Can a More Unified Front Be Formed Against Legal System Abuse?
To tell the public what it spends on insurance—an amount largely affected by what it calls legal system abuse—Uber has started to provide information on ...
third party litigation funding News
New Federal Bill Seeks to Ensure Transparency in Litigation, Out Third Party-Financing
Legislators introduced a new bill that would require the disclosure of parties receiving payment in civil lawsuits. Congressman Darrell Issa, chairman of the House Judiciary Subcommittee on Courts, ...
Survey Finds Consumers See Link Between Attorney-Repped Claims and Higher Auto Insurance Costs
Drive along any stretch of highway and you'll see widespread advertising by billboard attorneys encouraging consumers to hire a lawyer to settle an auto accident claim. But this leads to higher costs ...
AM Best: Social Inflation Key Factor in Rise of Loss Severity
Loss severity for many U.S. casualty lines of insurance business has exceeded economic inflation over the past decade, indicating other factors are influencing claims costs for indemnity and expense ...