Life Settlement and Viatical Settlement News

Heard off the street: Political pull, not performance, wins ‘vulture investing’ firm business
Sunday, August 27, 2006
By Len Boselovic, Pittsburgh Post-Gazette
When a firm that includes former U.S. Rep. Ron Klink approached him about investing in life insurance policies, Beaver County Controller Richard W. Towcimak was creeped out. He abhorred the thought of taking advantage of dying […]

Estate Tax Repeal Would Give the Super-Rich a Second, Less Obvious, Multimillion Dollar Windfall
NEWPORT BEACH, Calif., Aug. 24 /PRNewswire/ — Super-wealthy families will win twice if estate tax repeal or reform eventually becomes law, according to Ashton Group CEO Stephen Wolff. Beyond the obvious tax savings, America’s richest citizens would greatly benefit from selling off […]

Life Insurance Settlement Association Announces the Release of the Organization’s First White Paper
ORLANDO, FL — (MARKET WIRE) — August 23, 2006 — The Life Insurance Settlement Association (LISA) today announced the release of a white paper entitled “Cashing in on Unneeded Life Insurance Policies: How Seniors Are Benefiting from Life Settlements.” The 16-page document […]

MIAMI–(BUSINESS WIRE)–Aug. 22, 2006–Life-Exchange, Inc. (Pink Sheets:LFXG), a business-to-business exchange for the life settlement industry, has obtained Errors and Omissions (E&O) Coverage in response to their recent growth and position in the market.
Obtaining E&O coverage demonstrates Life-Exchange’s commitment to strengthening its position within the Life Settlement community. Life-Exchange’s President and Founder, David Dorr, commented, “This […]

Life Settlements. This investment area has been around about 15 years and is becoming more mainstream every year. A life settlement is the purchase of an already existing life insurance policy. Many policy owners decide for one reason of another that they no longer need insurance coverage. In the past policy owners either pulled out […]