July 8, 2013 – Strong. Safe. Secure.

The other three little words everybody loves to hear.

Especially when it comes to money. Everybody needs reassured that their money will be there when it’s promised.

According to the U.S Census Bureau, there are fewer than half the number of life insurance companies in the United States today than there were twenty years ago.

Some have merged. Some have failed.

And some, particularly those that offer structured settlements, are among the strongest the industry has to offer. They have withstood the test of time, have lots of money, a sound investment philosophy and a long track record of making payments on time.

They are “long strong.”

Standing the Test of Time

The July, 2013 issue of Best’s Review features an article. “Standing the Test of Time,” highlighting those excellent life markets which have demonstrated a consistently strong track record for a long time.

(NOTE:  Access to link may require registration)

Eleven life markets have retained an A.M.Best rating of A or better since 1928. Three of those companies (27%) are leaders in the structured settlements industry, listed here alphabetically:

Metropolitan Life

New York Life

Prudential Insurance Company of America

And when the list is expanded to include companies with a similar track record for fifty or more years, two additional market leaders surface (also listed alphabetically):

Pacific Life

United of Omaha Life

But the good news for structured settlement markets doesn’t stop there. In the same issue, a listing of the Top 25 U.S. Holding Companies, 2012 connects the three remaining structured settlement markets, some of which are also also on this list (ranked by total assets):

American International Group, Inc.

Berkshire Hathaway Inc.

Liberty Mutual Holding Company Inc.

Taken in aggregate, the eight (8) life markets currently offering structured settlements:

• Average more than 100 years in business
• Have assets in the trillions of dollars
• Have revenues in the billions of dollars
• Carry Excellent or Superior ratings from A.M. Best

 

For all these reasons we’re proud to represent these outstanding life markets every time a client seeks us out for help securing their financial future with structured settlements and structured attorney fees.

Kudos to all these great companies. We stand strong with you and hope to do so for a long, long time!