Life Settlement News                                     Call Life Settlement Pro Toll Free

Archive for April, 2010

New York License Fee Reduction for Providers

Friday, April 30th, 2010

This is positive news…
Bowing to pressure from the life settlement industry, the New York State Insurance Department has cut the licensing fee it will charge providers from $20,000 to $10,000.
Settlement industry representatives had objected to the $20,000 fee, which was proposed by Insurance Department Superintendent James Wrynn in a draft of emergency regulations to put [...]