Legal Finance Is Underutilized In The Insurance Field

By Andrew Lundberg (January 18, 2019, 4:32 PM EST) -- Data breaches. Storm surge. Earth movement. Wildfires. The opioid crisis. The loss and liability environment expands and changes continually, and insurance coverage disputes — as well as subrogation claims by paying insurers — invariably follow. As insurers and policyholders tackle those resulting coverage and subrogation issues, even the most sophisticated insurance lawyers, risk managers and insurers often fail to appreciate how another recent development in the legal landscape — litigation finance — can be an important part of achieving the optimal resolution....

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