Jun 5, 4:48 PM EDT - Associated Press
Life Settlement Industry Still Divided Over STOLI Regulations - Insurance News Net
Life settlements are a tricky problem in the eyes of insurers and regulators. They provide consumers with a way to relinquish a life insurance policy. But they also make some industry members uncomfortable with all the controversy surrounding them …
Wall Street’s Latest Darling: Life Insurance Settlements - E-Commerce Times
There aren’t many cons to selling a life insurance policy to investors, notes E-Commerce Times columnist Theodore F. di Stefano. However, a policy owner should consult with a certified public accountant, financial adviser or attorney before doing so …
Jun 5, 4:48 PM EDT - Associated Press
WASHINGTON (AP) — Wall Street companies are scaling back their borrowing from the Federal Reserve’s emergency lending program. A Fed report Thursday says the investment firms averaged $8.26 billion in daily borrowing over the past week. That …