News

Jul 30 2010
Coventry Capital Plans to Invest in SL Investment Fund, Publication Says
Coventry Capital plans to originate policies and invest in a fund managed by SL Investment, a U.K. ... More
Jul 30 2010
California Insurance Department Issues Final Rules for New Law
The California insurance department's final emergency regulations to enact the state's new life set... More
Jul 30 2010
ASG Is Servicing Retirement Value's $104M Portfolio
Asset Servicing Group said in a statement today that it was chosen by Retirement Value's court-appoi... More
Jul 30 2010
Lifemark Is Still Working on Restructuring Deal with CarVal
Luxembourg life settlements company Lifemark is still working on a restructuring deal with hedge fun... More
Jul 29 2010
Life Partners Plans to Discuss Spinning off More Than $100M in Assets
Life Partners, a Waco, Texas-based provider, said it plans to discuss spinning off more than $100 m... More
Jul 29 2010
Sun Life Can't Rescind Policy and Keep Premiums, Court Says
A federal court decision says Sun Life Assurance Co. of Canada can't retain premiums if it rescinds ... More
Jul 28 2010
Rumson Alleges Former Executive Viewed Porn on Office Computer
Rumson Capital, a Jenkintown, Pa.-based life settlement broker, filed a counterclaim last week agai... More
Jul 28 2010
Maple Bank Portfolio Auction Postponed
A bank auction of 100 life settlement policies that was scheduled for today in New York has been pos... More
Jul 28 2010
PolicyOptions Acquires Golden Gateway's Life Settlement Business
PolicyOptions, a life settlement brokerage based in Irvine, Calif., said it has acquired the life s... More
Jul 27 2010
Absolute Life Solutions Starts Business, Buys $10M in Policies
Absolute Life Solutions, based in New York, has begun operations with the purchase of two policies ... More
Jul 27 2010
Head Announces Retirement from LISA at End of Year
Doug Head, executive director of the Life Insurance Settlement Association (LISA), announced in a l... More
Jul 26 2010
Melville Capital Brokering A&O Portfolio
Melville Capital is soliciting bids in the sale of a portfolio of 27 life insurance policies held by... More
Jul 23 2010
CarVal Backs out of Lifemark Restructuring Proposal
A proposal to rescue troubled life settlement company Lifemark in Luxembourg is off the table after ... More
Jul 23 2010
SEC Task Force Recommendations Could Impact Market in Short-Term
A Securities and Exchange Commission task force recommending federal oversight of life settlement in... More
Jul 22 2010
Congress Should Define Life Settlements as Securities, SEC Report Says
A report by a Securities and Exchange Commission task force issued today said the commission should ... More