Third-party Litigation Funding (TPLF)
The Highway Accident Fairness Act of 2023 (H.R. 2936) is introduced into Congress – bill prohibits staged accidents with commercial vehicles and includes TPLF disclosure provisions
In general, H.R. 2936 would amend title 49, United States Code, to “prohibit staged collisions with commercial motor vehicles, and for other purposes.”
Florida (and other states) take aim at regulating Third-Party Litigation Funding
With the state legislative season in full-swing, Florida, along with several other states, has introduced legislation focused on regulating (TPLF).
TPLF disclosure proposals are introduced in Kansas, Mississippi, and Montana state legislatures
Third-party litigation funding (TPLF) issues will continue to present challenges on several fronts in the new year.
Illinois enacts the “Consumer Legal Funding Act” -- new law regulates various aspects of third-party litigation funding practices
In a significant development on the TPLF front, on May 27, 2022, Illinois Governor J.B. Pritzker (D) signed into law the Consumer Legal Funding Act.
Delaware’s State Senate passes concurrent resolution encouraging the Delaware Judiciary to study possible third-party litigation funding (TPLF) disclosure rules
In an interesting development to watch, on June 28, 2022, the Delaware State Senate passed Delaware Senate Concurrent Resolution No. 127.
Claims commitment: Empowering insurers on the innovation journey
The insurance industry has experienced tremendous change in the past few years.
Third-party litigation funding in 2022 -- three issues for your radar
Third-party litigation funding is an issue that certainly warrants monitoring in 2022.
Federal rules committee recommends no immediate action for third-party funding disclosure rulemaking at recent meeting
Federal rules committee recommends no immediate action for TPF disclosure rulemaking at recent meeting