Global insurance trends

US Market: Restaurant Recovery Product Launched by TMHCC

The latest new product from TMHCC looks to offer better solutions for restaurant owners and managers; Tokio Marine HCC – Specialty Group, a member of the Tokio Marine HCC (TMHCC) group of companies based in Houston, Texas, today announced the […]

Global insurance trends

US Market: NEXT Expands Small Biz Offer

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 […]

News

Will Your Business Stand Another Month of Lockdown?

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 […]

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

FCA Judgement on Denied Business Interruption Claims

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 […]

Global insurance trends

US Lawsuit Filed Over Rejected Business Interruption Claims

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 […]

Insurance Regulation

FCA Wants Definitive Judgement on Business Interruption Cover Issue

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 […]