Latest Life settlement Stories

2014-06-23 16:23:01

The Deal Reports Findings from Annual Life Settlement Survey NEW YORK, June 23, 2014 /PRNewswire/ -- The Deal, TheStreet's (NASDAQ: TST) institutional business, today issued results from its annual survey of the life settlement market showing that transactions stopped their precipitous decline last year as the face value of life insurance policies sold reached $2.57 billion, an increase from $2.13 billion the year before. The survey, compiled from information obtained through public records...

2014-01-06 12:24:26

HARTFORD, Conn., Jan. 6, 2014 /PRNewswire/ -- The difficulties in the Life Settlements market continued in 2012, but the beginnings of a recovery were seen in 2013, according to a new study by Conning. "The life settlements asset class continued to struggle to attract new capital through 2012," said Scott Hawkins, analyst at Conning. "Yet as 2013 developed, some indications of renewed interest in life settlements among investors surfaced. This renewal was driven in part by the...

2013-12-10 23:25:20

Atlanta-based life settlement industry pioneer continues focus on compliance; has long led way in championing regulation and is at forefront of disclosure trend Atlanta, Georgia (PRWEB) December 10, 2013 Habersham Funding, LLC, an Atlanta-based firm that does business nationally helping people cash out of their life insurance early, has been licensed in Arizona and Massachusetts. Habersham is one of the most-licensed life settlement and viatical settlement companies. Life settlements...

2013-02-08 23:02:49

Atlanta-based Habersham Funding continues focus on compliance. (PRWEB) February 08, 2013 Habersham Funding, LLC, an Atlanta-based firm that does business nationally, has been licensed as a life settlement provider in New Hampshire. “We have long supported responsible regulation of the industry, and are proud to add the New Hampshire license to our extensive list of existing licenses,” says Adam S. Hicks, Habersham´s general counsel. “Regulation fosters a healthy...

2010-12-17 11:15:00

NEW JERSEY, Dec. 17 /PRNewswire-FirstCall/ - MaxLife Fund Corp. (OTC:MXFD), is pleased to announce that it has executed an agreement which provides that the Company will purchase a portfolio of early life settlements upon a completion of the necessary funding. When MaxLife purchases these policies in the portfolio, it stipulates that Trinity Life Settlements, LLC, will attach an annuity to each policy. By attaching an annuity to the Early Life Settlement policy, the premiums for...

2010-11-19 08:52:00

PHILADELPHIA, Nov. 19, 2010 /PRNewswire/ -- Coventry, the creator of the secondary market for life insurance in the U.S., applauds the New York Court of Appeals decision in Kramer v. Phoenix Life Insurance Company as a significant victory for life insurance consumers and the secondary market for life insurance. "There are two prongs to this decision, one of which will resonate broadly," said Alan Buerger, CEO of Coventry. "In its opinion, the high court's statement about intent is a...

Word of the Day
  • Like a worm in form or movement; vermiform; tortuous or sinuous; also, writhing or wriggling.
  • Like the track or trace of a worm; appearing as if worm-eaten; vermiculate.
  • Marked with fine, close-set, wavy or tortuous lines of color; vermiculated.
  • A form of rusticated masonry which is so wrought as to appear thickly indented with worm-tracks.
This word ultimately comes from the Latin 'vermis,' worm.