John Darer provides structured settlement broker services where insurance licensed however, questions are welcomed from anywhere. John Darer holds insurance licenses in NY, CT, NJ, AZ, CA, CO, DC, DE, FL, GA,  IL, IN,  KY, OH, MA, MD, ME, MI, MN, MO, ,MO, MS, NB, NC,  NH, NM, OH, OR,  PA, RI,  SC, TN, TX, UT, VA, VT, ,WI, WV 

Which are the primary issuers of structured settlement annuities in 2017?

American General Life Insurance Company

Berkshire Hathaway Life Insurance Company of Nebraska

First Berkshire Hathaway Life Insurance Company

Liberty Life Assurance Company of Boston

Metropolitan Life Insurance Company

Metropolitan Tower Life Insurance Company

National Indemnity Company  (Reinsurance structured settlements)

New York Life Insurance Company

Pacific Life and Annuity Company

Pacific Life Insurance Company

​United of Omaha Life Insurance Company

​United States Life Insurance Company in the City of New York

USAA Life Insurance Company


structured settlement broker FAQ

What is a structured settlement broker?

A structured settlement broker, is a licensed and trained insurance professional who helps to negotiate and implement a customizable schedule of future periodic payments  representing damages as compensation for personal physical injury, wrongful death, workers compensation  to an individual or family. The reason why a structured settlement broker will hold life insurance license is that the most common funding asset for a structured settlement is a structured settlement annuity. An annuity is a form of insurance/. A structured settlement broker will often be licensed to practice in multiple states and appointed with multiple life insurance companies issuing structured settlement annuities. It is easy to verify if the structured settlement broker is licensed in your state by going to the website of your state's insurance department and looking for your broker.


Warning: There are individuals and companies some of whom do not hold licenses, who label themselves "structured settlement broker". Many of such individuals are employed by companies that buy structured settlement payment rights for cents on the dollar, or by search engine optimization companies or marketing networks employed by such companies to generate leads. Some companies offering structured settlement derivatives use misleading terms like secondary market annuity or secondary market annuities  (which are not annuities) and structured settlement broker  to capture attention


​How does a structured settlement broker get paid? 

A structured settlement broker earns a commission as a licensed insurance agent or broker. There is no per hour fee charged to either plaintiffs or defendants. The commission is contingency based compensation that is paid by the life insurance company issuing the structured settlement annuity either directly to the broker or via the broker's agency.  At present the standard gross commission paid by all annuity issuers is 4% of premium.  With certain companies the qualified assignment fee is not commissionable. If there is no structured settlement placed then the structured settlement broker does not get paid. Most states have longstanding anti-rebating laws that prohibit the rebating of insurance commissions to customers. On many structured settlement transactions there are multiple structured settlement brokers. Where there are multiple brokers the commissions are split in a manner similar to real estate brokerage commissions.