Latest News



Michelle Caine of Prudential Financial Becomes the New NSSTA President!

Charleston, S.C., April 3, 2019 - The National Structured Settlements Trade Association
(NSSTA) is pleased to announce that Michelle Caine, J.D. LL.M, the Director of Relationship
Management at Prudential Financial, was installed as President during the organization’s 2019
Annual Meeting. Caine becomes only the second woman to hold the top leadership role at


G. Kissel gavel passing from J. Early


Geoffrey P. Kissel Installed as the New President at NSSTA, New President-Elect and New Board Members Elected!

Washington, D.C. April 19, 2018 – The National Structured Settlements Trade Association (NSSTA) is pleased to announce Geoffrey P. Kissel, Assistant Vice President at Pacific Life Insurance Company is installed as the new NSSTA President. Kissel, who is from Orange County, California, has more than 15 years experience working in the financial services industry with structured settlements consultants. Kissel, who will serve the 2018-2019 term as NSSTA President says, “It’s an honor to be part of a leadership team that advocates on behalf of personal injury claimants and their families through the use of periodic payments.  I look forward to engaging our membership and the committees for more active participation in the year ahead!”

Budget Act 2018

Great News for Structured Settlement Claimants, Attorneys and Structured Settlement Consultants in the Budget Act of 2018


Almost hidden in the Bipartisan Budget Act of 2018 passed this month and signed by the President, was one critical change for anyone handling a case with a Medicaid lien. Toward the end of the 250-pages is a subsection (Section 53102) fully repealing Medicaid's expanded third-party recovery rights. Now, Medicaid can only seek reimbursement from a portion of the settlement allocated to medical costs - Medicaid cannot recover monies from lost wages, pain and suffering or any other damages awarded to the injured party.

Buffett Video

Warren Buffett speaks about Structured Settlements

Recently, Warren Buffett spoke at the Berkshire Hathaway Annual Meeting about structured settlements. Specifically, he discussed what structured settlements are and why they are a good investment. He explains that structured settlements are often urged by the court and/or family that have the injured party’s best interest in mind.


Read bios and candidate letters from your newly elected Board of DIrectors Members!

NSSTA members elected five Board of Directors members to serve for the next three years:

  • Michelle Caine of Prudential Insurance Company (reelected to a second term)
  • Michael Goodman of NFP Structured Settlements (reelected to a second term)
  • Melissa Baldwin of Atlas Settlement Group
  • Jordan Bossler of American General Life Companies
  • Ross Duncan of Ringler


Jim Early Will Serve as the New President of NSSTA

The National Structured Settlements Trade Association (NSSTA) is pleased to announce that they have named Jim Early of Ringler as the NSSTA President for the 2017-2018 term. Jim is a Senior Advisor to Ringler, assisting in strategic business partnerships and collaborating with Ringler’s more than 150 consultants nationwide.

CFPB Letter

Correction Request Re: CFPB Statement on Factoring

We were pleased to see the recent statement on your website describing the potential risks of selling structured settlement payments for a single lump sum. The purpose of our organization, the National Structured
Settlements Trade Association (NSSTA), is to promote the use of structured settlements as part of a comprehensive settlement plan. The factoring transactions you describe in your statement can deprive recipients of the security and certainty that structured settlements provide.



CFPB Warning on Factoring

What should I know before giving up my monthly disability, personal injury or structured settlement payments in exchange for a one-time lump sum payment?

You could receive much less cash than your settlement is worth. Dealing with companies that offer lump sum payments for your disability, personal injury or structured settlement payments can be very risky. Some companies target people with disabilities who have structured settlements. If you receive a flyer or solicitation promising fast cash or a lump sum payment for your monthly payments, be aware! Consider all options, including talking to people you trust with your finances, or your own lawyer or financial counselor, before trading your future payments for instant cash.



Oregon Court of Appeals Enforces Anti-Assignment Language

From the article - "The decision is significant because, although there are numerous decisions that stand for the proposition that anti-assignment language is valid, there have been fewer such cases lately. A decision such as this, from an appellate court and which applies California law where previously there was uncertainty, is helpful to annuity owners and issuers seeking to maintain their rights."

Notes From Take the Hill

Notes from Take the Hill

by Susan R. Clark

On March 7th, NSSTA industry leaders converged on Washington D.C. in an effort to meet with members of the Ways and Means Committee and other key ranking U.S. Representatives in a concerted effort to discuss the importance of our structured settlement industry and why our two main Tax Codes should not be in the “special interest pile” when tax reform occurs. Fifty two NSSTA members from several member firms, the NSSTA Board of Directors, and life insurance company representatives attended the meetings and AAPD Gala, led by Eric Vaughn.

AAPD NSSTA Policy Statement

NSSTA/AAPD Joint Policy Statement

Structured settlements have been widely used in the tort area for more than three decades, and in worker’s compensation for over a decade. In a structured settlement, a voluntary agreement is reached between the parties under which the injured person receives damages in the form of a stream of periodic payments tailored to his or her future medical expenses and basic living needs from a well-capitalized, financially experienced institution.

NSSTA AAPD Press Release

NSSTA and the AAPD Sign a New Policy Statement on Structured Settlements

The National Structured Settlements Trade Association (NSSTA) is pleased to announce that the AAPD Policy Committee has unanimously approved a new joint statement about how structured settlements help to enable the newly injured to live with dignity, independence and freedom from reliance on government programs in the future.