The task set before a Judicial Panel on Multidistrict Litigation, over whether to consolidate hundreds of lawsuits filed against insurers who have denied their policyholders’ business interruption claims, is being described as a “nightmare”.
The Judicial Panel on Multidistrict Litigation (JPML) had several questions on Thursday for attorneys representing policyholders and insurance carriers over whether COVID-19 business interruption claims currently pending in federal courts across the country should be centralized or resolved case by case.
Underwriters from Lloyd’s of London have asked a New York federal court to send a COVID-19 coverage suit brought by two pizza companies to Florida, claiming the companies have engaged in forum shopping. Read more
The Houston Rockets and its venue the Toyota Center have filed a lawsuit seeking business interruption coverage for losses related to COVID-19 shutdown orders. Both the team and the venue say their insurer wrongly denied a recently filed claim. Read more
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