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NSSTA President, Michael Goodman, has established the New NSSTA "Industry Growth Initiative," which is designed to identify opportunities to expand the use of structured settlements and bring those opportunities to the structured settlement industry marketplace.
Over the past several years, our industry has experienced a significant decline in production since its peak at $6.3 Billion in 2008. The last six years have hovered near the $5 Billion mark. NSSTA has effectively fought to protect Section 104(a)(2) in the face of efforts to pass comprehensive Tax Reform on Capitol Hill, and has successfully secured the passage of amendments to dramatically enhance the consumer protections included in State Structured Settlement Protection Acts. We have built a Congressional Structured Settlements Caucus, and have fostered close alliances with disability groups, consumer organizations, plaintiff and defense attorneys and insurance industry trade groups.
While we do an excellent job protecting our industry, this year we want all NSSTA members to focus their time, energy and resources on new opportunities to expand the use of structured settlements-to grow our industry.
NSSTA has formed the structured settlements industry Growth Advisory Committee, made up of industry leaders, to review, evaluate and approve industry growth proposals submitted by NSSTA members. To view a list of the members who have been asked to serve on the Growth Advisory Committee click here.
This committee has developed the "Growth Initiative Form" for members to fill out and submit, which will assist in identifying growth projects with the greatest potential for the industry, and focus industry resources on projects that have the greatest likelihood of success. We have established Growth@NSSTA.com and invite all of our members to forward your ideas, proposals and suggestions for structured settlements growth opportunities, using the newly developed "Growth Initiative Form", which you can download by clicking here.
Experienced and successful personal injury attorney, Thomas M. Bond from the firm of Kaplan/Bond in Boston tells you why a structured settlement is the best choice for the longterm financial security for you and your family when your lawsuit settles for a large sum. Hear how one man made the wrong choice and tragically lost everything.
NSSTA Applauds Wisconsin Governor Scott Walker for Signing the SSPA into Law
Washington, D.C., November 11, 2015— The National Structured Settlements Trade Association (NSSTA) applauds Wisconsin Governor Scott Walker’s bold leadership for signing the Wisconsin Structured Settlements Protection Act (SSPA) bill into law on November 11, 2015. This is great news for the thousands of Wisconsin residents and families who have suffered serious physical injuries from accidents who now have a State law on the books that will protect their structured settlements from abusive factoring company practices.
To read the full press release, click here.
Washington Post Story Updates
For a comprehensive list of articles regarding and surrounding the Washington Post Article by Terrence McCoy, click here.
A lawsuit settlement could be your one chance to protect your financial future. Learn how a payment stream can accomplish this and hear from those who are seeing the benefits.
Find out why a structured settlement annuity is one of the safest possible ways to protect future income.
Injured children are at special risk from others taking financial advantage of them. A structured settlement not only protects their settlements, it can help settle their claims faster.