Britain’s Financial Conduct Authority (FCA) aims to get business interruption insurance policies examined by a court as soon as July,...
business interruption (BI) News
Britain’s financial watchdog said on Friday it would urgently ask the courts to clarify uncertainty over whether businesses can claim...
Top insurers such as AXA, RSA, QBE and Zurich face a potential multi-million-pound lawsuit from British pubs, hotels, restaurants and...
Two groups of plaintiffs — one in Philadelphia, the other in Chicago — are asking federal courts to consolidate lawsuits...
British insurers are on the hook for more than 1.2 billion pounds ($1.5 billion) in claims from businesses and individuals...
Chubb Chairman and CEO Evan Greenberg insists his global P/C insurer has strong fundamentals, but warned at the same time...
Travelers Cos. has gone to federal court in California seeking a declaratory judgment that it is not obligated to pay...
Hiscox’s core policy wordings do not provide cover for business interruption as a result of the general lockdown measures taken...
Most insurance policies bought by smaller UK companies do not cover disruption caused by the coronavirus pandemic, but those that...
In the midst of this pandemic, insurance buyers and their brokers are looking for COVID-19 pandemic coverage, which is like...