State Farm And Allstate Hit By Insurance Litigation (Insurance Business America)

State Farm And Allstate Hit By Insurance Litigation

  Tuesday, July 19th, 2022 Source: Insurance Business America

Lex Machina has released its 2022 insurance litigation report, examining trends including case filings, venues, judges, law firms, parties, and damages across federal district and appellate courts from 2017 to 2021.

In 2021, 14,793 insurance cases were filed in federal district court ‑ the most case filings in a year recorded by Lex Machina, whose database goes back to 2009. This also represented a 47% increase in case filings over the last five years.

Among Lex Machina’s seven insurance case categories ‑ automobile, uninsured/underinsured motorist coverage (UM/UIM), homeowner’s, hurricane-related cases, business liability, business interruption, and life ‑ hurricane-related cases saw the largest increase between 2020 and 2021, though automobile and business liability insurance also saw significant growth during this period.

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