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Triple-I: New Research Suggest Link Between Litigation Funding, Attorney Ads

Insurance Journal

The Insurance Information Institute (Triple-I) … According to research from the American Tort Reform Association (ATRA), legal service providers spent more than $2.5 billion on 26.9 million ads in 2024 alonewith significant increases in television, radio and outdoor advertising since 2017.

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Study Stirs Debate on Real Impact of Litigation, Fraud on Property Insurance

Insurance Journal

An academic paper published in the Journal of Insurance Regulation seems to have rekindled the debate over how much of an impact litigation and fraud have had on property insurance losses and premiums, particularly in Florida. The paper, “The Case …

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Discoverability of Litigation Hold Notices and Steps to Implement a Litigation Hold

E-Discovery LLC

18, 2024), the court ordered production of litigation hold notices and implementation communications. Homeland Insurance sought a declaratory judgment that it had no duty to defend or indemnify Independent Health Association. A third-party defendant, Ace Insurance, sought a similar determination. Independent Health Ass’n.,

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The Insurance Industry Faces Rising AI-Litigation: Experts Urge Preparedness

Complex Discovery

Editor’s Note: As artificial intelligence (AI) continues to reshape the insurance industry, it brings a host of legal and regulatory challenges that professionals must navigate. This article delves into the imminent wave of regulatory scrutiny and potential litigation facing insurers as they adopt AI technologies.

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After Years of Losses, Florida Insurers Saw Underwriting Profits in 2024, AM Best Says

Insurance Journal

After eight years of losses, Florida’s personal property insurance market reported an underwriting profit and a considerable jump in operating income in 2024, the AM Best rating and analytics firm said in a report this week. The firm examined 45 …

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Did Florida House ‘Sneak’ Attorney Fee Wording Into Phosphate Mine Bill?

Insurance Journal

A late amendment to a phosphate mine bill has set off alarm bells among some in the Florida insurance industry, with concerns that it could cut out the heart of 2022 and 2023 legislative changes that disincentivized excessive claims litigation.

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People Moves: Bertoldi Joins Alliant to Lead Litigation Insurance Practice

Insurance Journal

Jason Bertoldi has joined Alliant Insurance Services, headquartered in Irvine, California, as global team leader, litigation and contingent risk insurance. Bertoldi assists clients in obtaining bespoke contingent risk insurance policies and structuring transactions that incorporate insurance policies as investment collateral.