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Criterica Intelligence publishes For Funders underwriting guides and the first quarterly market briefs.

Criterica Intelligence launches a library of underwriting guides written for litigation funders and a set of quarterly outcomes briefs covering the verticals Criterica serves — from case-selection criteria that differ by practice area to what drove outcomes across each market through the third quarter of 2026, with a stated view on what to watch next quarter.

September 2026

Criterica Intelligence's For Funders library is a set of underwriting guides written specifically for the litigation finance audience: practitioners deciding what to fund, how to structure it, and how to monitor it once capital is deployed. Rather than a single generic treatment of "how litigation funding underwriting works," the library treats underwriting as a practice-area-specific discipline — what clears diligence in commercial litigation is a different question, with different variables, than what clears diligence in mass tort, personal injury, or employment litigation, and the guides are organized to reflect that rather than flatten it into one framework.

The library covers the full underwriting lifecycle a funder actually manages: case selection by vertical, duration structure and how it interacts with fund-level IRR, portfolio construction and concentration risk, monitoring once capital is deployed, and the recurring failure modes that show up across funds regardless of strategy. Each guide is written to stand alone — a funder looking specifically for how employment litigation underwriting differs from commercial litigation underwriting can go directly to that comparison without reading the full set — while sharing a consistent analytical standard across the library.

Alongside the guide library, Criterica Intelligence is now publishing quarterly market briefs — one per vertical Criterica covers, from litigation finance and commercial disputes through consumer legal, employment and workforce, healthcare, real estate and construction, and government and regulatory matters. Each brief covers three things: what actually drove outcomes in that market over the quarter, where the duration structure of its disputes created planning risk that a single-average estimate would have missed, and where conventional underwriting in that vertical tends to go wrong. Each brief closes with a small, named set of structural developments to watch in the following quarter — renewal cycles, disclosure seasons, budget cycles, and bellwether calendars specific to that market, not speculative forecasts of specific rulings or figures.

Both releases are built on the same principle that runs through every Criterica Intelligence publication: the value is in naming the specific mechanism that drives an outcome, not in restating a general truth about litigation finance that any market participant already knows. A guide or brief that only says "case selection matters" or "duration affects returns" tells an experienced underwriter nothing new. The For Funders library and the quarterly briefs are written to name the specific variable, the specific failure mode, and the specific structural feature of a given vertical that an underwriting team can actually act on.

The briefs are dated to the quarter they cover and will be updated on a quarterly cadence going forward, so that a fund tracking a given vertical over time can compare consecutive briefs rather than relying on a single point-in-time snapshot. Both the For Funders library and the market briefs are available now to any institutional visitor, with no access gate, at critericaintelligence.com.

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