Scales of justice sculpture on desk with gavel

How Data Innovations can Help Insurer Litigation Exposure

Litigation is a BIG deal for Insurers. Carrier Management reported in June the 2023 the Insurance Litigation Report released by Lex Machina revealed insurance cases increased over the last three years with 18,912 insurance cases litigated in federal courts in 2022, a 30% increase over the prior year, while P&C Specialist reported a study of 34 personal lines carriers revealed that legal expenses surged an average of 56% between 2019 and 2022.