Tuesday, October 27, 2020
According to this article from Bloomberg news, COVID-related insurance cases are begin sent to multi-district panels for resolution. One case features companies that insure against ski-vacation cancellation. The plaintiffs in these cases purchased optional cancellation insurance when they bought their ski passes. When resorts closed due to COVID, the insurers refused to pay claims. The seven-judge Judicial Panel on Multidistrict Litigation (JPML) consolidated such claims, finding that they involve common factual questions. The JPML also consolidated thirty actions against Society Insurance company, which is denying business interruption claims brought by restaurants and other businesses hit hard by the pandemic.