The Insurance Department of the state of California has posted the list on its website of the life settlement providers allowed to transact in the state.  The list comprises two categories, companies previously licensed and those that are grandfathered pending the outcome of a license application review.  Among the companies listed are industry leaders, including Q Capital Strategies, LLC.  The links to the listings are below:

Companies previously licensed

Companies authorized/grandfathered while license application is pending

The lists are continually updated, so it is worth checking back regularly to ensure that the company you are working with is properly licensed.

Q Capital Strategies’ President and CEO, Steven Shapiro, will be speaking on a panel at Deal Flow Media’s Life Settlement Conference in Las Vegas on October 5th.  Mr. Shapiro will speaking on the topic titled “Competing Opportunities & Tradeoffs: Distressed Portfolios vs. Primary Origination.”  The panel will discuss the issues related to purchasing portfolios of policies, the related risks in such transactions, and comparing such transactions to primary purchases in the marketplace.  “I think this is an extremely pertinent topic in today’s marketplace,” said Shapiro, “we are seeing new potential investors exploring both opportunities in the marketplace.  These investors need to understand the benefits and challenges inherent in both options.”  The Life Settlement Conference runs from October 4-5, 2010 at the Wynn Resort in Las Vegas.  More than 250 attendees are expected to turn out and learn about the latest trends in the life settlement marketplace.