London’s Excel Centre Wins Insurance Ruling on COVID-19 Biz Interruption Losses June 19, 2023 The owners of London’s ExCel conference center on Friday won a court ruling against insurers, including Royal & Sun Alliance,...
Insurers Win Key Parts of Stonegate COVID-19 Business Interruption Case: MS Amlin October 17, 2022 By Carolyn Cohn and Kirstin Ridley Insurers have won key parts of a complex legal battle with British pubs group Stonegate, MS Amlin said after Monday’s...
NHL Stymied by Judge in Its Pursuit of Billions From Insurer for COVID Damages July 21, 2022 By Robert Burnson The National Hockey League can pursue a lawsuit against its insurance provider over losses stemming from the COVID pandemic —...
UK Pubs Group Sues Zurich, Liberty Mutual, MS Amlin for $1.2B Over COVID BI Losses June 13, 2022 By Kirstin Ridley and Carolyn Cohn Britain’s biggest pubs group Stonegate, which is suing Zurich Insurance and two peers for 1 billion pounds ($1.2 billion) over...
UK Business Closures Jump 14% as Pandemic Takes Brutal Toll on Small Firms January 27, 2022 By Andrew Atkinson Business closures in the UK jumped by 14% from a year ago in the fourth quarter as the coronavirus pandemic...
Owners of High-End London Restaurants Sue AXA Over Failure to Pay COVID Claims January 26, 2022 By Katharine Gemmell The owners of high-end London restaurants The Wolseley and The Delaunay sued AXA Insurance UK Plc for as much as...
UK Hospitality Groups Are Back in Court With Insurers Over Lockdown Losses January 21, 2022 By Kirstin Ridley and Carolyn Cohn Some of the world’s biggest insurers are bracing as a second wave of multi-million-pound lawsuits, brought by struggling British pubs,...
London Turns Into Ghost Town as UK Faces Record-Breaking Wave of COVID Infections December 16, 2021 By Thomas Buckley and Deirdre Hipwell The owner of Parlez, a pub and restaurant in south London, hoped that sales this Christmas would have bounced back...
As COVID Spread, European P/C Insurers Took Hits but Remained Resilient: AM Best November 29, 2021 European property/casualty insurers faced a dip in total average gross written premium and after-tax profit in 2020, but their regulatory...
UK Baker Greggs Files $137M Claim Against Zurich Over COVID-19 Payout November 1, 2021 By Bill Lehane UK baker Greggs Plc filed a $137 million (£100 million) legal claim against Switzerland’s Zurich Insurance Group in a disagreement...