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Archive for June, 2007

NAIC Amends Viatical Settlements Model Act

Friday, June 8th, 2007

June 8, 2007 – San Francisco – The National Association of Insurance Commissioners (NAIC) today adopted amendments to the Viatical Settlements Model Act during the Association’s Summer National Meeting in San Francisco.
The Model, which has been widely discussed among state regulators, addresses several issues in the life settlement marketplace, including an emerging type of life [...]

Advanced Life Settlements Management Prevent

Thursday, June 7th, 2007

Life-Exchange and European Member Firm, Advanced Life Settlements Management Prevent Industry Abuse
For information about the trading platform visit Life Settlement Auctions.
Life-Exchange, Inc., (Pink Sheets: LFXG) the nation’s leading trading platform for the life settlement industry, announced today that their system has been successful in preventing the first attempted abuse of the electronic life settlement market. [...]