Stories by E. F. Cullerton on Federal Newswire


American Property Casualty Insurance Association VP: Third-party litigation funding ‘turns the judicial system into an investment market’

Bob Passmore, the vice president of auto and claims policy for the American Property Casualty Insurance Association (APCIA), stated in an August 9 statement to Federal Newswire that third-party litigation funding (TPLF) creates a larger volume of lawsuits and leads to outsized verdicts.