Structured settlement

Global Tech Industries Group, Inc. welcomes Mr. Luke Rahbari as the Company’s new Chief Operating Officer

Retrieved on: 
Tuesday, April 9, 2024
Structured settlement, University, Growth, Toronto-Dominion Bank, Risk, Sale, Capital, MBA, RIA, Book, Investment, CBOE, Security (finance)

Mr. Rahbari began his capital markets career in 1993 as a derivatives trader and equity options specialist on the CBOE.

Key Points: 
  • Mr. Rahbari began his capital markets career in 1993 as a derivatives trader and equity options specialist on the CBOE.
  • In 2002, Mr. Rahbari was part of the management team involved in the sale of the firm to TD Bank.
  • Mr. Rahbari then ran derivatives books in New York, London, and Chicago for the bank.
  • Mr. Rahbari has extensive experience in the trading and capital markets and has been active in several private, non-public firms as well.

Global Tech Industries Group, Inc. retains the services of Mr. Luke Rahbari as a management consultant

Retrieved on: 
Monday, December 18, 2023
Book, Risk, Toronto-Dominion Bank, Sale, CBOE, MBA, Investment, RIA, Structured settlement, University, Growth, Security (finance)

Mr. Rahbari will also assist management in assessing the status of several of its closed and still pending deals, for compliance and due diligence purposes.

Key Points: 
  • Mr. Rahbari will also assist management in assessing the status of several of its closed and still pending deals, for compliance and due diligence purposes.
  • Mr. Rahbari began his capital markets career in 1993 as a derivatives trader and equity options specialist on the CBOE.
  • In 2002, Mr. Rahbari was part of the management team involved in the sale of the firm to TD Bank.
  • Mr. Rahbari has extensive experience in the trading and capital markets and has been active in several private, non-public firms as well.

Majority of Employment Plaintiff Attorneys Express Concern Over Lump Sum Settlement Depletion

Retrieved on: 
Tuesday, July 25, 2023
Professional Services, Legal, Finance, Vacuum, Tax, MetLife, Employment, Structured settlement, Life, Education, Insurance, Pharmaceutical industry, Real estate

While a lump sum may seem attractive, MetLife’s 2023 Structured Settlements Poll, released today, found 81% of plaintiff attorneys are concerned that their clients will deplete their settlement award lump sums too quickly, despite 66% believing their clients are financially savvy.

Key Points: 
  • While a lump sum may seem attractive, MetLife’s 2023 Structured Settlements Poll, released today, found 81% of plaintiff attorneys are concerned that their clients will deplete their settlement award lump sums too quickly, despite 66% believing their clients are financially savvy.
  • And, 96% of these attorneys at least occasionally, if not always, recommend that their clients consider using a structured settlement instead of taking their settlement award as a lump sum.
  • In addition to their advice, employment plaintiff attorneys always or sometimes encourage their clients to meet with tax attorneys (86%), financial advisors (86%), certified public accountants (80%), and structured settlement brokers (73%) to discuss their settlement award.
  • A majority, 84%, of employment plaintiff attorneys believe structured settlement brokers play an important role in positioning the value of a structured settlement, including 31% who believe they play a very important role.

Fasano Longevity Conference to Cover Politics, Medical Research and Investments

Retrieved on: 
Tuesday, October 18, 2022
Legal, Insurance, Human Resources, Finance, Consulting, Banking, Accounting, Professional Services, Small Business, Other Professional Services, Transfer, Structured settlement, Use, Augustus A. Bird, Life, Growth, Conference, Partner, Natural experiment, Research, South African National Editors' Forum, University, The Cook Political Report, Word Association, Longevity, Health, Fasano, Life expectancy, CEO, Spinal cord injury, Artificial intelligence, Cook, Paralysis, Pharmaceutical industry, Medical device, Financial services

The Fasano Longevity Conference, which will be held on November 7th, will include a wide range of topics bearing on longevity markets.

Key Points: 
  • The Fasano Longevity Conference, which will be held on November 7th, will include a wide range of topics bearing on longevity markets.
  • Said Michael Fasano, "This year's Conference covers life settlement, structured settlement and risk transfer markets while also presenting some groundbreaking medical research and timely political insights."
  • The Fasano Conference is a time efficient, one-day event that covers the most current and relevant topics affecting the longevity markets and has been favored by the investment and financial community.
  • Fasano Associates is a leading underwriting consulting firm serving the life, health, annuity and life settlement markets.

Structured Settlements Claims Professionals Look to Insurance Companies and Brokers for Education and Training

Retrieved on: 
Tuesday, September 13, 2022
Other Professional Services, Insurance, Finance, Asset Management, Accounting, Professional Services, Education, Training, MetLife, Time, Risk, NYSE, Research, Knowledge, MET, Consultant, Injury, Solution, Head, MetLife Inc. v. Financial Stability Oversight Council, Insurance, Â, Structured settlement

However, 58% say more structured settlements training from either structured settlements annuity providers or structured settlements brokers/consultants is needed.

Key Points: 
  • However, 58% say more structured settlements training from either structured settlements annuity providers or structured settlements brokers/consultants is needed.
  • More than half (58%) of claims professionals would like additional training to further develop their knowledge of structured settlements.
  • They are evenly split on whether they would prefer structured settlements annuity providers (48%) or structured settlements brokers/consultants (48%) to provide it.
  • Claims professionals are looking to brokers, consultants and insurance companies for their knowledge and experience to help them better understand structured settlements and identify claims that could be structured, says Hioki.

