The FCA Supreme Court Test Case update Overview The Supreme Court handed down judgment on the 15th January 2021 on the FCA Business Interruption Test Case. It held resoundingly in favour of the FCA (on behalf of the policyholders) in relation to all types of clause under consideration – “Disease” clauses, “Prevention of Access”…
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Tag Archives: COVID FCA
Update: Business interruption extensions to COVID-19
Update: FCA Test Case: Business interruption extensions to COVID-19 The Supreme Court judgment in the FCA Business Interruption Test Case was published on Friday 15th January 2021. The Supreme Court did find in favour of the FCA and policyholders on the areas of dispute on eight insurers in the test case. Please…
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The recent COVID -19 High Court ruling
The recent COVID -19 High Court ruling This provides some clarity for customers’ business interruption claims caused by COVID-19 pandemic. The Background Following interruption to businesses due to the pandemic, insurers were showing inconsistency in dealing with claims. Many business interruption covers only provided property damage cover. However, some policies had infectious disease…
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