A group of hospitality policyholders failed in their attempt to obtain cover under a business interruption policy as it was determined, in an ad hoc arbitration, that the UK central government did not constitute “a competent...more
11/23/2021
/ Arbitration ,
Business Interruption ,
Business Losses ,
Commercial Insurance Policies ,
Coronavirus/COVID-19 ,
Denial of Insurance Coverage ,
Infectious Diseases ,
Insurance Claims ,
Insurance Litigation ,
International Arbitration ,
Policy Exclusions ,
Policy Terms ,
UK
The UK Supreme Court handed down its judgment on 23 April 2021 in Burnett or Grant v International Insurance Co of Hanover Ltd [2021] UKSC 12, which arose within the context of a “deliberate acts” exclusion in an employer’s...more
The eagerly anticipated judgment of Lord Justice Flaux and Mr. Justice Butcher in the Financial Conduct Authority’s (FCA’s) test case in relation to cover afforded under various business interruption wordings has now been...more
9/18/2020
/ Business Interruption ,
Business Losses ,
But For Causation ,
Commercial Insurance Policies ,
Coronavirus/COVID-19 ,
Financial Conduct Authority (FCA) ,
Hotels ,
Hurricane Katrina ,
Insurance Claims ,
Policy Exclusions ,
Policy Terms ,
Property Damage ,
UK