Insurance Carriers


Home | Who We Work With | Insurance Carriers

Insurance carriers and companies face a wide variety of issues when charged with using existing liability policies—such as D&O, E&O and EPL insurance—to cover class action litigation. Among them are expensive litigation, complex coverage issues, insufficient policy limits, exposure from excess carriers and an experience gap in handling complicated litigation, including class actions.

These issues become particularly prominent when trying to work within policy limits. Carriers often find themselves having to cover and defend class action and other types of litigation and settlements that exceed available financial limits.

Enter Risk Settlements, the leading provider of risk mitigation and consulting solutions to carriers with class action and other litigation claims. Our team of legal and insurance specialists are experienced in collaborating with carriers of liability policies to structure settlements that fully cover litigation liabilities within policy reserves.

For companies that are willing to take on the financial variability of litigation/settlement, Risk Settlements offers a consultative service. Risk Settlements works collaboratively with the carrier, company and legal counsel to create the optimal settlement structure to meet all financial and legal objectives.

For companies looking to mitigate the financial variability and uncertainty of class litigation/settlement, Risk Settlements also provides access to (a) Class Action Settlement Insurance (CASI)—an innovative tool that allows carriers to use existing policy reserves to fully transfer the risk to a different policy and insurer, and (b) Litigation Buyout Insurance (LBO) – provides companies with the ability to successfully ring-fence litigation exposure and transfer the full financial risk of class action, antitrust and non-class litigation. The result provides a known and certain financial outcome and full transfer of the risk.

Risk Settlements Can Help You

To arrange a confidential consultation, discuss your specific needs, or learn more about how we can meet your financial and business objectives, please email us, call us at (214) 570-3661 or click the Contact Us button on this page. We look forward to helping you solve any financial and legal uncertainty arising from existing or threatened litigation.

Massage Envy: Are All Vouchers Now Coupons Under CAFA?

The Ninth Circuit’s October 2021 McKinney-Drobnis v. Massage Envy Franchising decision might signal the death knell for voucher-based class action settlements that are not considered “coupon” settlements under CAFA. If this settlement cannot survive, it’s not clear...

Briseño v. Henderson: Can the Parties Salvage the Settlement?

The Ninth Circuit’s June 2021 decision in Briseño v. Henderson, which reversed and remanded a claims-made settlement involving the ConAgra-owned Wesson Oil’s use of a “100% natural” label, attracted attention for its colorful language, including pop culture references...

Litigation Buyout Insurance: How Does It Work?

In July 2021, Risk Settlements co-presented a PLI webinar on how litigation buyout insurance (LBO insurance) can help keep companies “deal ready.” Following up on that presentation, we thought a brief article detailing the nuts and bolts of litigation buyout insurance...

NAD Dispute Resolution Process: Secret Until It’s Not

by Ross Weiner I wrote a June 2021 article in Law360 describing how competitor advertising disputes brought to the National Adverting Division (NAD) are often a precursor to civil litigation.  But a recent decision out of the Northern District of California...

The 11th Circuit Tells Plaintiffs They Can’t ShoeHorn Insurance Coverage for a TCPA Claim

On June 1, 2021, the 11th Circuit stymied a certified class’s effort to force an insurance company to cover its insured’s TCPA settlement.  Horn v. Liberty Ins. Underwriters, Inc., 998 F.3d 1289 (11th Cir. 2021).  The court agreed with the district court’s...

TransUnion’s Unintended Consequence: More State Court Class Actions

It has been well documented that the Supreme Court’s June 25, 2021, opinion in TransUnion LLC v. Ramirez further limits the ability of plaintiffs to bring lawsuits in federal court based on technical statutory violations.  Indeed, to establish federal court...

Risk Settlements Can Help

Get in touch to get started discussing options.