Chubb
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When it comes to sympathetic juries, high net worth individuals are under the same pressure as corporations.
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The January wildfires did little to hamper their appetite, apart from California.
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The transition will be implemented starting October 15.
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The broader legislation narrowly passed the Senate and now heads to the House.
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Jim Williamson said litigation funding had evolved into an investment class.
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Major insurance industry groups and companies have recently pressed lawmakers to include the provision.
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Marsh McLennan CEO Doyle dubbed legal system abuse a "tax” on US economy.
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Chubb told insurers to look inward in the fight against LitFin, but insurers are also tied to that industry.
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The panel aimed to highlight “synergies” between insurance and litigation finance.
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The executive replaces Mike Warwicker, who left the firm earlier this year.
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Burford’s CEO said Chubb is inappropriately using its corporate power.
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Philip Enan joins following 11 years at Chubb.