Third-party litigation funding fuels surge in legal advertisements – Triple-I

The Insurance Information Institute (Triple-I) has released a new issues brief analyzing the rise in attorney advertising and the role of third-party litigation funding in shaping legal trends and insurance dynamics. The report suggests that the involvement of third-party litigation funders is “adding fuel to the big business of law fire” and potentially amplifying systemic challenges, particularly in how insurers model risk and calculate premiums.