The key life settlement association known as LISA (Life Insurance Settlement Association) has released a report for the year 2009. The report describes 2009 as a “landmark” year due to Federal and State regulation. 24 new laws were passed in 21 states for the year sweeping the country. Two huge markets opened to the settlement industry, California and New York. This life settlement association sees this as good news because life settlements continue to hold its place in the financial market as a legitimate option.
Although the growth and regulation is a positive, the life settlement association or LISA sees the industry becoming more complex with time. A 2010 conference is scheduled to address the newly shaped and growing industry.
The conference is said to gather the leading experts and legal minds in the industry to discuss the future of life settlements.
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