Life Settlement News

Peachtree Life Settlements has obtained licensing in two important states for the Life Settlement business - Louisiana and Mississippi. The regional expansion into additional U.S. states where Peachtree Life Settlements can purchase life insurance policies will be a significant enhancement to its already successful Life Settlement business.

Peachtree Life Settlements is pleased to announce that it has closed on a $500 million credit facility for the acquisition of life settlements. This new facility gives Peachtree Life Settlements the capacity to purchase an additional $1.5 billion in life insurance policies. This development will add to Peachtree Life Settlements’ ongoing presence as a pioneer in providing institutional financing for the life settlement market.

Life Policy Dynamics, LLC, (“LPD”) announced today, the completion of its 2006 aggregated market analysis of the life settlement industry. The market analysis examines 168 life insurance policies transacted in the secondary life insurance market during 2006. Increases and decreases of winning bid amounts over the past four quarters are explored, as well as percentage above Cash Surrender Value accepted, and comparisons of life expectancy reports.

ISC Services www.iscservices.com  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.

The Life Insurance Finance Association (LIFA) board of directors voted today to open its membership to insurance producers, agents and financial advisors.
Under the revised dues structure, professionals involved in the sale of life insurance and who act as advisors to consumers who purchase life insurance are invited to join the growing membership of the association.

Examination Management Services, Inc. (EMSI), a life settlement service provider, has been asked by two leading organizations in the life insurance industry to provide presentations on life settlement issues.

More than $9.7 trillion of individual life insurance was in force on approximately 168 million policies at the end of 2004.

Hundreds of millions of dollars in excess value has been paid by life settlement providers to senior citizens for life insurance policies that they no longer need or want. The excess costs flow directly to the owners of the policies, senior citizens, rather than to the insurance carriers who otherwise profit when policies lapse or are surrendered.

ISC Services  has successfully been registered with the State of Florida Office of Insurance Regulation (OIR) as a Life Expectancy provider. While Florida is the largest source of Life Settlement contracts in the US, the Florida legislature has only recently required Life Expectancy providers to become registered with OIR. As one of only four registered Life Expectancy providers in the state of Florida, ISC Services is uniquely positioned to provide industry-leading Life Expectancy services to the Life Settlement industry.

One group of advisers last month opened up its own specialty broker-dealer specifically to make sure trades of life settlements are handled properly.
With NASD last month issuing a notice to members reminding.

Maple Life Financial recently participated in an industry discussion on World Business Review, a popular newsmagazine television show respected for its broadcasts of factual information about the latest topics, trends, and solutions to industry problems.