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RIMS to press lawmakers on litigation funding, foreign-backed suits - Business Insurance Skip to content Register for free Search Search Log In Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers Risk Management Cyber Risks Pricing Trends Mergers & Acquisitions Technology Sponsored Content WSIA RISKWORLD Workers Comp & Safety Workers Comp Cost Control Pain Management Workplace Safety International EMEA Asia-Pacific Latin America People Events BI Intelligence Top 100 Agents & Brokers Best Places to Work 2025 Lists Directories Insurance Pricing BI Stock Index Magazine Current Issue Past Issues Women to Watch ALL INsurance Resources Risk Perspectives Sponsored Content Webinars White Papers RIMS to press lawmakers on litigation funding, foreign-backed suits by Claire Wilkinson Catastrophes , Risk Management , Terrorism Feb 19, 2026 Greater transparency in third-party litigation funding and direct appeals to congressional leaders to curb foreign-backed lawsuits top the 2026 legislative agenda of the Risk & Insurance Management Society, the group said Thursday. The New York-based organization will press lawmakers on these and other issues during its Legislative Summit, scheduled for March 18-19 in Washington. Protecting organizations against nuclear verdicts and other legal exposure is quickly climbing to the top of most risk professionals’ priority lists, RIMS said. “Third-party litigation funding exacerbates legal exposures, enabling outside investors to finance plaintiffs’ lawsuits in return for a portion of any settlement or award,” the organization said. In other legislative priorities, RIMS will advocate for reauthorization of the Terrorism Risk Insurance Act, a federal backstop for insurance claims related to acts of terrorism, that is set to expire in December 2027. TRIA plays a critical role in ensuring the affordability and availability of insurance, the organization said. RIMS will also continue to call for the reauthorization of a long-term National Flood Insurance Program. Related News Westfield Specialty reports $1.93B in gross written premium February 19, 2026 Va. House passes bill to cover exacerbation of mental health conditions February 19, 2026 Private equity owners mull sale, IPO of cyber insurer CFC February 19, 2026 Sompo gets approval for $3.5B Aspen purchase February 19, 2026 Pinion Insurance Launched with $180M in funding February 19, 2026 Labor union sues Tesla factory manager as row grows February 19, 2026 Suncorp mulls additional reinsurance amid soft market February 19, 2026 Rule mandating 50% cessions to state insurer to be scrapped February 19, 2026 Insurers to launch free disaster coverage for small firms February 19, 2026 Facebook-f X-twitter Linkedin-in Business Insurance is a singular, authoritative news and information source for executives focused upon risk management, risk transfer and risk financing. Never miss important news: Become a Business Insurance Online subscriber today Subscribe Now Information About Us Contact Advertise Privacy Policy Terms & Conditions Copyright 2026. BUSINESS INSURANCE HOLDINGS Member, Beacon International Group, Ltd.
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