The Structured Settlement Expert directory is pleased to announce that Michael Pickett, CSSC, has been appointed as the structured settlement expert for the city of Los Angeles, the San Fernando Valley region as well as Palm Springs and Inland Empire. Mr. Pickett has over 30 years experience in the insurance industry, beginning as a Licensed Life, Disability, Health and Casualty Broker with a major national insurance company in 1977. President of Michael J. Pickett Insurance Services Inc. 1983, a brokerage agency specializing in Life and Annuity products.
Mr. Pickett has worked exclusively in the area of Structured Settlements since 1985 and was affiliated with the Structured Settlement Division of Kidder, Peabody Inc., a well-known national organization marketing financial and structured settlement annuity products. Mr. Pickett has been instrumental in the successful settlement of numerous catastrophic cases throughout the nation in the ensuing years.
In 1994 Mr. Pickett joined Summit Settlement Services, one of the industry’s largest premier structured settlement firms with over 41 offices throughout the United States. In 1997, the National Structured Settlements Trade Association (NSSTA), in conjunction with the University of Notre Dame, conferred upon Mr. Pickett the designation of Certified Structured Settlement Consultant (CSSC), in recognition of his successful completion of course study culminating in a comprehensive examination covering such topics as insurance casualty claims practice, state and federal laws pertaining to tort settlements, special needs trusts, federal tax law, fixed income analysis, negotiation strategy and business ethics. There are approximately one-hundred fifty professionals from across the nation to have earned the CSSC designation since it was first offered in 1993.
During the past two decades Mr. Pickett has specialized in the personal injury, product liability, medical malpractice and wrongful death area of claims settlements. Mr. Pickett also provides plaintiff attorneys with tax-deferred fee structures and property and business owners with tax deferred insured installment structured sales. Mr. Pickett works diligently to secure the best combination of financial security and benefits for seriously injured claimants and is a tireless advocate for the claimant’s right to income tax free guaranteed periodic payments.
Mr. Pickett is currently the Regional Director and Vice President of Summit Settlement Services,and a member in good standing of the National Structured Settlement Trade Association, the National Life Underwriters Association, numerous local claims associations, the Consumer Attorneys Association and a founding member of The Society of Settlement Planners, a plaintiff oriented association representing plaintiffs’ structure financial planning.