Legal

Some Legal Eagle Thoughts On BI Claims/FCA Judgement

Some independent legal commentary by Stephen Netherway, Partner, at Devonshires, following the FCA court case judgement last week; · With court overruling the Orient Express – what areas of liability could this affect? Where could […]

News

Hiscox Official Response to FCA Judgement, Plus Extra Comment

The word from Hiscox after last Friday’s judgement; UPDATED: Extra comment by Seth Rachlin, Global Insurance Industry Leader, at Capgemini, has just been added below the Hiscox info. UPDATED 19.01.2021 – Extra comment from Flaxmans […]

Insurance Regulation

ABI Reaction to BI Judgement by UK Supreme Court

The UK Supreme Court has today delivered its verdict on the appeals heard in the business interruption insurance test case. The appeals were brought by the FCA, Hiscox Action Group and six of the eight […]

News

Business Interruption Claims: Judgement Day

The Supreme Court has today delivered its judgment in the Financial Conduct Authority’s (FCA)’s business interruption insurance test case. It’s a win for the Hiscox action group and other businesses who have argued since the […]

News

Business Interruption: Ecclesiastical Update for Customers

The latest from Ecclesiastical after the FCA’s update on the Business Interruption cases; An Ecclesiastical Insurance Spokesperson said: “Due to the fact that the Financial Conduct Authority has confirmed it is not appealing the High […]

Insurance Regulation

Latest Update from The FCA On Business Interruption Cases

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 […]

Opinion

Mactavish Warns That Standard Commercial Cover Doesn’t Cut It Anymore

A new report from Mactavish, the specialist outsourced insurance buyer and claims resolution expert, says brokers and insurers are increasingly offering inadequate one-size-fits-all insurance policies rather than wordings that are adapted to meet clients’ specific needs. […]