March 25, 2009 by Administrator

Good news that regulation may become sooner than expected in the state of New York.

The company department proposed life settlement regulation in a bill introduced to the New York state legislature. Life settlements are presently not regulated in New York.

A New York regulator Eric Dinallo stated this week that he planned to propose a legislation to create oversight for the life settlement industry.

He said the bill will be a step forward in the insurance sector: “This bill protects consumers by establishing a transparent marketplace with specific licensing, registration and disclosure requirements.”

More info can be found at Life Settlement License:
Looks like NY will have regulation in the future

March 17, 2009 by Administrator

LifeSettlementPro.com will try to get notes or obtain the conference call, so we can provide an overview here. Keep checking back.

In a recent interview with Best Wire, Maynard Cooper attorney Andrew Kitchen said STOLI litigation will increase as insurers audit their books to weed out alleged STOLI policies. Kitchen went on to tell Best Wire that these case will be challenging in terms of proving the intent on the part of the insured in alleged STOLI cases. Many in the legal and insurance community are watching cases in Florida, in particular the approach Maynard Cooper has deployed there.

Designed for insurance companies and attorneys, this fully accredited teleconference will address the following questions, plus additional questions raised during a live Q&A: How do you know what STOLI is? Can you get it off your books? Can you prevent it? What does the Florida Insurance Department report mean for the industry and what is next? How is STOLI litigation changing STOLI and the life settlement market? How to thwart efforts of promoters and investors are getting smarter and designing innovative and ingenious schemes to thwart efforts to stop them. How can STOLI claims be identified? What are the legal options to rescind the policies?

To register or learn more about this conference, call HB Litigation Conferences at 484-324-2755, email the company at info@litigationconferences.com, or visit the teleconferences section at www.litigationconferences.com. For more information on Maynard Cooper & Gale, visit www.mcglaw.com.

For those life settlement companies and professionals who would like to increase their exposure and crediblity, read this post about a directory listing:
Directory Listing Campaign

March 3, 2009 by Administrator

Life Partners Holdings a leader in the secondary market for life insurance known as “life settlements” will be featured during Singular Research’s private client call on March 4, at 9 a.m. PST.

For dial in and conference code information go to: Conference Call Info or call (805) 688-1302 for more information.

If you miss this, hopefully they will post a downloadable replay. I will keep everyone updated.

Topics that will be covered:

  • What is a life settlement?
  • What makes life settlements an attractive alternative investment?
  • What makes Life Partners different from other financial service companies?
  • Is LPHI stock an attractive value today?
March 1, 2009 by Administrator

ILIAM stands for Insurance-Linked Investments Awareness Month

ILIAM, presented by Life Solutions International, featured a series of educational events with expert panelists and provided a wealth of important information, industry news and resources throughout February 2009. Panelists included fund managers, institutional investors, legal professionals, medical underwriters and life expectancy providers, actuaries, life settlement providers and portfolio servicers. The five-part series covered key areas for participants on the alternative asset class of insurance-linked products, including distressed asset opportunities, premium finance lending, purchase considerations, legal and regulatory issues, actuarial requirements, portfolio structures, transactions and servicing.

To listen to replays of select ILIAM webinars, or to request presentation slides, visit www.lifesolutionsint.com/iliam, or contact Angie Robert at arobert@lifefirms.com or 858-576-8067.