Don’t get worried after reading the title, their are not making any drastic changes.

Peachtree Financial Solutions will encompass Peachtree Settlement Funding, Peachtree Pre-Settlement Funding and Peachtree Life Settlements, among other companies it owns.

So I assume new applications and advertising information will be released with the new name instead of the Peachtree Life Settlement relation.

Alberto Cairo, Peachtree Financial Solutions’ chief operating officer, said the rebranding “reflects our commitment to meeting the diversified needs of the marketplace in a rapidly changing economy.”

Found this information from LISA, some interesting information that could effect a handful of companies that have large business contacts in these states.

North Dakota, West Virginia and Vermont were the most frequently named states where laws/regulations had shut down life settlement businesses. All three states passed bans on settlements in the first five years that a life insurance policy is in force. North Dakota and West Virginia both require life settlement providers to carry a surety bond. Starting on October 1, 2009, Vermont will limit brokers from earning more than 2% of the amount paid by a life settlement company to the policy owner.

The 3 states we have seen the largest amount of business has been:
New York
California
Florida