Life Settlement News

This is a win for the Life Settlement Industry….
Susman Godfrey Wins Summary Judgment in $5 Million Life Settlement Rescission Lawsuit
A New York state court recently rejected as a matter of law an insurance company’s attempt to rescind a $5 million life insurance policy, holding that the insurer – Lincoln Life & Annuity Company of New [...]

A recent index released from the Amrita Life Settlement Index experienced a 73-point drop in February from January 2010.
The weakness was largely due to a persistent imbalance between available policies and active buyers in the life settlement market, says Amrita. Traditional sources of policy origination such as life settlement brokers, consumers and other intermediaries continue [...]

The 2010 Trade Summit drew an opening London crowd of 150 and robust crowds followed the event as it arrived in Luxembourg and finally, in Zurich. “It’s clearly heartening to experience straightforward and honest deliberation of the industry’s most pressing issues,” said Bryan Freeman, co-chairman of the Trade Mission and president of Habersham Funding LLC. [...]