On June 4, 2019, in a win for New Jersey residents and life insurance companies with policies underwritten in New Jersey, the Supreme Court of New Jersey took a stand against Stranger-Originated Life ...
After several false starts, New Jersey is on the verge of passing legislation aimed at prohibiting stranger-originated life insurance (STOLI) that while broad in scope, may have little practical ...
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Illinois adopted a new law increasing disclosure and supervision rules for viatical settlements and prohibiting stranger-originated life insurance transactions. Illinois Insurance Director Michael ...
West Virginia today passed legislation to prevent the settlement of stranger-oriented life insurance policies. The life settlement legislation, called S. 704, takes elements from model acts created ...
We applaud the Star Tribune's editorial last Friday supporting greater consumer protection regarding life settlements and stranger-originated life insurance, known as STOLI. But Minnesota citizens ...
In his Insurance Fraud column, Evan H. Krinick discusses a recent decision by the U.S. Court of Appeals for the Second Circuit, 'AEI Life v. Lincoln Benefit Life Co.', which highlights the importance ...
Sex, violence and stranger-originated life insurance are at the center of a new novel, “The Death Bond Conspiracy,” written by an unusual author — an insurance agent. P.A. “Corky” Gillis, an associate ...
The estate of a Delaware woman is suing after it says a group of investors took out a life insurance policy on her. The lawsuit, filed April 26 in Delaware Chancery Court, was filed against Wilmington ...