Legal

Another US Insurer Wins Business Interruption Case

A District of Columbia judge recently knocked back a lawsuit by a group of restaurants, claiming for business interruptions during the COVID-19 pandemic, ruling that government shutdown orders didn’t constitute a “direct physical loss.” The […]

Legal

PPI Claims? They Think Its All Over, But It Isn’t. Apparently There’s Fergie Time

NatWest Bank will be licking its wounds after losing a court case at Gloucester & Cheltenham on Friday 3rd July 2020 whereby it was held unfair for the Bank to charge secret commission for the sale […]

Legal

Michigan Court Rejects Restaurant Claim Over Business Interruption Cover

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. Sadly, the commercial policy that was in place […]

Insurance Regulation

FCA Update on Business Interruption Claims: Crucial Wording Identified

Here’s the latest statement from the FCA on the tricky issue of refused business interruption claims. As the Mishcon de Reya lawsuits rumble on, we bring the official FCA word – plus industry reaction as […]

News

EU: Consumers CAN Demand Cash Refunds After Corona Cancellation

Big news. Despite months of lobbying the EU has rejected the travel industry’s collective pleas to force consumers to accept vouchers, rather than cash refunds on cancelled flights and holidays. Here’s the official word from […]

Insurance & Reinsurance

ECJ Delivers Judgement on Gefion Insurance vs Corporis

The Court of Justice of the European Union on 27th February 2020 delivered its judgment in Corporis/Gefion Insurance, Case C-25/19. The case concerned rules surrounding service of documents in a specific, yet increasingly common context. Corporis is a […]

Legal

Legal Update: Interesting Judgement on Replacement Hire Car Case

An important judgment was handed down last week at Nottingham Crown Court involving which potentially has significant implications for the insurance industry. The case centres on a car accident in 2016 and the claimant had […]