Life Settlement and Viatical Settlement News

LISA Corrects Its Comments About Oklahoma State University Insurance Program
ORLANDO, FL — (MARKET WIRE) — March 27, 2007 — Following discussions with representatives of the insurance producers for the recent Oklahoma State University $250 million of face amount charitable life insurance transaction, Doug Head, executive director of the Life Insurance Settlement Association, states that, “The […]

SARASOTA, Fla.–(BUSINESS WIRE)–March 25, 2007–Phil Wasserman, one of the nation’s leading experts in life insurance and president of Phillip Roy Financial Services,  ne of the leading firms in retirement income planning and sellers of annuities and life insurance, is announcing a new series of white papers on the settlement of existing life insurance policies, known […]

Life Insurance Settlement Association: Life Insurors Hypocritical on Investor-Initiated Issue
ORLANDO, FL — (MARKET WIRE) — March 20, 2007 — In light of recent revelations regarding the mass purchase of investor-initiated life insurance at Oklahoma State University, state legislators and regulators should beware of protectionist measures sponsored by life insurors, says Doug Head, executive director of […]

By Colin Dodds
March 13, 2007
The SEC has filed charges against ABC Viaticals, its former president, Keith LaMonda and his brother, Jesse LaMonda, for their fraudulent sale of interests in life settlements.
The United States District Court for the Northern District of Texas granted the SEC’s request for a preliminary injunction, an asset freeze, the appointment of […]

ISC Services becomes a preferred Life Expectancy Provider to Secondary Life Capital
CLEARWATER, FL - March 12, 2007 — ISC Services is pleased to announce that after careful and thorough analysis, Secondary Life Capital, LLC, a premier Life Settlement Provider based in Washington DC, has chosen ISC Services as a preferred Life Expectancy Provider.
Morris Fishman, FSA, […]