legal expenses News

Penn State Abuse Scandal Costs Approach a Quarter-Billion

Penn State’s costs related to the Jerry Sandusky scandal are approaching a quarter-billion dollars and growing, five years after the former assistant football coach’s arrest on child molestation charges. The scandal’s overall cost to the school has reached at least …

Alteris Acquires Sonoma Risk, Contract Litigation Insurance Program

Alteris Inc., a wholly-owned subsidiary of Argo Group International Holdings, Ltd. has acquired Sonoma Risk Insurance Agency, a litigation products provider and the first agency in the U.S. providing contract litigation insurance (CLI). Sonoma Risk Insurance Agency is based in …

Arc Legal Launches e-Underwriting Legal Expense Plan for Families, Landlords

London-based Arc Legal Assistance announced the launch of “two legal expenses schemes for e-Underwriting, the new division of OIM Underwriting Limited, to provide cover as part of its household and property owners portfolios.” Arc Legal said its “Family Legal Protection …

UK’s Legal Expense Insurers Say Referral Fees Cause for Claims Increase

The UK’s Legal Expenses Insurance Group (LEIG) has taken issue with claims that the rise in lawsuits over automobile accidents are responsible for the car insurance rate rises. The Group, which was formed in April 2006 by a number of …