MetLife Launches Structured Installment Sale Solution in 49 States

Retrieved on: 
Wednesday, March 9, 2022
Commercial Building & Real Estate, Legal, Construction & Property, Insurance, Finance, Banking, Accounting, Professional Services, Small Business, Residential Building & Real Estate, IRS, Structured settlement, Tax, NYSE, Internal Revenue Code, Sale, MetLife, Â, MetLife Inc. v. Financial Stability Oversight Council, History, Insurance, MET, Life insurance

MetLife, Inc. announced today the launch of its new Structured Installment Sale solution, available through its subsidiary, Metropolitan Tower Life Insurance Company.

Key Points: 
  • MetLife, Inc. announced today the launch of its new Structured Installment Sale solution, available through its subsidiary, Metropolitan Tower Life Insurance Company.
  • With an installment sale, the proceeds from the sale are paid out in installment payments over a pre-determined number of years rather than as a lump sum.
  • We are excited to be entering this market with our new on-shore Structured Installment Sale solution and proud to be the first insurer to provide this type of offering, said Mari Hioki, vice president, Structured Settlements at MetLife.
  • MetLifes new white paper, Structuring an Installment Sale takes a closer look at structured installment sales, discussing the conditions needed for a structured installment sale, IRS guidelines for this type of sale and steps to take to structure an installment sale.

Independent Group Hires Jack Ogg as Assistant Vice President, Sales Support and Operations

Retrieved on: 
Monday, July 19, 2021
MetLife, Insurance, Structured settlement, Insurance companies, Financial services

JACKSONVILLE, Fla., July 19, 2021 /PRNewswire/ --Independent Insurance Group, LLC ("Independent Group") announced today the hiring of Jack Ogg as Assistant Vice President, Sales Support and Operations at Independent Life, its insurance underwriting division.

Key Points: 
  • JACKSONVILLE, Fla., July 19, 2021 /PRNewswire/ --Independent Insurance Group, LLC ("Independent Group") announced today the hiring of Jack Ogg as Assistant Vice President, Sales Support and Operations at Independent Life, its insurance underwriting division.
  • Ogg, who previously served in various roles within the structured settlement unit of MetLife Inc., brings a decade of structured settlement and related experience to Independent Group.
  • Ogg will report to Eric SoHayda, Vice President of Internal Sales and Operations at Independent Life.
  • Independent Life is comprised of Independent Life Insurance Company and Independent Assignment Company, subsidiaries of Independent Group.

The National Structured Settlements Trade Association (NSSTA) Announces Tacker LeCarpentier as President-Elect

Retrieved on: 
Tuesday, June 22, 2021
Insurance, Structured settlement

WASHINGTON, June 22, 2021 /PRNewswire-PRWeb/ --The National Structured Settlements Trade Association ( NSSTA ), the leading organization whose members are dedicated to preserving the rights of people with structured settlements, chooses Tacker LeCarpentier as President-Elect.

Key Points: 
  • WASHINGTON, June 22, 2021 /PRNewswire-PRWeb/ --The National Structured Settlements Trade Association ( NSSTA ), the leading organization whose members are dedicated to preserving the rights of people with structured settlements, chooses Tacker LeCarpentier as President-Elect.
  • Mr. LeCarpentier will be President of NSSTA in 2022, becoming the first Summit Structured Settlements consultant to lead NSSTA.
  • Stan K. Harlan, CEO of Summit Structured Settlements (Summit), a nationally recognized leader in the industry, says.
  • About NSSTA: The National Structured Settlements Trade Association (NSSTA) is the leading voice of the structured settlement industry, representing more than 1,200 professional structured settlement consultants, administrative and settlement business support staff, life insurance industry leaders, property casualty company claims professionals and lawyers in the United States and Canada.

NAD Recommends J.G. Wentworth Company Modify its "Cash Now" Claims to Clearly and Conspicuously Disclose Material Information about Timing of Payment

Retrieved on: 
Thursday, April 8, 2021
Insurance, Articles, Economy, Structured settlement, Lump sum, Business, Payment, Receipt

NEW YORK, April 8, 2021 /PRNewswire/ --The National Advertising Division (NAD) of BBB National Programs recommends that the J.G.

Key Points: 
  • NEW YORK, April 8, 2021 /PRNewswire/ --The National Advertising Division (NAD) of BBB National Programs recommends that the J.G.
  • Further, NAD recommended that where there is an implied message that a customer's receipt of the lump sum is immediate, the advertiser should modify its advertising to clearly and conspicuously disclose material information about the timing of receipt of cash.
  • "Do you get regular payments from an insurance company, for example, from a personal injury settlement or a car accident?
  • Wentworth has been in the business of purchasing structured settlement payment rights since 1995.

Independent Insurance Group and its Affiliates Announce the Hiring of Eric SoHayda as Vice President, Sales and Operations

Retrieved on: 
Thursday, April 1, 2021
Insurance, Structured settlement, Financial services, Finance

JACKSONVILLE, Fla., April 1, 2021 /PRNewswire/ -- Independent Life Insurance Company ("Independent Life") announced today that its affiliate, Independent Life Assignment Company ("Independent Assignment"), has hired Eric SoHayda as Vice President of Sales & Operations.

Key Points: 
  • JACKSONVILLE, Fla., April 1, 2021 /PRNewswire/ -- Independent Life Insurance Company ("Independent Life") announced today that its affiliate, Independent Life Assignment Company ("Independent Assignment"), has hired Eric SoHayda as Vice President of Sales & Operations.
  • Independent Life and Independent Assignment are subsidiaries of Independent Insurance Group, LLC (collectively, the "Independent Life Group").
  • "We are thrilled to welcome Eric to our growing team," commented George Luecke, President and Chief Strategy Officer of Independent Life Group.
  • Independent Insurance Group, LLC, through its subsidiaries, is the first insurance group to focus exclusively on the primary issuance of structured settlement annuities.