Demotech to host New York summit on rising litigation costs

Litigation financing and tech-driven plaintiff strategies are forcing a reckoning for the insurance industry, prompting Demotech, Inc. to launch an inaugural conference in New York this November. The event aims to dissect how these emerging models impact settlement timelines and drive up costs for both insurers and their consumers.

Money Talk·August 25, 2026·reads: 500

Demotech to host New York summit on rising litigation costs

The one-day summit, scheduled for November 11, 2026, at the Union Club of The City of New York, will address the intersection of third-party financing and digital claims targeting. Demotech President Joseph Petrelli, who first identified these trends in a 2022 research project, plans to present findings on how these practices have fundamentally altered the insurance landscape since 2015.

Steve Acunto, publisher of Business Insurance, described the gathering as a necessary forum for claims professionals, actuaries, and legal counsel to navigate a sector increasingly influenced by artificial intelligence and aggressive litigation tactics. The sessions will provide a critical look at how these mechanisms reshape claims processes across various lines of business, offering a platform for industry leaders to weigh strategies against these evolving financial risks.