Hiscox

Michigan Court Rejects Restaurant Claim Over Business Interruption Cover

8 July 2020 // 0 Comments

A court in Lansing Michigan has rejected a claim lodged by a restaurant company, Gavrilides Management Co, who wanted a payout after Covid-19 restrictions closed their [...]

Business Interruption; Law Firm Allowed to Engage with FCA Test Case

27 June 2020 // 0 Comments

The battle over refused Business Interruption insurance claims in the UK is hotting up, with upmarket law firm Mishcon de Reya representing many companies disgruntled at QBE, [...]

ICYMI: Class Action by Dentists Against QBE on Business Interruption Claims

18 June 2020 // 0 Comments

Yes, we missed this one last week – useful to know how the Business Interruption arguments are unfolding in the UK; Dental practices with business interruption (BI) [...]

Bike Insurance Specialist Bikmo Stashes £1.8m Into Its Panniers

30 May 2020 // 0 Comments

Covid-19 certainly got thousands of Brits onto bikes, many for the first time. That means demand for bicycle insurance is going to increase, especially as cities like [...]

UK Insurers Face More Legal Action from Hospitality Sector

4 May 2020 // 0 Comments

A new Corona claims action group has been formed to represent the legal cases brought by the UK hospitality sector. Initially, a group was formed to pursue Hiscox in [...]

FCA Wants Definitive Judgement on Business Interruption Cover Issue

1 May 2020 // 0 Comments

The Financial Conduct Authority (FCA) has today announced it intends to seek legal clarity on business interruption (BI) insurance to resolve doubt for businesses who are [...]

UK Insurers Set to Pay Out £1.2 Billion in Corona Related Claims

25 April 2020 // 0 Comments

Initial estimates from the ABI (Association of British Insurers) indicate that its members expect to pay out over £1.2 billion in claims to support businesses and [...]

Opinion: Business Interruption Claims Could Damage Insurers Reputation

20 April 2020 // 0 Comments

As has been well reported over the last month or so, the insurance industry is under fire for failing to pay business interruption claims, as noted by Jonathan Compton, [...]