Insurance Information Institute announces that Florida will target transparency in third-party litigation funding

The Insurance Information Institute (III) announced that Florida lawmakers plan to revisit transparency requirements for third-party litigation funding (TPLF) in an email sent on January 23. According to the email, Florida’s 2022 and 2023 tort reforms have reduced property insurance lawsuits, stabilized rates, and improved insurer loss ratios. These changes are expected to lead…