Tag Archives: business interruption insurance; coronavirus

Business Interruption (BI) Insurance: The Supreme Court Judgement

On 15 January 2021, the Supreme Court upheld an appeal by the FCA and rejected the appeals of the insurers meaning that thousands of policyholders may now be able to recover business interruption losses caused by Covid-19. This means, the Supreme Court’s landmark judgment entitles many policyholders to claim for losses caused by: 1. the…