Litigation
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A pandemic reprieve has given way to mounting concern about mammoth jury awards. -
Brazil is a country famous for its biodiversity. These days, one can even find a really rare species there: insurance underwriters that must fight tooth and nail for a clients’ business.
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As the costs of legal liability in the US soar, there are increasing concerns of the impact third-party litigation finance (TPLF) might have on insurers and consumers and this had led to action being taken towards mitigating the effects of social inflation.
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Covid roiled the directors and officers insurance industry, accelerating the emergence of new risks in what was already a hardening market. ESG and SPAC IPO-related litigation have also seen a spike.
