Litigation funding, evolving legal systems and shifting public attitudes are driving liability claims to record levels, according to Swiss Re Institute.
As third-party litigation funding reshapes the American court system, consumers and businesses alike face mounting financial consequences, but reform efforts offer hope for change.
MSIG USA Head of Casualty Jayson Taylor breaks down what’s fueling liability severity and why litigation funding transparency should be the industry’s next priority.
Decision reinforces that original carriers remain liable for injury recurrences, illustrating how prior claim settlements can permanently bar future compensation when old injuries resurface.
Ruling upholds ‘prevalence’ framework, allowing workers’ compensation for employees who contracted virus in high-risk workplace settings without identifying exact moment of infection.
As regulatory shifts, rising verdicts and evolving technologies reshape liability risk, CorVel’s Candy Hammond shares insights on what businesses need to know now.
Optum President & CEO Matt Wolfe reveals how AI, modernized platforms, and mission-driven reform are reshaping the workers’ comp and auto no-fault landscape.
Justices clarify that subrogation liens apply only to ‘boardable’ damages, not entire underinsured motorist recoveries, requiring case-by-case analysis of award composition.
AI-driven businesses face rising litigation, regulatory scrutiny, and insurance challenges from misrepresentation, disclosure failures, and systemic risk.
Ruling establishes hearing injury occurred where employee had at least one year of hazardous exposure, regardless of final work location in another state.