In recent years, the life settlement industry has experienced growth. A surge of attention in the public, business community and media at-large has accompanied this growth. Associations such as the National Association of Insurance Commissioners (NAIC) and National Conference of Insurance Legislators (NCOIL), among others, have provided extensive influence and guidance in the development of the laws that shape the industry. The expanding legal framework for life settlements poses a multitude of challenges and possibilities and as the industry grows and finds new form, consumer and business interests are discovering these possibilities and taking advantage of the benefits.
History of Life Settlement Regulation by U.S. states and territories