UK Insurers Warned of U.S.-Style Legal Risks in Call for Litigation Funding Reform
Lloyd’s Market Association pushes for regulation, citing Florida-style tort crises and rising conflicts of interest.
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Banks Price In Risk Following FEMA Flood Map Changes
A new study shows that when FEMA’s 2016 flood map revisions removed thousands of New Orleans homes from high-risk zones, banks quickly raised mortgage rates and down-payment requirements to compensate for the sudden loss of mandatory flood insurance.
