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Insurance Industry Trade Associations Plan to Lobby for Mitigation of Third-Party Litigation Funding in 2025

As the insurance industry continues to navigate the complexities of the modern legal landscape, trade associations are gearing up to make a significant push in 2025 to mitigate the impact of third-party litigation funding (TPLF). This funding mechanism, which involves external investors financing litigation in exchange for a share of the proceeds, has been a growing concern for insurers due to its potential to drive up litigation costs and distort the legal system. [February 2025, 533 word article]


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