Latest from the US market; NEXT Insurance, a leading digital small business insurer, announced it is expanding its insurance offerings for small businesses with the launch of commercial umbrella/excess liability in 41 states, and the expansion of […]
Demand for business insurance among shops, hospitality and leisure sectors spiked by almost 40% in the week that it was announced that business rates would be cut by half – suggesting a surge in business […]
As many businesses face the financial impact of four more weeks before pandemic restrictions lift, small business owners who have become personal guarantors for CBILS loans over £250,000 are being warned that lenders will come […]
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 […]
It has been a tough pandemic for lots of businesses, especially those in the hospitality sector. So when insurers refused to pay on Business Interruption, there was always going to be legal action. Here’s the […]
One of the long term effects of Covid-19 may well be that insurers and agents suffer a series of legal actions over the exact policy wording within business interruption products. There is a big challenge […]
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 facing uncertainty on their claims. The move comes after an […]
AG Insurance has announced some extra help for its policyholders during the Corona crisis, here are some key points from their press release. In order to compensate for the compulsory closure of their business, many […]
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