Litigation

Litigation finance is having a bad year.

The alleged fraud occurred from mid-2019 to 2023.

An insured had two policies insuring a vehicle at the time of an accident, but one insurer argued its policy had been terminated.

Earlier this year, a Florida city council approved an ordinance requiring owners of dangerous dogs to carry at least $500,000 of liability insurance.

The employer mailed a notice of intent to contest the claim just before the deadline, but it was not received until after the deadline.

PacifiCorp recently warned that it might need to borrow more money to cover legal judgments.