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Chubb told insurers to look inward in the fight against LitFin, but insurers are also tied to that industry. -
The documents figure in a potential criminal case against a CCB employee.
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The regulator said further measures could still be passed in this session.
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The panel aimed to highlight “synergies” between insurance and litigation finance.
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Companies often purchase policies with limits far exceeding their actual exposure needs.
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One measure could give regulators greater leeway to deny rate requests.
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Florida’s top regulator says he’s eyeing eventual tweaks to the state’s cat fund, too.
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Burford’s CEO said Chubb is inappropriately using its corporate power.
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The settlement requires Dellwood’s Price to write an apology to Peter Zaffino.
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The two parties seek to delay a judge’s summary judgment order.
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Previous complaints alleged their involvement, but this is the first time a complaint has identified the alleged funders.
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Litigation funding is a frequent bogeyman for the insurance industry. The feeling isn’t mutual.
