With the FCA Test Case concluding last week, and judgment not expected until mid-September at the earliest, this blog looks briefly at what further tumultuous times...
- Fenchurch Law / Article / 7 days ago
- www.fenchurchlaw.co.uk
Claims & Losses
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Covid-19 Business Interruption Update – FCA challenges Orient Express v Generali
The FCA and insurers have now filed their skeleton arguments in the COVID-19 business interruption Test Case, drawing the battle lines and setting out in full the arguments in support of their...
- Fenchurch Law / Article / 26 days ago
- www.fenchurchlaw.co.uk
COVID-19 Business Interruption Update: FCA Test Case First Hearing and Guidance for Insurers
First Hearing – Case Management Conference (CMC) On 16 June the first hearing (Case Management Conference) of the FCA Test Case took place remotely...
- Fenchurch Law / Article / 2 months ago
- www.fenchurchlaw.co.uk
The Good, the Bad & the Ugly: 100 cases every policyholder needs to know. #9 (The Good). UK Acorn Finance Ltd v Markel (UK) Ltd
Welcome to the latest in the series of blogs from Fenchurch Law: 100 Cases Every Policyholder Needs to Know. An opinionated and practical guide to the most important...
- Fenchurch Law / Article / 2 months ago
- www.fenchurchlaw.co.uk
COVID-19 Business Interruption Update: Further details of FCA Test Case
The FCA has now published details of its proposed test case in which it seeks to determine a number of coverage issues common to a majority...
- Fenchurch Law / Article / 2 months ago
- www.fenchurchlaw.co.uk
Insurers have a vital opportunity to build reputations in the current crisis, but with a number refusing payment for apparently valid business interruption claims...
- Fenchurch Law / Article / 3 months ago
- www.raconteur.net
COVID-19 Business Interruption Update: FCA Invites Policyholder Submissions
Further to its announcement on 1 May that it intended to seek a declaratory court ruling on common coverage issues arising in relation to COVID-19 business interruption claims...
- Fenchurch Law / Article / 3 months ago
- www.fenchurchlaw.co.uk
Endurance Corporate Capital Limited v Sartex Quilts & Textiles Limited [2020] EWCA Civ 308...
In its decision earlier this year, the Court of Appeal confirmed that, absent a contractual provision to the contrary, an insured does not need to show a genuine...
- Fenchurch Law / Article / 3 months ago
- www.fenchurchlaw.co.uk
Since the designation of COVID-19 as a notifiable disease in England on 5 March, and the subsequent ratcheting of measures to slow the spread of the disease...
- Fenchurch Law / Article / 3 months ago
- www.fenchurchlaw.co.uk
Insurers Face Growing Collective Action Over Virus Claims - Law360
Legal challenges against insurers over failure to pay out on claims for business interruption during the COVID-19 lockdown are likely to take the form of group litigation...
- Fenchurch Law / Article / 3 months ago
- www.law360.com