According to the 2019 Carlton Fields Class Action Survey, 39.5% of companies had a portion of their class action defense costs covered by insurance in 2018, which is unchanged from the prior year. Twenty-four percent of companies with insurance have full coverage outside the cost of self-retention.
About Carlton Fields
- Class Action Survey: True or False? The Amount of Time In-House Attorneys Spent Managing Class Actions Has Increased.
- Class Action Survey: What do Corporate Counsel Predict as the “Next Wave” of Class Actions? Data Privacy and Security? TCPA? Antitrust? Wage and Hour?
- Class Action Survey: Did Class Action Defense Spending in 2018 Continue its Upward Trend?