FCA Business Interruption Test Case

On 15 September 2020, the High Court handed down it’s judgement on the test case for Business Interruption (BI) claims due to the coronavirus pandemic.

The court found in favour of policyholders on the majority of key issues. You can access the FCA’s update here.

That is not the end of the case though as the insurers involved have submitted an appeal. It has been agreed the appeal will leapfrog straight to the Supreme Court for judgement.

The appeal will be heard at the Supreme Court on 16 November 2020 and is expected to last 4 days.


Related Posts

Driving in the EU post Brexit

Until further notice, UK drivers and motorcyclists must have an insurance Green Card for each and every vehicle they drive…

View Article

Do You Have Cyber Insurance?

Are you one the 87% of UK businesses without Cyber Insurance cover? What would you do if you suffered a cyber-attack?

View Article

East West Insurance Company Ltd enters administration

As reported by the FCA on 12 October 2020, East West Insurance Company Ltd have been placed in to administration….

View Article