Market expansion triggers concerns over settlement delays and rising claim costs
The Insurance Information Institute (Triple-I) released a new issues brief analyzing the rise in attorney advertising and the role of third-party litigation funding (TPLF) in shaping legal trends and insurance dynamics.
The report highlights how these factors are contributing to increased litigation and influencing settlement timelines.
Citing data from the American Tort Reform Association (ATRA), Triple-I noted that legal service providers spent more t…