UK Businesses Wait to See if Their Insurers Will Appeal COVID-19 Insurance Ruling September 16, 2020 By Kirstin Ridley and Carolyn Cohn LONDON — Murray Pulman says he is as tough as they come, but battles with his insurer have left him...
Financial Conduct Authority Hails Business Interruption Ruling as Policyholder Win September 15, 2020 The Financial Conduct Authority said today’s High Court judgment in its coronavirus business interruption insurance test case found in favour...
Insurers, Policyholders, Analysts React to UK’s COVID-19 Business Interruption Ruling September 15, 2020 Insurers and observers are weighing in on the ruling by a London court in a test case brought by Britain’s...
London Court Rules Some Insurers Should Not Have Denied Business Interruption Claims September 15, 2020 By Carolyn Cohn and Kirstin Ridley London judges have ruled that some of the world’s biggest insurers were wrong to reject tens of thousands of claims...
Major UK Ruling on Business Insurance for COVID-19 Claims Expected Tuesday September 14, 2020 By Benjamin Robertson and Lucca de Paoli Insurers battered by coronavirus are about to find out how much worse the damage could get. A London court is...
Department Store Blames Insurers As It Files Bankruptcy and Shuts Down September 10, 2020 By Jeremy Hill Century 21 Stores, an iconic New York off-price department store chain, filed for bankruptcy with plans to shut down, becoming...
Federal Judge Dismisses Florida Dentist’s Coronavirus Business Interruption Claim September 4, 2020 By Andrew G. Simpson A federal judge in Florida has dismissed a suit for business interruption insurance payments by a Florida dentist who claimed...
Insurers, Covid-Hit Businesses May Be at Odds Over Interruption Claims for Disasters September 4, 2020 By Suzanne Barlyn and Alwyn Scott As insurers brace for an expensive natural-disaster season because of storms and wildfires ravaging parts of the United States, the...
Claims for Business Income Loss Due to Construction Dust Denied in Pre-COVID Case August 21, 2020 By Andrew G. Simpson In an opinion that could inform coronavirus business interruption claims now before various courts, a federal appeals court has ruled...
Business, Insurers Face Survival Showdowns Over Pandemic Coverage August 18, 2020 By Emma Rumney and Noor Zainab Hussain PILANESBERG NATIONAL PARK, South Africa— Wynand du Toit’s safari camp in South Africa’s Pilanesberg National Park lies abandoned, its tents...