Archive for the ‘Life Settlement Update’ Category
Lifemark Sells Four Policies for Less Than $5M
Lifemark has sold four policies for less than $5 million as it continues to work on a permanent rest…
SEC Task Force Fails to Understand Market, Legal Experts Say
A Securities and Exchange Commission task force recommendation that life settlements be regulated as…
Dodd-Frank Reform Could Impact Settlement Market
The life settlement industry will be impacted in important ways by the most sweeping financial servi…
GAO Says State Law Inconsistencies Pose Challenges
A Government Accountability Office examination of the life settlement industry concluded that regula…
New Stream Selling Portfolio to McKinsey
New Stream Capital is selling its distressed life insurance portfolio to one of the hedge fund's own…
Provider Imperial Holdings Planning $287M Public Offering
Imperial Holdings, a Boca Raton, Fla.-based company that operates a life settlements provider and pr…
ISC Services Unveils Premium Optimization Product
ISC Services, a Clearwater, Fla.-based life expectancy firm, said today it is releasing a new premiu…
NCOIL Seeks Comment on Proposed Consumer Disclosure Model Act
The National Conference of Insurance Legislators (NCOIL) is seeking public comment on its proposed c…
Deutsche Bank Sues Insurance Agents over Sales of Policies, WSJ Says
Two Burbank, Calif., insurance agents have been sued by Deutsche Bank in federal court for breach o…