Florida Class Action Targets Litigation Funding Firm Over Data Breach April 25, 2025 By William Rabb Third-party litigation financing have become big business across the country, much to the chagrin of businesses and insurance companies that...
Mastercard’s £200 Million Settlement in Class Action Suit Gets Court Scrutiny February 19, 2025 By Upmanyu Trivedi Mastercard Inc. unfairly reduced a £10 billion ($12.6 billion) class action case to a settlement of just £200 million, according...
Quantifying Social Inflation: How Swiss Re Developed an Index December 11, 2024 By Susanne Sclafane Swiss Re Institute (SRI) made a significant contribution to the literature on social inflation and its impacts on insurers, reinsurers...
US Nuclear Verdicts Break Records and Drive Social Inflation to 7% in 2023: Report September 11, 2024 By L.S. Howard Nuclear verdicts in the United States are breaking records with 27 court cases each awarding compensation of more than US$100...
Banks Face Record Number of UK Lawsuits as Economy Stumbles July 8, 2024 By Upmanyu Trivedi Banks in the UK are embroiled in the highest number of lawsuits in a decade in a trend that shows...
Most Americans Want Legal Reforms Against Practices Like Litigation Funding: Survey March 6, 2024 By Chad Hemenway A majority of Americans are unaware of third-party litigation funding but most believe state and federal laws should be changed...
Florida Bills on Litigation Financing, Wind-Mit Program Moving Along February 9, 2024 By Insurance Journal Staff Reports Two pieces of legislation that could help reduce losses and litigation costs for insurance carriers are moving in the Florida...
Former MMA Attorney Suspended; Texas Judge Approves Temporary Restraining Order Against Law Firm January 3, 2024 By Jim Sams A former attorney for McClenny Moseley & Associates, who was accused of dishonesty while participating in his law firm’s filing...
Florida Injury Attorney Begins Prison Time for Defrauding Former Players in NFL Lawsuit November 29, 2023 By Insurance Journal Staff Reports A Florida injury attorney who led a class-action lawsuit on behalf of former NFL players, then defrauded his clients out...
Fortress Has Plowed $6 Billion Into Other Companies’ Lawsuits October 20, 2023 By Laura Benitez Fortress Investment Group LLC is pitching an investment opportunity within an increasingly popular yet controversial corner of finance — funding...