Eric Vaughn Named NSSTA’s New Executive Director

Eric Vaughn, who has overseen government affairs for the structured settlement industry for nearly 10 years, will be NSSTA’s next executive director, the association announced today. NSSTA’s Board of Directors selected Vaughn unanimously and he will begin his tenure on July 1, 2010.

“This is an important step forward for the structured settlement industry and especially for NSSTA,” said NSSTA president Dan Durbin. “For nearly a decade, Eric has been a consummate professional and a tireless advocate on behalf of structured settlements.”

“He not only has a detailed knowledge of our industry but equally
important, he has the respect of our entire membership.”

Incoming executive director Eric Vaughn shares his views of the structured settlement industry and how the NSSTA can offer greater value to its members.

Under the new arrangement, Vaughn will continue to head NSSTA’s government affairs efforts, which he has led since 2001. Beginning July 1, he will assume the job of executive director. “NSSTA’s members deserve an organization that is efficient, forward-looking and professional – an association that gives them the most value possible for their dues,” said Vaughn.

“I love this industry and will work as hard as I’ve ever worked in my life to build on the trust that NSSTA’s Board and members have placed in me.”

NSSTA has extended the early registration discount to FRIDAY, APRIL 9. To register, please CLICK HERE.

Eric with U.S. Rep. Paul Ryan (Wisconsin)

“The structured settlement industry faces significant challenges,” observed Vaughn. “But I’m confident that with the new, more streamlined management structure my team will put in place, NSSTA will have greater opportunity to provide members with the kind of value-added services they deserve.”

Peter Arnold named deputy executive director

As part of Vaughn’s management proposal, Peter Arnold will become the association’s deputy executive director. Arnold has worked with NSSTA since 1996, handling all of the association’s communications, public affairs and website needs.

Under the new arrangement, he will maintain responsibility for these areas and assume a more enhanced management role.

For more information about Vaughn and Arnold, please CLICK HERE.

Vaughn’s firm, Book Hill Partners, will become NSSTA’s new management company and he will continue as a partner there. After July 1, Book Hill will be in charge of the association’s finances, dues, continuing education credits and meetings. Until then, NSSTA members should continue working through NSSTA’s current management company, Smith Bucklin.

About structured settlements

Recognized and encouraged by the federal tax code since 1983, structured settlements provide strong financial security to victims of physical injuries and their families. Using a tailored stream of payments, a structured settlement provides a long-term payment stream that is completely exempt from state and federal income taxes.

A structured settlement’s future payment stream is funded through a highly secure life insurance annuity. For a free handout that describes some of the consumer protection regulations that bolster the security of a structured settlement annuity, please click HERE.

The National Structured Settlements Trade Association (NSSTA) represents nearly 1,200 licensed consultant, brokers, insurance companies, and other professionals involved in establishing and administering structured settlements.