APCIA Supports Federal Bills Targeting Legal System Abuse to Reduce Insurance Costs
APCIA endorses federal bills addressing legal system abuses and third-party litigation funding to curb rising insurance costs and promote market innovation.
Litigation Funding Raises Premiums, Alters Liability Insurance Market Dynamics
Third-party litigation funding drives higher premium costs and reduced liability insurance availability, impacting underwriting and claims trends in commercial auto, umbrella, and product liability lines.