Wm. Scott Page, president and CEO of The Lifeline Program, will host a workshop on “Successful Life Settlement Portfolio Aggregation” at the 6th Insurance Linked Securities Summit (www.ilsbermuda.com) being held July 15-17, 2009 at the Fairmont Southampton resort in Bermuda. Sponsored by the International Quality and Productivity Center (IQPC), the summit draws top professionals in [...]

Atlanta-based Morris|Hardwick|Schneider (M|H|S), one of the largest real estate closing law firms in the United States, has established a new full-service insurance company. LandCastle Insurance Services Inc. will cater to the real estate settlement industry, offering homeowner’s insurance and broad spectrum of all personal and commercial insurance products across 24 states and the District of [...]

Executives from life insurance settlement provider The Lifeline Program have uncovered some disturbing trends during the evaluation of life settlement portfolios. Issues with insurable interest and concerns regarding policy origination have led the company to mark some portfolios as “polluted.”
“We are seeing portfolios that are littered with questionable policies,” said Wm. Scott Page, president and [...]

Brookdale Senior Living, the largest owner and operator of senior living communities, today announced that it has selected Golden Gateway Financial, a comprehensive financial resource for seniors and retirees, as a preferred provider of life settlement solutions for current residents and those seniors seeking a better retirement lifestyle.
Today’s older Americans are increasingly feeling the economic [...]

Advanced Settlements, Inc., one of the oldest and largest life settlement brokers in the nation, has released a 3-minute educational video on life settlements titled Are Life Settlements Part of Your Financial Toolset? “The main focus of our educational videos is to inform and motivate financial professionals out there by giving them an easy, understandable [...]

Less than 90 days after abandoning America’s elderly, Conseco Insurance is out with a “white paper” encouraging people to buy supplemental insurance policies, says Frank N. Darras, the nation’s leading disability and long-term care insurance lawyer.
Darras warns against purchasing a supplemental policy from Conseco. In 2008 alone, Conseco was investigated, charged and fined $32 [...]

A recent survey of New Jersey auto repair shops conducted by USA/DIRECT Inc., an independent research firm, showed there are significant differences in repair quality, speed of repairs, and customer experience when it comes to how well auto insurance companies provide claim services to policyholders.
In a blind survey, Palisades Safety and Insurance Management Corporation (”Palisades”) [...]

CIFG Holding, Ltd., the holding company for CIFG’s financial guaranty subsidiaries, announced today that it, along with its principal shareholders, Banque Populaire Group and Caisse d’Epargne Group, has reached a final settlement with credit default swap counterparties and bondholders holding 98 percent of its gross par outstanding of ABS CDO exposures and certain specified CRE [...]

Advanced Settlements, Inc., one of the oldest and largest life settlement brokers in the nation, has created a Global Capital Markets Department to further its goal of increasing financing to settle policies. “The main function of the Global Capital Markets Department is to explore new funding sources for our customers,” said Scott Kirby, Co-President of [...]

FinCor Holdings Inc. a leader in the health care risk management and insurance industry, today announced A.M. Best has affirmed the A- (Excellent) financial strength rating for the company’s insurance subsidiary, MHA Insurance Company. A.M. Best also affirmed the B+ (Good) financial strength of another FinCor subsidiary, Washington Casualty Company (WCC), and revised its outlook [...]