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.