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UK FCA: Eight Insurers Agree to Be Parties to Business Interruption Insurance Test Case

Through the High Court test case, the UK Financial Conduct authority hopes to obtain legal clarity on business interruption insurance during the coronavirus (COVID-19) pandemic. ...more

FCA to Pursue High Court Test Case on Business Interruption Insurance Policies to Provide Clarity During Pandemic

The UK Financial Conduct Authority (FCA) on May 15 invited policyholders of business interruption (BI) insurance that have been affected by the coronavirus (COVID-19) pandemic, and have had a claim under their insurance...more

Business Interruption Insurance Amid COVID-19: How Aggregation Can Affect Recovery Value

During the coronavirus (COVID-19) pandemic, it is important for policyholders to remember that key insurance principles, including the principle of aggregation in the United Kingdom, could make a significant difference to any...more

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