Abacus Life is pleased to announce today that it was granted a life settlement provider license by the Louisiana Offices of the Insurance Commissioner. Abacus is now licensed to purchase life insurance policies in 43 states. Abacus Life looks forward to expanding its secondary market services to the close to 5 million residents in the state of Lousiana,” said…
Consistent advances in medical science and senior health in industrialized nations have resulted in considerably longer retirements. On the surface, this is great news. Modern seniors are living longer and healthier lives. Retirement savings haven’t adjusted however, and there is a crisis looming as more Baby Boomers age into retirement with woefully underprepared portfolios. The…
Orlando, Florida (AUGUST 13, 2019): Abacus Life was named as a “Top Workplace” in a survey of best places for employees throughout Orlando and the Central Florida Region. In an annual survey conducted by the Orlando Sentinel and Energage, a national employee experience firm that works with companies like Microsoft, eBay and Capital One and…
LISA Asserts that Carriers are Disrupting the Secondary Market Life insurance and life insurance buyer industries have a history of butting heads. Most recently, LISA (Life Insurance Settlement Association) has asserted that Lincoln Financial Group and Sun Life Assurance Co. are partaking in illegal conduct to deter seniors from selling their policies to the tertiary…
A malpractice case against Julius Rousseau has come to a close.The $6 Million legal case was discontinued after a stipulation citing prejudice against the well-known settlement attorney was presented on June 14, 2019. HistoryRousseau, an attorney for the Arent Fox LLP law firm, was first presented with a malpractice claim in a premium-finance case in March.…