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Quiz question: Settlement providers doing business in New York

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The question was: How many life settlement providers have received the okay from the New York Insurance Department to do business under New York’s new life settlement law?

a) Five
b) Thirteen
c) Twenty-seven
d) Thirty-three
e) Thirty-nine

The answer is: d) Thirty-three life settlement providers can currently transact life settlement business in the state of New York. That was as of June 8, 2010. The New York Insurance Department has posted the full list of approved providers on its website. Read more: New York lists approved settlement firms


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