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More States Approve Wentworth Licenses

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J.G. Wentworth Inc. today announced that 22 states have granted life-settlement provider licenses to its dedicated life settlements subsidiaries.

Wentworth, Bryn Mawr, Pa., says it has applied for licenses in 5 other states that require life-settlement providers to be accredited. Twenty-three states and the District of Columbia currently do not require providers to be licensed to conduct life settlement business, the company notes.