Litigation Funding and Social Inflation: What’s the Connection?

 Wednesday, July 21, 2021

 Insurance Information Institute

Litigation funding – in which third parties assume all or part of the cost of a lawsuit exchange for an agreed-upon percentage of the settlement – is often cited as contributing to social inflation.

But, like so much else associated with social inflation, it’s unclear how widespread the practice is.

With historical roots in Australia and the United Kingdom, funding of lawsuits by investors has taken hold in the United States in recent years.

On the positive side, it can let plaintiffs employ experts to develop effective strategies – options once only available to large corporate defendants.

But it also can contribute to cases making it to court based more on investor expectations than on plaintiffs’ best interests.
Litigation
BROWSE RELATED NEWS ARTICLES

Litigation Funding and Social Inflation

 Friday, July 16, 2021

 Insurance Information Institute

Personal Connections Via Social Media

 Wednesday, February 10, 2021

 Insurance Thought Leadership

Litigation Funding And Social Inflation

 Monday, January 4, 2021

 Canadian Underwriter

Adjusting For Social Inflation In Litigation

 Wednesday, December 30, 2020

 The CLM

Opinion: Why The Industry Is Wrong About Litigation Funding

 Monday, November 16, 2020

 Canadian Underwriter

How Analytics Can Tame ‘Social Inflation’

 Thursday, October 8, 2020

 Insurance Thought Leadership