COVID-19: UK HIGH COURT RULES ON BUSINESS INTERRUPTION INSURANCE TEST CASE

An article from Locke Lord LLP on 22 September reported on the outcome of a “test case” for COVID-19 business interruption insurance coverage brought by the FCA on behalf of policyholders.  It says that a complex and highly-technical 162-page opinion, for the most part, ruled in favour of the policyholders, but divided the representative policy wordings into 3 main categories, labelled as “disease clauses”, “hybrid clauses” and “denial of access” clauses – with the first 2 found to generally provide for cover for the Covid-19 disruption.

https://www.jdsupra.com/legalnews/uk-high-court-rules-on-business-86494/

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

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