MDL Panel Denies Nationwide Centralization of COVID-19 Business Interruption Suits
The panel noted that although the policyholders had identified three common questions, the cases shared "only a superficial commonality."
September 07, 2020 at 05:34 PM
Thank you for sharing!
Your article was successfully shared with the contacts you provided.
The U.S. Judicial Panel on Multidistrict Litigation (the MDL panel) refused to consolidate more than 275 COVID-19 related business interruption cases, filed by policyholders against their insurers. The MDL panel issued an order denying an industry-wide consolidation but is considering centralizing litigation filed against four specific insurers, who cumulatively accounted for about 35 percent of the cases.
This premium content is locked for
FC&S Expert Coverage Interpretation subscribers.
Request a Free Trial today to enjoy unlimited access to the trusted solution for successful interpretation and analyses of complex insurance policies.
Trusted, quality content from industry experts with over 60 years insurance experience, combined
Customizable alerts of changes in relevant policies and trends
Search and navigate Q&As to find answers to your specific questions
Filter by article, discussion, analysis and more to find the exact information you’re looking for
Continually updated to bring you the latest reports, trending topics, and coverage analysis