Insurance industry players, regulators meet to discuss life settlement

They aim to curb abuse targeting the elderly

State insurance and securities regulators yesterday appealed to members of the Senate for tougher oversight of life settlement transactions in order to curb abuse of senior citizens.

The Senate Special Committee on Aging yesterday held a hearing with state regulators, members of the life insurance industry and representatives from the life settlements business to discuss regulation of the life settlements market...

Investment News: Insurance industry players, regulators meet to discuss life settlement
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