texas, has been criminally charged with aiding and abetting wire fraud and engaging in monetary transaction with property derived from unlawful activity.. Woodyward was arrested on June 15, 2016.
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Are there any ethical considerations for a structured settlement co-broker placing a structured settlement for the defense using the information about the plaintiff’s structure to solicit them in the future for other insurance, advisory or investment products and services by them or third parties?
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Successful NYC medical malpractice plaintiff lawyer related to me in a discussion of his client’s economic damages, that he retained the “expert the defense likes to use” for his economic report. The NYC med mal lawyer opined that his choice of expert could be more credible.
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Corrupt former structured settlement broker, Wesley Michael Woodyard (a/k/a Mike Woodyard), formerly associated with Ringler Associates of North Texas, is set to be tried beginning December 19, 2016 for his role in defrauding the London insurance market.
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The thought that qualifying for an incentive trip could possibly override what is best for a client would be both unethical and unconscionable and surely not sort of conduct that the structured settlement company, its compliance department or insurance regulators intend.