Jan 15, 2021 Supreme Court judgment concludes FCA business interruption test case - FCA reports that more policyholders will have valid claims By Alexander Cibulskis Today the Supreme Court handed down its judgment in the FCA's Business Interruption (BI) test case.The judgment substantially upholds the...
Sep 15, 2020 Judgment handed down in FCA Business Interruption test case: FCA reports that it largely favours policyholders By Alexander Cibulskis Update - read our longer article reflecting on the judgment and its implications hereThis morning the High Court handed down its judgment...
Jul 30, 2020 High Court hearing of business interruption test case concludes By Alexander Cibulskis Today, the High Court hearing of the FCA’s business interruption insurance (BI) test case reached its conclusion. Over the course of an...
Jun 01, 2020 FCA delivers update on Covid-19 business interruption test case By Alexander Cibulskis The FCA has announced in a press release issued today an update on the progress of its court action on business interruption (BI)...
May 01, 2020 FCA seeks clarity from the court on business interruption insurance cover By Alexander Cibulskis Christopher Charlton The FCA has announced in a press release today that it intends to obtain a court declaration to resolve contractual uncertainty in...
Apr 15, 2020 Covid-19: FCA estimates that most business interruption insurance provides no pandemic cover but urges insurer flexibility on claim payments By James Penfold On 15 April 2020, the Financial Conduct Authority (FCA) wrote to the CEOs of all insurance firms regarding business interruption (BI)...