Archive for June, 2008

Strickland signs life-insurance settlement bill

Thursday, June 12th, 2008

Wednesday, June 11, 2008 - 5:24 PM EDT Business First of Columbus A measure that tightens state law governing the method of buying life insurance policies from consumers will take effect in September after garnering Gov. Ted Strickland's signature Wednesday. Strickland's OK was the final hurdle for H.B. 404, which amends the ...

Cash in on Your Life

Wednesday, June 11th, 2008

It's easier now to sell a life-insurance policy for immediate cash. But it's not always a good idea. By Kimberly Lankford From Kiplinger's Personal Finance magazine, July 2008 Kenneth Sahs, 71, faced a once-in-a-lifetime decision last year. His $500,000 convertible term life insurance policy would soon expire. Sahs could drop it and get ...

Standard & Poor’s Initiates Factual Stock Report Coverage on Life Partners Holdings, Inc.

Tuesday, June 10th, 2008

June 09, 2008 10:27 AM Eastern Daylight Time NEW YORK--(BUSINESS WIRE)--Standard & Poor’s announced today that it has commenced Factual Stock Report coverage on Life Partners Holdings, Inc. Life Partners Holdings, Inc. (NGM:LPHI) operates as a financial services company. Its subsidiary, Life Partners, Inc. (LPI), is the oldest and one of ...

TAPPED OUT Pinched Consumers Scramble for Cash

Monday, June 2nd, 2008

By ELEANOR LAISE The Wall Street Journal June 2, 2008; Page A1 After a long binge of borrowing, U.S. consumers face a credit crunch and a sagging economy. To sustain their living standards, many Americans are doing what comes naturally: scrambling to raise more cash. [Sheron Brunner] Sheron Brunner, 63 years old, bought a $250,000 ...