"With the pandemic, we've seen a groundswell of new litigation, and even those companies who have not yet faced a COVID-19 class action have considered or adopted new business practices in an attempt to address related issues and minimize risk," said Julianna Thomas McCabe, of Carlton Fields. (Credit: Arthimedes/Shutterstock)

Class action lawsuits reached a fever pitch during the past year, with insurance coverage cases involving business interruption (BI) accounting for 21% of COVID-19-related litigation, according to Carlton Fields' Class Action Survey. During 2020, spending on class action litigation grew at a rate more than double that of other litigation spending, reaching a record $2.9 billion.

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Steve Hallo

Steve Hallo is managing editor of PropertyCasualty360.com. He can be reached at [email protected]

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