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Head said: “LISA will continue to lead national efforts to adopt state laws to regulate the life settlement market and address concerns about stranger-originated life insurance (STOLI).” In 2009 as many as 20 states are expected to consider life settlement/anti-STOLI legislation. LISA supports legislation based on the National Conference of Insurance Legislators (NCOIL) life settlement model act and, Head noted, “life insurers supported such NCOIL-based legislation in numerous states in 2008, including in California, New York, Kansas, Connecticut and Kansas, and several others.”

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