Triple-I Blog | Reining in Third-Party Litigation Funding Gains Traction Nationwide – Go Health Pro

Triple-I Blog | Reining in Third-Party Litigation Funding Gains Traction Nationwide – Go Health Pro

A record number of bills targeting third-party litigation funding are under consideration across the United States, with Georgia and Kansas already passing disclosure measures, according to an analysis by Insurance Insider. The U.S. Government Accountability Office defines third-party litigation funding as “an arrangement in which a funder who is not a party to the lawsuit agrees to … Read more

Allstate to sell Group Health business to Nationwide  – Go Health Pro

Allstate to sell Group Health business to Nationwide  – Go Health Pro

NORTHBROOK, Ill., Jan. 30, 2025 – The Allstate Corporation (NYSE: ALL) announced a definitive agreement to sell its Group Health business to Nationwide for $1.25 billion in cash, adjusted for the closing balance sheet, and subject to standard closing conditions including regulatory approvals. For the first nine months of 2024, Group Health had revenues of … Read more