NSSTA Structured Settlement Stories
The American Association of People with Disabilities ADA Celebration!
The American Association of People with Disabilities (AAPD) hosted over 500 disability rights leaders at their annual ADA Celebration, which took place on July 26th, the anniversary date the ADA was signed into law. With over 300 in-person guests and over 200 guests participating virtually, it was a robust and committed group of leaders attending the celebration. Eric Vaughn from NSSTA attended as a supporter and as a member of AAPD's Board of Directors, a position he has held for over twelve years.
Unlocking the Potential of Structured Settlements in Employment Disputes
Mastering Settlements: Betty Gregware's Lessons from the Evolving Frontlines
In a recent episode of the "Settle Smart" podcast, guest host Chris Chan from Ringler sits down with Betty Gregware, the National Sales Director of Structured Settlements at Mutual of Omaha. With over 30 years of experience in the industry, Betty shares her wealth of knowledge and provides an in-depth look at the evolving changes in the structured settlement industry.
Regulation is Required to Combat Factoring
NSSTA has submitted a formal comment to the Consumer Financial Protection Bureau (CFPB) calling for an end to abusive, deceptive, and unfair practices employed by the factoring industry. Congress created the CFPB to provide a single point of accountability for enforcing federal consumer financial laws and protecting consumers in the financial marketp
Insights from NSSTA's "Together with Two Days to Make a Difference" Conference
The National Structured Settlements Trade Association (NSSTA) recently held an event dubbed "Together with Two Days to Make a Difference," which brought together members of Congress and other stakeholders in the structured settlements industry. During the event, attendees had the opportunity to connect with leaders in Congress and engage in productive discussions about the benefits of structured settlements. One of the notable observations made by the NSSTA staff was that most of the Congress leaders were already familiar with structured settlements.
118th Congress Update
The 2022 Congressional elections included 435 individual races for Members of Congress who serve in the U.S. House of Representatives and 35 races for Members elected to serve in the U.S. Senate. After all the votes were counted, 85 newly elected Members of Congress were sworn into office—seven new U.S. Senators and 78 newly elected Members of the House of Representatives.
In the matter of Cordero v. Transamerica
Uncovering the Emotional Journey of an Annuitant's Structured Settlement
As an annuitant, it can be a long and arduous journey, especially when they are young adults experiencing a tragedy.
Finances are not all that annuitants need to move to the next step in life. Annuitants also need to be supported in their grieving process, which often takes a back seat because of everything happening in their life. They also need to be prepared for the range of emotions that come with the settlement, which can lead to mismanagement of the funds given to them if not supported.
Restricting Public Access to Minor’s Judicial Records
After working closely with Ohio legislators for several years, NSSTA’s tenacity in protecting a minor’s settlement from public disclosure has paid off.
Effective April 3, 2023, Section 2111.18 of the Ohio Revised Code, Claim for Injury to Ward or Damage to Property – Settlement, has been amended to state as follows:
ABLE Today with Eric Ochmanek and Mark Raymond, Jr.
In the United States, one in every six people has some form of disability, yet they're not well represented in the workforce or financial system. But in 2014, the Achieving a Better Life Experience (ABLE) Act was passed, allowing people with disabilities to put money in savings accounts. These accounts can help individuals easily save up for future needs and goals.
