MLB Teams Sue Insurers for 2020 COVID-19 Claims

In October, Major League Baseball (MLB) became the first professional sports organization to sue a variety of insurers over COVID-19 claims refusal. Although the league played an abbreviated season of 60 games, it claims at least $3 billion in operating losses for its teams due to the pandemic. Insurance insiders allege paying out MLB’s claims would bankrupt the industry. Read more about the suit here.