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Risk Management

Litigation cost protection insurance policy available

Joyce Famakinwa

June 28, 2016 Reprints

Risk Management Emerging Risks General liability More + Less -

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.

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