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Archive for March, 2008

Life Settlement Conference Update

Wednesday, March 26th, 2008

Michael Barone to Address Fasano Life Settlement Conference on November 5
Fasano Associates announced that its Fifth Annual Life Settlement Conference will be held on Wednesday, November 5, 2008 at its headquarters building in Washington, D.C. Speakers will include Michael Barone, renowned political historian and Senior Writer for U.S. News & World Report.
Said Michael Fasano, President [...]

Life Insurance Settlement Industry Thriving Amid Controversy

Monday, March 24th, 2008

Here is a great life settlement article we found in the San Diego Business Journal. Keep checking back at Life Settlement News for updated news on life settlements, premium financing, and the whole industry.
For a market that was nonexistent 10 years ago, the idea of life settlements has turned into a booming billion-dollar industry as [...]

Coventry motion to dismiss granted

Wednesday, March 5th, 2008

I wonder if this will be one of the last bits of news we receive regarding the Coventry and Ritchie Capital issue.

Coventry’s Motion to Dismiss Granted in Ritchie Lawsuit
In a ruling issued on February 29, 2008, Judge Denise Cote of the U.S. District Court for the Southern District of New York granted Coventry First’s motion [...]

Blocking Viatical Fraud

Tuesday, March 4th, 2008

Our main focus here at Life Settlement News is to provide up to date news about the Life Settlement Industry. This industry was spawned from the Viatical Industry, so we also will provide news about current Viatical situations. Life Settlements are now the most popular option when planning on liquidating a life insurance policy.
Here is [...]

West Virginia Life Settlement Regulation

Saturday, March 1st, 2008

It looks like West Virginia is one of the first states to pass a strict regulation on Life Settlements, however it is more geared toward STOLI (Stranger owned life insurance policies.)
The life settlement legislation, called S. 704, takes elements from model acts created separately by the NAIC (National Association of Insurance Commissioners) and the National [...]