Insurers warned TPLF could add $50B to industry costs

Insurers Warned Tplf Could Add B To Industry Costs

Insurers Warn: TPLF Could Spike Industry Costs by $50 Billion – Premiums in Peril Imagine your car insurance bill jumping 5% next year—not because of accidents, but because shadowy investors are bankrolling lawsuits against your provider. That’s the dire scenario U.S. insurers are painting as third-party litigation funding (TPLF) emerges as a hidden cost bomb. … Read more

Can AI help combat nuclear verdicts?

Can Ai Help Combat Nuclear Verdicts?

Can AI Help Combat Nuclear Verdicts? Nuclear verdicts—jury awards exceeding $10 million, often driven by punitive or non-economic damages—have surged in recent years, posing significant financial and reputational risks for businesses and insurers. Artificial Intelligence (AI) is increasingly being leveraged to combat these verdicts by enhancing litigation strategies, improving risk assessment, and optimizing defense tactics. … Read more