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Updated Q2 data comparing Covid 19 Business Interruption Litigation to Earlier Nat Cat litigation

Author: Sean Bissey Date: 07.10.20

Updated Q2 data comparing Covid 19 Business Interruption Litigation to Earlier Nat Cat litigation

Now that we have the full Q2 case filings from Lex Machina, I updated the chart I posted on June 26, which shows the business interruption insurance coverage cases filed in federal courts since 2009 (the first year for which Lex Machina has the full set of cases filed in federal court).  The difference between the Covid-19 case filings and the earlier Nat Cat filings is now even more stark. The Covid-19 bump is five times the fiver year trailing average, and the excess over the average for the Covid-19 filings is over twice the total of the excess filings during the quarters dominated by the earlier Nat Cat filings.