The commercial litigation finance industry saw a drop in new funding, reshuffling of professionals, and key exits, Westfleet Advisors reports

With corporate spending on class action lawsuits hitting $4 billion in 2023, labor and employment-related claims emerge as primary drivers of these cases, according to a Carlton Fields.

United Educators’ 2023 report reveals escalating financial risks in education due to rising liability claims, emphasizing the need for robust risk management.

Speaker JD Keister outlines the liability traps set by time-limit demands, and what attorneys and claims professionals can do to minimize their exposure.  

Technology is disrupting the claims and litigation management environment in exciting ways.

In the case of Federated Insurance Co. v. Summit Pharmacy, the Pennsylvania Commonwealth Court challenged the state’s method of calculating pharmaceutical costs in workers’ compensation cases.  

Three chemical giants have settled an Ohio PFAS lawsuit for $110 million, hinting at the scope of the industry’s legal challenges.

A look at the latest legal filings and their potential impact on the insurance industry.

From shifts in drug costs to state-based workers’ comp system restructuring efforts, these are the trends workers’ comp professionals need to make sure they’re paying attention to. 

American Airlines faces uniform backlash, employment discrimination claims reach settlement at Apple and more in this edition of Legal Roundup.

A coffee spill lands Dunkin’ in hot water, a potential class action against Publix highlights the issue of wage theft, and more stories of legal filings likely to impact the insurance and risk management sector.

The Institutes’ latest affiliation promises to introduce the skills and experience of insurance accounting and systems administration professionals to a much wider audience.

The latest legal filings likely to impact the insurance industry today.

The latest legal filings likely to have an impact on the insurance industry today. 

Grocery chain Kroger will allocate up to $1.4 billion over 11 years to settle litigation concerning its role in the opioid epidemic.

The SEC will soon tighten the deadline to disclose material data breaches, applying more pressure and scrutiny to organizations and their boards.

After fatal wildfires were extinguished in Maui, the county sued Hawaiian Electric Company for negligence.

A fire at a Houston-area refinery has led the State of Texas to sue Shell for pollution in an unresolved case that highlights the importance of environmental safety.

In 2017, Merck & Co., a New Jersey-based multinational pharmaceutical company, fell victim to the NotPetya malware attack, resulting in damages exceeding $1.4 billion and affecting more than 40,000 of its computers.  

Upon extensive review and a look at the Biometric Information Policy Act, the court determined that every time biometric data is collected and transmitted accounts as a claim.