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Insurance,
Civil Litigation

Jul. 8, 2025

Plaintiffs' bar fends off attacks on litigation financing

Efforts by insurers and tort reform groups to curb litigation financing in California have run aground -- for now. Two bills backed by powerful business interests failed to advance, while plaintiffs' attorneys rally around a competing proposal aimed at regulating the industry without cutting off vital support for cash-strapped clients.

Efforts by insurers and tort reform groups to curb litigation financing in California have run aground -- for now. Two bills backed by powerful business interests failed to advance, while plaintiffs' attorneys have rallied around a competing proposal aimed at regulating the industry without cutting off what they say is vital support for cash-strapped clients.

"Litigation financing levels the playing field, because defendants have unlimited resources," said Brian J. P...

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