Archive for June, 2010
Teren Insurable-Interest Case Appealed in California
A decision in an insurable-interest case in which a lower court judge allowed a carrier to keep $1.9…
FASB Wants Fair Value Reporting for Life Settlements
A proposal by the Financial Accounting Standards Board (FASB) to require the fair value accounting m…
Lawsuit May Settle Securities Issue in Texas
Life settlement industry players are hoping a lawsuit filed against the Texas State Securities Board…
Investors Developing Underwriting Expertise
Uncertainty over accuracy of life expectancy estimates may be scaring away some potential investors …
Forty Providers Submitted Transaction Forms to New York
In what may be an indication of high interest by life settlement providers in doing business in New…
GAO Report on Life Settlement Market Due Out in Four to Six Weeks
An examination of the life settlement market by the U.S. Government Accountability Office will be r…
Trinity Asks for Appellate Court to Clarify Texas Securities Law
Life settlements company Trinity Settlement Services is asking for a Texas state appellate court to…
HSBC Targeted for Alleged Mishandling of Life Settlement Funds
From the U.K. to Asia, institutional, professional and average retail investors alike relied on one…