Life Settlement Blog

  • Abacus Settlements, LLC Purchases Life Insurance Portfolio with a Face Value of $50 Million from Federal Receiver NEW YORK, July 26 /PRNewswire/ — Abacus Settlements, LLC, a life settlement provider located in New York City, today announced that it had concluded a transaction to purchase a portfolio of life insurance policies with a face value of $50 million from the federal receiver for an insolvent life settlement finance company.  The transaction follows the approval on July 1, 2005 by the