Life Settlement News

Legacy Benefits Corporation (New York), a recognized leader and innovator in the life settlements industry, has been granted a life settlement provider license in the state of Colorado, which recently enacted legislation regulating the field.

Habersham Funding, LLC, a Georgia-based firm that does business nationally, has been licensed as a viatical settlement provider in California. Habersham, which was founded in 2001 by settlement industry pioneer M. Bryan Freeman, provides the funds for viatical and life settlements, which enable seniors who no longer want or need their life insurance to receive an advance cash payment for their policy, or those with a terminal illness to live with dignity in their last days.

Ramiro Rencurrell, Of Magna Administrative Services, President of the Board of LISA said, it is important that we recognize the efforts of public officials who believe in consumer choice and fight for consumer rights in regards to life settlements and other financial innovations.”

The Life Insurance Settlement Association will meet in conference in New York from November 29 to December 1. This will be the twelfth consecutive year for this conference, and it will occur in New York City at the Crown Plaza Hotel in Times Square. As in previous years, LISA will continue to provide leadership for the industry and to confront the challenges of the day. Industry leaders have shown confidence in LISA by breaking registration records for the conference, which is fast approaching 500 attendees.

Institutional Investor Journals and the Life Insurance Settlement Association Announce the Publication of a Special Section on Life Settlements in The Journal of Structured Finance
Industry Officials Applaud the Special Section on Life Settlements as the Most Comprehensive and Authoritative Source of Information on the Status of the Emerging Secondary Market for Life Insurance

The Life Insurance Settlement Association (LISA) is pleased to announce the election of new board of director officers at our recent board meeting on Wednesday, June 7, 2006 in Washington, D.C.