LifeSettlementUpdate.com is the news aggregation utility serving the life settlement industry. It compiles the latest updates from multiple sources into one place.




Archive for July, 2010

ASG Is Servicing Retirement Value's $104M Portfolio

Friday, July 30th, 2010

Asset Servicing Group said in a statement today that it was chosen by Retirement Value's court-appoi…

Personal Finance Daily: Better stay healthy or you could pay at work

Thursday, July 29th, 2010

Almost half of large U.S. companies say they now use, or they plan to use, financial penalties against employees who don’t participate in certain health programs, according to survey cited by MarketWatch contributor Marla Brill in her story today.

Robert Powell’s Your Portfolio: Life settlements are DOA as an investment

Thursday, July 29th, 2010

Life settlements are not wildly popular investments. But they are wild investments. And to that end, federal regulators and lawmakers are fast at work trying to tame these slippery products.

Life Partners Plans to Discuss Spinning off More Than $100M in Assets

Thursday, July 29th, 2010

Rumson Alleges Former Executive Viewed Porn on Office Computer

Wednesday, July 28th, 2010

Rumson Capital, a Jenkintown, Pa.-based life settlement broker, filed a counterclaim last week agai…

Maple Bank Portfolio Auction Postponed

Wednesday, July 28th, 2010

A bank auction of 100 life settlement policies that was scheduled for today in New York has been pos…

PolicyOptions Acquires Golden Gateway's Life Settlement Business

Wednesday, July 28th, 2010

PolicyOptions, a life settlement brokerage based in Irvine, Calif., said it has acquired the life s…

Absolute Life Solutions Starts Business, Buys $10M in Policies

Tuesday, July 27th, 2010

Absolute Life Solutions, based in New York, has begun operations with the purchase of two policies …

Absolute Life Settlements Starts Business, Buys $10M in Policies

Tuesday, July 27th, 2010

Absolute Life Settlements, based in New York, has begun operations with the purchase of two policie…

Head Announces Retirement from LISA at End of Year

Tuesday, July 27th, 2010

Doug Head, executive director of the Life Insurance Settlement Association (LISA), announced in a l…