Credit Suisse To Sell Life Settlements In Fla., Puerto Rico

Credit Suisse Life Settlements LLC says it has obtained approval to sell life settlements in Florida and Puerto Rico.

Credit Suisse Life Settlements, New York, says it is one of a limited number of carriers licensed to sell the products in Florida, and that it is the first provider to obtain such a license in Puerto Rico.

The company, part of Credit Suisse Group, Zurich, now offers life settlements in 45 U.S. states and jurisdictions.