Companies Denied Business Interruption Insurance Claims Due to COVID-19 Outbreak Battle The Insurance Industry

Companies Denied Business Interruption Insurance Claims Due to COVID-19 Outbreak Battle The Insurance Industry

The Washington Post reports that as mandatory isolation orders have caused the shutdown of businesses across the nation, a multibillion-dollar deadlock has arisen between the nation’s leading insurers and the companies that purchase their business interruption insurance policies. The heated battle between the groups hinges on the question of whether insurance providers should have to pay claims to businesses that have shuttered as a result of the Coronavirus outbreak. [Read more…]

Largest Group of Class Actions Filed Over COVID-19 Outbreak Likely To Come From Employees

Largest Group of Class Actions Filed Over COVID-19 Outbreak Likely To Come From Employees

As economic uncertainty and unemployment concerns rise, lawyers in the class action bar are predicting the largest group of lawsuits to be filed over the Covid-19 outbreak will likely come from employees, over illegal conduct including denied wages, discrimination in layoffs, and unsafe working conditions, as well as potential labor antitrust cases relating to collusion by employers to suppress wages and improperly restrict employee mobility. As reported by Law.com (subscription), in the midst of massive economic disruption due to coronavirus-related shutdowns, the U.S. Labor Department has released new statistics that show nearly twenty-two million people applied for unemployment benefits during the past month. [Read more…]