(Bloomberg) -- Coventry First LLC lost a bid to dismiss racketeering claims brought by a unit of American International Group Inc. in a dispute over the purchase of life insurance policies.

In the life settlement business, policyholders can get cash up front for their insurance, with the buyer collecting the death benefit when the seller passes away.

Register or login for access to this item and much more

All Digital Insurance content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access