Is Third-Party Litigation Funding Contributing to Social Inflation?

Placing You First Insurance Podcast by CRC Group

English - April 21, 2022 19:00 - 11 minutes - 15.4 MB - ★★★★★ - 27 ratings
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Over the last decade, third-party litigation funding (TPLF) has evolved into a $17 billion industry worldwide, and 52% of that money is being spent in the U.S., making TPLF a key contributor to social inflation, hiking up jury awards and claim settlements that may have a significant impact on insurance prices and coverage availability.

What is it? How does it work? What effect is it having on pricing? Where do we go from here?

Featuring:

Bob Greenebaum is an Executive Vice President, Central Region Director, and Casualty Practice Leader located in CRC Group’s Chicago, Illinois office.

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