26 January 2021

Business interruption claims must be met ‘in full as soon as possible’

It is critical that insurers pay all valid business interruption claims in full as soon as possible, following the Supreme...

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15 January 2021

Supreme Court backs policyholders in major business interruption win

Insurers' appeals against the business interruption test case brought by the Financial Conduct Authority (FCA) failed at the final hurdle...

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18 December 2020

Coronavirus presence subject of FCA business interruption consultation

The Financial Conduct Authority (FCA) is running a consultation on how the presence of coronavirus may be proved when making...

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30 November 2020

CII survey reveals insurer of last resort warning

More than half of insurance professionals have warned it is not economically sustainable for the government to continue to step...

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14 October 2020

Public trust worries for insurance profession following BI test case

Two-thirds of insurance professionals feel the Financial Conduct Authority’s (FCA) business interruption case has reduced public trust in the sector,...

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6 October 2020

AGCS reflects on Covid-19 claims impact

Traditional property and liability claims were subdued during national lockdowns, but this was more than outweighed by a surge in...

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30 September 2020

FCA files leapfrog application in test case

The Financial Conduct Authority (FCA) has paved the way for an expedited appeals process in its business interruption test case...

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25 September 2020

NDML and NTIA urge Hiscox to make interim business interruption payments

Hiscox should begin making interim payments under business interruption policies after the Financial Conduct Authority's (FCA) test case was decided...

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