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House Insurance Committee accepts substitute for HB 105 to register litigation funders, require post‑case disclosure to attorney general
Summary
The Ohio House Insurance Committee approved a substitute to House Bill 105 that would require consumer and commercial litigation funding companies to register with the attorney general and to notify the attorney general of any funding agreement within 14 days after settlement, judgment, or final order; the attorney general would publish redacted copies online.
The Ohio House Insurance Committee on Monday accepted a substitute to House Bill 105 that would create a statewide registration and disclosure framework for third‑party litigation funding companies.
Vice Chair Craig moved to accept Substitute 136_0706-7 as the committee substitute to House Bill 105. The committee approved the submission without objection.
The substitute, as explained by Vice Chair Craig, would require both consumer legal…
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