On June 15, 2023, Lex Machina hosted a webcast on the recently released Insurance Litigation Report 2023. The webcast featured Ron Porter (Lex Machina’s Legal Data Expert in Insurance Litigation) and Aria Nejad (Lex Machina’s in-house counsel).
During the webcast, panelists discussed the latest trends in insurance litigation over the last three years and offered insights on case filings, most active venues, judges, law firms, parties, timing metrics, case resolutions, findings, damages, and more. The webcast also included a look at case filing trends in connection with business liability policy cases, business interruption cases, hurricane-related cases, homeowners policy cases, and federal appellate insurance cases.
“Lex Machina has analytics that allow you to look for cases that are the result of property damage caused by hurricanes,” Ron Porter noted. “Here you can see, going back 10 years, actually a decrease from 2013 until the middle of the period. Then starting in 2020 and continuing until present, the cases have increased substantially. [It’s] really no surprise when you think about the hurricanes, the very destructive hurricanes, that have occurred in Louisiana and Florida. We’ll see some of the data later on and how that’s affected the courts, in those jurisdictions, but here you can see the numbers greatly increasing in the last few years.”