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COVID-19 BI Insurance Litigation – One Year Later - Vimarsana News

COVID-19 BI Insurance Litigation – One Year Later

Friday, April 23, 2021 As we have written here previously, businesses across the country have brought lawsuits against their insurers seeking coverage for losses related to COVID-19. According to the COVID Coverage Litigation Tracker at the University of Pennsylvania Carey Law School, over 1,500 suits have been filed since March 2020 in state and federal court. Some interesting statistics based on that information: Over one third of the cases have been filed by food services establishments. Almost one quarter of the cases were brought as class actions. Approximately one third of ...

Taking Your Foot Off The Gas Too Early Could Lead To COVID-19 Workplace Safety Lawsuits | Fisher Phillips - Vimarsana News

Taking Your Foot Off The Gas Too Early Could Lead To COVID-19 Workplace Safety Lawsuits | Fisher Phillips

To embed, copy and paste the code into your website or blog: The recent stages of the coronavirus pandemic have been a rollercoaster, with many twists and turns along the way. One week brings promising news of decreased community spread, and the next week concerns of new variants and local “surges” dominate the headlines. With the number of vaccinations trending up and positivity rates trending down in some states, there is reason for optimism. However, even with this increased optimism, employers can ill afford to coast through the rest of the pandemic when it comes to workplace safety m...

Examining COVID-19-Related Insurance Litigation Trends - Vimarsana News

Examining COVID-19-Related Insurance Litigation Trends

Shares1 Almost 1,500 lawsuits have been filed by policyholders against insurers, seeking to resolve disputes around insurance coverage for COVID-19-related business losses. For those unfamiliar with insurance litigation trends, it’s important to put the scale of this into perspective. The average hurricane will result in about 50 to 100 cases being filed in the first year; from April till August 2020 we saw the same quantity of cases being filed each week for COVID-19-related losses. So far, rulings have been made overwhelming in the favor of insurers, at a rate of approximately 75%. Howev...

A New Year's Nightmare: COVID-19 Litigation Piling Up - Vimarsana News

A New Year's Nightmare: COVID-19 Litigation Piling Up

A New Year’s Nightmare: COVID-19 Litigation Piling Up Illustration by Tim Peacock More than 1,000 lawsuits across industries have been filed against insurance firms over pandemic claims as Hollywood’s largest companies take a "wait and see" approach on who prevails in court. "Unprecedented" has become a buzzword amid the pandemic, but when it comes to the financial fallout from business interruptions and the resulting landscape of lawsuits against insurance companies that are denying claims, there truly has never been a fight of this scale. The 1970s brought a wave of business interruptio...

What Employers Need To Know About Latest Federal COVID-19 Stimulus Package | Fisher Phillips - Vimarsana News

What Employers Need To Know About Latest Federal COVID-19 Stimulus Package | Fisher Phillips

To embed, copy and paste the code into your website or blog: Federal lawmakers agreed to a second round of stimulus legislation late last night, sending a nearly 6,000-page bill to President Trump for his expected signature. The proposal allocates $900 billion in economic relief to businesses and workers across the country. Of the many provisions tucked within the mammoth bill are several key provisions of interest to employers. Specifically, the proposal continues the popular small business loan program, provides new options for unemployed workers, extends tax credits for continued paid sick...