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HUB Talks: Insurance Coverage for COVID-19 Losses in the United Kingdom

In this episode, Sarah Turpin, Insurance Recovery and Counseling partner in our London office, discusses insurance coverage for COVID-19-related losses in the United Kingdom, including the UK Supreme Court’s important...more

COVID-19: FCA Business Interruption Test Case - Unresolved Issue and Wider Implications of Supreme Court Judgement

On 15 January 2021, the Supreme Court handed down its judgment in The Financial Conduct Authority v Arch and Others. Our alert of 19 January 2021 considered the implications of the judgment for policyholders seeking to claim...more

COVID-19: Insurance - The UK Supreme Court Judgment Brings Positive News for Policyholders in the FCA's Business Interruption Test...

BACKGROUND TO THE TEST CASE - Following a four day hearing in November 2020, the UK Supreme Court has handed down the appeal judgment in the test case brought by the Financial Conduct Authority (FCA) on behalf of UK based...more

COVID-19: Considering the Wider Implications of the FCA's Test Case

The Financial Conduct Authority v Arch Insurance and Others [2020] EWHC 2448 (Comm) - BACKGROUND TO THE TEST CASE - In June 2020, the FCA issued proceedings against a group of insurers in a test case designed to clarify the...more

COVID-19: FCA Files Business Interruption Insurance Test Case

The Financial Conduct Authority (FCA), which regulates the conduct of insurers and other insurance intermediaries in the UK, has confirmed that the test case on business interruption (“BI”) insurance claims was launched in...more

COVID-19: FCA Asks the High Court to Consider COVID-19 Business Interruption Claims

On Friday 1 May 2020, the Financial Conduct Authority (the “FCA”), which regulates the conduct of insurers and other UK-based financial institutions, announced that it was seeking legal clarity from the High Court to resolve...more

COVID-19: Closure of All Non-Essential Manufacturing Plants in Spain

The Spanish government announced on Sunday 29 March the closure of all non-essential manufacturing plants in the country. The measure is to take effect at midnight CET on Monday 30 March....more

COVID-19: How Insurance Can Help Mitigate Business Losses through the Crisis

The COVID-19 outbreak is now a pandemic, affecting governments, businesses and individuals all over the world. As borders are closed, and day to day life is put on hold, it presents an unprecedented threat to the global...more

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