Aite Group: Life Settlement Business Will Rebound
The life settlement industry will emerge from its recent slump and conduct about $13 billion in business annually from this year until 2013, a consulting firm predicts.
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N.Y. Department Posts Model Life Settlement Disclosures
The New York State Insurance Department has posted language it would like life settlement providers to use to inform policy owners about the legal rights owners have when selling policies.
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FinCen Eyes Suspicious Life Settlement Transactions
A federal program that collects information about possible cases of money laundering is receiving some reports on life settlement transactions.
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Life Settlement Bills Considered In N.J., Pa.
Legislation to regulate life settlements has been introduced in New Jersey and Pennsylvania.
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Vida Scoops Up Fla. Life Settlements Firm
Vida Capital has acquired Magna Life Settlements Inc. from BMI Financial Group Inc.
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Life Partners Announces Accountant’s Departure
A Texas life insurance settlement company says it is looking for a new auditor.
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Maine Amends Life Settlement Law
The Maine legislature has enacted a law clarifying the state’s requirement that life insurance companies notify policy holders of their option to sell their policy rather than let it lapse.
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Crisis Panel Hears About Texas Life Settlement Case
A Texas district court succeeded in restoring 69% of funds placed by investors in a life settlement firm accused of fraud last year, according to a state regulator.
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Life Settlement Trade Mission Agenda Released
ORLANDO, FL–(Marketwire – January 12, 2010) – In anticipation of the first-ever cross
continental life settlement trade mission, event coordinators have released
a complete and detailed agenda for public access. The 2010 Life Settlement
Trade Mission (February 23-26) is a mutual effort by the two leading trade
groups for their respective continents: in North America, the Life
Insurance Settlement Association (LISA) and in Europe, the European Life
Settlement Association (ELSA). The stated objective of the Trade Mission
is to establish “a new standard for accuracy of information and a realistic
presentation of the challenges and opportunities in the life settlement
marketplace.”
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Settlement Groups Stage Trade Mission To Europe
Life settlement groups have released the agenda for an upcoming joint trade mission in Europe.
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Life Settlement Expert: News, Appraisals, Information, Research, Advice – Everything Life Settlements
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