|
By Trevor Thomas - The inevitable impact of increased state regulation of life insurance settlements will be a shakeout in the industry, says Alan Buerger, CEO of Coventry First L.L.C., Fort Washington, Pa.
Compliance is expensive, Buerger points out. "We have eight people in compliance," he says. "A lot of companies cannot afford that."
With most states regulating the life insurance settlement market, 85% of the U.S. population now lives in regulated states, Buerger points out.
…
|
|
