Life Settlement Solutions Inc. has received a life settlement provider license from Colorado insurance regulators.

Life Settlement Solutions, San Diego, has been doing business in Colorado since 2003, but the state provider licensing law did not take effect until Jan. 1, 2006.

Colorado permitted established providers to continue to operate while going through the new licensing process, Life Settlement Solutions says.

Life Settlement Solutions believes it is one of the first providers licensed in Colorado, the company says.