A verdict for Lloyd’s in the first Covid-19 business-interruption lawsuit to go to trial highlights insurers’ strength in such cases in the U.S., according to a new report published by Bloomberg Intelligence (BI) called Insurers’ Strong […]
In a case brought by the Financial Conduct Authority (FCA) and heard at Southwark Crown Court, Her Honour Judge Korner, CMG, QC made a consent confiscation order totalling £3,893,964.82 to be paid by Walid Choucair. […]
LATEST UPDATE: 01.10.2020 FROM THE FCA Our objective throughout this case has been to achieve clarity for everyone involved as quickly as possible and that remains the case. We initiated the test case with eight […]
UK travel insurance provider, tifgroup, has reached a settlement with The Times newspaper over a series of three articles it published in November 2018. The newspaper has published an apology and agreed to pay substantial […]
IE comment; What is astonishing about this case is that costs were awarded to someone who was found to have made an exaggerated insurance claim in the first place. There is a general belief amongst […]
A news update from the FAIR organisation over in the USA, which notes that two cases regarding denied business interruption claims have been rejected in court. In two separate, recent business interruption cases, judges sided […]
A commercial lawyer is warning that business owners run the risk of being prosecuted by HMRC and having to pay tax and penalties because of Furlough Fraud and Business Bounceback Loan Fraud and that the […]
Some fraud news from Horwich Farrelly for you; A claim brought after 3 years sees claimant found Fundamentally Dishonest and ordered to pay costs of over £11k in trial held by Skype. A taxi driver […]
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