Structured Settlements Authority

How to Get Cash for a Structured Settlement

NSSTA 2006 Annual Meeting

Last May the National Structured Settlement Trade Association (NSSTA) held their annual meeting, for the first time in Puerto Rico. The meeting featured speakers on various structured settlement topics, educational sessions as well as a business meeting.

NSSTA is a non-profit organization headquartered in Washington, D.C. with a membership consisting of more than 700 structured settlement professionals including: brokers; annuity and trust providers; liability insurers; and attorneys who specialize in structured settlement agreements.

During the meeting adopted a new mission statement, amended as follows. The primary mission of the Association shall be to promote the establishment and preservation of structured settlements in order to provide long-term financial security to personal injury claimants and their families through periodic payment of compensation. The Association also shall promote utilization of periodic payment arrangements generally as a tool for resolving claims. The Association shall carry out its mission through public advocacy, legislative action and educational programs

The NSSTA also reported on the progress of its Broker Relationship Initiative, which was created in 2005. The stated purposes of this initiative is to determine how we can strengthen the future of structured settlements for the benefit of all concerned and identify and, where we can appropriately, discuss and address key issues of concern to the structured settlement industry.

Legal Aspects of Getting Cash for a Structured Settlement