Life Settlements
Watch breaking news videos and read news updates about Life Settlements on investmentnews.com
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No surrender: Advisers have 'obligation' to talk life settlements with clientsPolicy buyer says transactions make plenty of sense for certain groups of people
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Bizarre life settlement drama in Texas nearing an endClients who invested some $80 million in life settlements that went awry may get their due. It's just going to take a while. About 900 investors shelled out big bucks to Retirement Value LLC and Hill Country Funding LLC to purchase interests in life settlements, according to authorities in Texas.
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Stillwater runs dry as OSU, Pickens come up empty in insurance battleJudge rejects bid to recoup $33 million in soured funding scheme for school's athletic department; life insurance policies taken on 27 donors
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Life settlement notes turn out to be killer for Tex repsPair of brokers in Lone Star state suspended for selling bogus promissory notes from now-defunct National Life Settlements; 'We were fooled'
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Campaign has Betty White pitching ‘hot' life settlements
Actress Betty White is the celebrity pitchwoman for life settlements provider The Lifeline Program and also stars in the firm's viral YouTube video, “I'm Still Hot.”
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Elderly couple: Rep told us to put our IRA into life settlementsBut ex-broker refutes claim, says clients performed their own due diligence
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SEC fraud case could give new life to life settlements controversyLife Partners accused of misleading shareholders about mortality estimates; securities or not?
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Ruling is Stoli setback for Principal LifeA federal court decision in Pennsylvania has notched a win for life settlement investors.
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MetLife to take charge of up to $135M to pay death benefitsMetLife Inc. will take a charge of up to $135 million for unpaid death benefits based on Social Security Administration records.
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Life settlements scammers get longer jail sentences than Enron's SkillingTwo Houston men have been sentenced to spend more than 45 years in prison for their role in a massive life settlements fraud scheme.
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Two reps could lose securities licenses for selling life settlement notesA pair of registered representatives with Planmember Securities Corp. in Texas face the loss of their securities licenses and fines of $100,000 each for the improper sale of life settlement notes.
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Probe widens, as California examines how 10 life insurers handle dormant policiesThe ten largest life insurers doing business in California are under the microscope over the way they handle dormant life insurance policies.
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Insurance cops grill MetLife, Nationwide on death benefitsInsurance regulators questioned MetLife Inc. executives today at a hearing in Florida as they sought to understand the insurer's death benefit settlement practices.
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Insurers' financials attract scrutiny in light of death benefit rowFlorida's insurance regulator is looking into whether insurers' alleged failure to deliver deceased clients' death benefits promptly may have had an impact on the companies' financial statements and reserves.
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Connecticut is latest state to probe death benefit paymentsConnecticut's insurance department yesterday kicked off an inquiry into insurers' payments of death benefits and the steps the insurance companies take to locate beneficiaries.
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