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Archive for June, 2008

STOLI Complaint in Florida

Monday, June 30th, 2008

Briefly read over this STOLI complaint by AXA in Florida. Looks like the carriers are shutting down all forms of “Wet Paper Life Settlements” and “Immediate Settlements”.
Read full article:
AXA Files $73m STOLI Complaint in Florida
Thanks to Life Settlement Fraud

Life Settlement Education

Monday, June 30th, 2008

It looks like Life Settlement Solutions is again leading the pack in Life Settlement Education and learning programs.
I read a brief article that stated LSS would be offering access to one of the first continuing education courses certified in all 50 states. Made possible through a partnership between Life Settlement Solutions and an insurance continuing [...]

Life settlements open to Aussie investors

Wednesday, June 18th, 2008

Life settlements might seem like an unconventional asset class – but an Australian fund manager claims the sector poses a fresh set of opportunities for local insto investors.
Investing in life settlements, particularly in the US, involves buying out life insurance policies and according to Asset Life responsible manager Ron Board, is experiencing a boom similar [...]

Ohio Life Settlement Bill

Thursday, June 12th, 2008

Strickland signs life insurance settlement bill.
A measure that tightens state law governing the method of buying life insurance policies from consumers will take effect in September after garnering Gov. Ted Strickland’s signature Wednesday.
Strickland’s OK was the final hurdle for H.B. 404, which amends the Ohio Viatical Settlement Act and is aimed at improving protections for [...]