Are Carriers Disrupting the Secondary Market?

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…

texas disclosure bill | life settlements | abacus life

Texas House Of Representatives Unanimously Passes Life Premium Change Disclosure Bill

Texas House Of Representatives Unanimously Passes Life Premium Change Disclosure Bill With a final vote of 147 to 0, the Texas House of Representatives officially passed a bill that will set disclosure requirements for permanent life insurance issuers. New conditions demand transparency on cost-of-insurance increases requiring insurers to provide policy owners with 90 days’ notice…