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Caine, who has more than 20 years of experience in the structured settlements industry, has served on the NSSTA Board of Directors since 2014.
He succeeds Randy Dyer, also of Ringler Associates, who was NSSTA president from 2012 to 2013.
Caine, who has served on the Board of Directors since 2014, will be the second woman to serve in the capacity of NSSTA President, when her term begins in 2019.
In Louisiana, court approval is required, but it may be done ex pane, meaning that a factoring company may obtain the approval without the presence of the payee, an allowance that the NSSTA opposes.
"We are excited to have Jim lead this year's dynamic and committed Board of Directors," said Eric Vaughn, Executive Director of NSSTA. "We are proud of the work that the Board of Directors has done over the past year under the leadership of Len Blonder (of EPS Settlements).
Hudson comes to NSSTA with eight years of experience in the structured settlements industry.
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