Over the last several months, there have been numerous lawsuits filed across the country by policyholders seeking business interruption insurance coverage for losses they claim are resulting from the COVID-19 pandemic.
In the last month, the new trend has been to file many of these claims as class actions. Several of the nation’s top plaintiff-side class action law firms have filed class action lawsuits seeking coverage for nationwide classes of policyholders. These cases have been filed all over the country and against a wide range of property and casualty insurers. There is also a pending motion for the creation of a federal multidistrict litigation to send all these federal cases to one district.
In this podcast, Carlton Fields’ property and casualty and class action attorneys address:
- COVID-19-related potential insurance claims, including claims for property damage, business interruption, and others
- Potential issues with addressing COVID-19-related insurance coverage issues in the context of class actions
Since this podcast was given on April 27, 2020, the number of lawsuits filed has more than tripled. There are now over 200 lawsuits addressing business interruption insurance claims, nearly half of them are purported class actions.