LegalNet Celebrates 30 Years of Innovation

LegalNet Inc Turns 30

LegalNet Inc, a leading litigation cost management company, celebrates 30 years of innovation in the world of legal metrics. While the business objective may seem straightforward – helping clients organize and analyze their legal metrics – navigating this unique market has been anything but. In 30 years, the economy, technology, and industry have changed drastically. … Read more

How To Prevent Litigation in the 21st Century

by Chris Curl, President – CECGroup-LLC  I’ve been writing a lot about how to reduce legal spend in the 21st Century (see series regarding Litigation Management Revolution), but the actual no-brainer is to prevent litigation in the first place.  Insurance claims-related litigation is a waste of time, resources, and money.  Getting there is tougher. After … Read more

Open Campuses Will Spark New Litigation – Here’s the Potential Impact for Three Lines of Insurance

Since the new school year began in late August, colleges and universities across the country have been reporting outbreaks of COVID-19, at times forcing the schools to pivot back to online instruction, send students home, and nix live attendance of events like football games. According to a recent report by CNN, 36 colleges have reported … Read more

Product Fraud is Surging During the Pandemic. How Are Insurance Companies Dealing With Liability Determinations?

Every crisis presents an opportunity for bad actors to commit fraud. Covid-19 scams have cost Americans a total of $13.4 million since the beginning of the year, according to the Federal Trade Commission. Fraudulent or mis-advertised products constitute one major category of these scams. It’s likely that plaintiff’s attorneys will take advantage of the fraud surge … Read more

States Seek to Compel Business Interruption Coverage in the Wake of COVID-19. What Does This Mean for Insurers?

At least seven states are considering legislation that would force insurers to pay business interruption claims related to COVID-19, even where policies specifically exclude coverage for losses stemming from the spread of communicable disease. Though the proposed bills vary slightly, most seek to retroactively compel coverage for losses incurred since declarations of emergency were issued … Read more

3 Types of COVID-Related Litigation, and How Employers Can Protect Themselves

With the numbers of new infections at or close to peak levels around the globe, it’s possible that the COVID-19 pandemic may soon begin to subside. But the proverbial light at the end of the tunnel may be dimmed by scores of employment-related lawsuits likely to arise from the event. At the end of the … Read more

Employers: Here Are Two Litigation Trends to Watch in 2020, and How to Stay Out of Trouble

Global legal firm Seyfarth Shaw LLP released in January its 16th Annual Workplace Class Action Litigation Report, detailing key trends of 2019 and what employers can expect to see in 2020. The report does have a few nuggets of good news — namely that government-enforced litigation is dropping off slightly under a more business-friendly administration. … Read more

What’s In Store for Workers’ Compensation and Insurance in 2020? Industry Experts Weigh In

With a new year upon us, it’s important to take a moment from our daily grind to see where we’ve been and where we may be heading. In 2019, we saw a big focus on opioids, cyber risks, political uncertainties, technology, and severe natural disasters. Although each topic was vastly different, these nationwide issues all … Read more

Insurtech Marks Itself As a Popular Industry for Investors

Insurtech Gains Popularity with Investors, as reported by LegalNet Inc.

If you love watching Shark Tank or keeping up with the latest news in the funding world, you probably already know that insurance products, or insurtech, are rarely the ones making headlines. For the past decade, founders have been focused on disrupting industries like rideshare, food, and hospitality. But, insurance? How on earth do you disrupt … Read more

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