Actions and insights
So-called “nuclear verdicts” against corporations, defined as awards exceeding $10 million, are growing bigger and more frequent. Often, insurance companies have to pick up the cost. A Marathon Strategies report shows there were 135 nuclear verdicts in …
Litigation Financing ̶ SB 1534 by Senator Jay Collins (R-Tampa) picks up where past efforts in recent sessions made no progress in regulating third-party funding of lawsuits against businesses, including insurance companies. This bill is dead having never received an …
Tackling third-party funding, Strems
Florida’s ranking as first in the country in the number of property insurance lawsuits has now expanded to the top spot in overall litigation. A new report shows how bad it is, even as new efforts …
Florida Supreme Court workgroup weighs-in
There’s general agreement that excessive litigation and contractor fraud have been driving factors in Florida’s property insurance market peril. State insurance regulators, the Florida Supreme Court, and the Insurance Information Institute have attempted to get …
Is it legal? Is it right?
While the Florida Legislature considers regulating litigation finance companies, the U.S. Justice Department is likewise taking a look at the role those financiers may be playing in federal whistleblower cases. It could lead to …
Additional rules on third-party litigation funding include
Readers often find interest in what other state legislatures are thinking. We closely followed the state of Georgia that just concluded its 2026 session in early April and the most significant bill that …
Role of third-party litigation on insurance costs
New insights and perspectives on Florida’s property insurance reforms and what lies ahead in this new year, how Florida’s lessons on auto insurance are being applied in New York, Alabama has just quantified …
Triple-I: Link between attorney advertising, rising insurance costs
There’s further – some might say ultimate – proof that the Florida Legislature’s property insurance consumer reforms of 2022-2023 are having their desired effect in reducing costly, often frivolous lawsuits against insurance …
Plus, new rules on pet insurance; Georgia tort reform
A new survey shows Floridians are “connecting the dots” between damaging hurricanes and insurance premiums, the costs of catastrophes doubled in the first quarter of 2025 with hurricane season next on …