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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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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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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15 September 2020

FCA declares victory for business interruption policyholders

The High Court has backed policyholders in the business interruption test case brought against insurers that refused to honour Covid-19...

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25 June 2020

Business interruption insurers file defences in test case

The insurers involved in the Financial Conduct Authority's (FCA) business interruption test case have filed their defences. Each defence was...

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