by California Settlements | Mar 26, 2020 | Latest News
The Life Insurance Settlement Association (LISA), American’s largest and oldest organization that represents companies in the life settlement industry, has endorsed the bipartisan bill. The legislation was introduced by Florida Republican Representative, Gregory...
by California Settlements | Mar 26, 2020 | Latest News
Why Does the Life Insurance Industry Have a PERFECT Record? Reinsurance As stated in our “PERFECT Record” edition of Latest News, “The McCarran Ferguson Act was passed by Congress in 1945 to return insurance regulation to the states. Individual state insurance...
by California Settlements | Mar 26, 2020 | Latest News
Why Does the Life Insurance Industry Have a PERFECT Record? Heavy Audits and Ratings. As stated in our “PERFECT Record” edition of Latest News, “Life insurance companies are heavily audited and rated on their claims paying ability.” The National Association of...
by California Settlements | Mar 26, 2020 | Latest News
Why Does the Life Insurance Industry Have a PERFECT Record? As stated in our last edition of Latest News, “Most life insurance companies have huge surpluses, and many have been paying claims for more than a hundred years.” In mutual companies owned by policyholders,...
by California Settlements | Mar 26, 2020 | Latest News
Why Does the Life Insurance Industry Have a PERFECT Record? An alternate question: Why doesn’t every industry have a PERFECT record? Because it’s nearly impossible. Look at it this way. The LSU Tigers just finished a perfect 15-win season to win the College Football...
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