Insurance industry, allies urge US Congress to close LitFin tax ‘loophole’
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Insurance industry, allies urge US Congress to close LitFin tax ‘loophole’

Marsh McLennan CEO Doyle dubbed legal system abuse a "tax” on US economy.

By Clark Mindock Adam McNestrie
June 13, 2025
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US Congress - Capitol building at Capitol Hill in Washington DC- sunny spring day and clear blue sky

A coalition of major insurers, brokers and other businesses have banded together to encourage Congressional Republicans to continue pushing for federal tort reforms that would close a litigation finance tax “loophole,” according to a letter seen by Insurance Insider...

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Topics

News Casualty/GL Regulation Re/insurers North America Marsh McLennan Chubb Liberty Mutual Legal
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