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Socius Insurance Services Inc. on Tuesday said it has launched an insurance program designed for plaintiff attorneys and their clients.
The programs aims to protect against the loss of costs invested in various types of litigation, San Francisco-based Socius said in a statement.
The product reimburses cost disbursements in the event of a total loss at trial following a trial verdict.
Limits up to $100,000 are available, according to the statement.
In a victory for employers, the U.S. Supreme Court has unanimously held that a defendant in an Equal Employment Opportunity Commission case did not need to win a case based on its merits to be considered the “prevailing” party in the case and be awarded attorneys fees.
Employers score victory on defense costs in Supreme Court EEOC case
Supreme Court attorneys' fees ruling hits home with EEOC suits