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The highest spiritual values of life can originate from the thought and study of death." - ' Elisabeth Kubler-Ross To be honest, until ... Push to Amend NAIC Viatical Settlement Model AdvancesLife settlement transactions would be barred within five years after the issuance of a policy under a proposed amendment to the National Association of Insurance Commissioners' model law on viatical ... Legislative Record... The Senate will reconvene at 5 p.m. today. House Bills introduced H.B. 538 (Stone): Would amend the current Viatical Settlement Model Act to include life settlements. To Economic Development/Banking & Insurance. H.B. 541 (Ulbrich): Creates a ... Life Settlement Solutions, Inc. Issues Statement Opposing...... seeks to eliminate valuable financial resources, denying New York consumers the right to re-sell their unneeded life insurance policies for cash. Every year, the life-settlement industry purchases billions of dollars in life insurance assets from ... 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