UK: FCA BRINGS TEST CASE ON BUSINESS INTERRUPTION INSURANCE AND CORONAVIRUS

On 12 June, an article from Out-Law says that it is likely to take a ruling of the Supreme Court to provide legal clarity on the extent to which business interruption (BI) insurance cover applies in the context of the disruption stemming from the coronavirus crisis.  This follows the FCA publishing details of the test case it has lodged against 8 insurers before the High Court in London.

https://www.pinsentmasons.com/out-law/news/coronavirus-fca-test-case-business-interruption-insurance

 

 

If you would like to say thanks by making a small contribution, in case I need to upgrade or replace my computers and other paraphernalia, I have a page at https://www.buymeacoffee.com/KoIvM842y

Author: raytodd2017

Chartered Legal Executive and former senior manager with Isle of Man Customs and Excise, where I was (amongst other things) Sanctions Officer (for UN/EU sanctions), Export Licensing Officer and Manager of the Legal-Library & Collectorate Support Section

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s