Insurer RSA Says Pandemic Exclusions Will Limit Impact of England’s 2nd Lockdown November 5, 2020 By Carolyn Cohn England’s second national lockdown is unlikely to have much impact on insurer RSA as many policies now have pandemic-related exclusions,...
Insurers Drop Appeal Against UK Court Ruling on 3 COVID Business Interruption Policies October 22, 2020 By Sinead Cruise Six insurers have decided not to appeal against a London High Court ruling that they were wrong to reject claims...
UK Business Interruption Test Case to Get Fast-Track Appeal at Supreme Court October 5, 2020 By Kirstin Ridley and Carolyn Cohn A test case brought by Britain’s markets regulator against some of the world’s biggest insurers will jump straight to the...
UK COVID-19 Insurance Dispute Could Be Heading to Supreme Court as Talks Falter October 1, 2020 By Kirstin Ridley and Carolyn Cohn Britain’s markets regulator said on Wednesday it had failed to strike a deal with major insurers over prompt payouts to...
Update: UK Regulator Files Expedited Appeal in Business Interruption Test Case September 29, 2020 By Huw Jones and Carolyn Cohn Britain’s financial regulator said on Tuesday it had filed for an expedited appeal in a business interruption test case against...
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...
UK Insurers Cite Swedish Example in Bid to Dodge Coronavirus Biz Income Payouts June 17, 2020 By Lucca de Paoli Insurers are set to argue against paying out fully on claims made by businesses forced to shut because of the...
Insurtech Zego Expands Partnership with RSA to Provide Cover for UK Van Fleets May 14, 2020 London-based insurtech Zego has expanded its partnership with RSA Insurance to provide flexible cover for van fleets. Zego is offering...
UK Regulator Seeks Court Review in July to Resolve COVID-19 Insurance Dispute May 8, 2020 By Carolyn Cohn and Kirstin Ridley Britain’s Financial Conduct Authority (FCA) aims to get business interruption insurance policies examined by a court as soon as July,...
Two Law Firms Seek British Businesses to Join Biz Interruption Lawsuit Against Allianz May 6, 2020 Two law firms said on Tuesday they were gathering companies in Britain for a potential group lawsuit against German insurer...