Insurance

Insurance lawsuit: Stonegate Group has filed a £845m lawsuit against its insurers: MS Amlin, Liberty Mutual Insurance Europe and Zurich, in the latest sector dispute over business interruption policies

Stonegate files £845m lawsuit against insurers

By Georgi Gyton

Stonegate Group has filed a £845m lawsuit against its insurers: MS Amlin, Liberty Mutual Insurance Europe and Zurich, in the latest sector dispute over business interruption policies.

Research required: the Financial Conduct Authority (FCA) has published a list of policies where the relevant insurers has found in their review the test case may affect the outcome on claims generally.

Explained: how to claim business interruption insurance

By Nikkie Thatcher

While the Supreme Court ruled most business interruption insurance policyholders will have cover for losses due to coronavirus restrictions, which was hailed as a “massive boost”, it doesn’t necessarily mean everyone who had this insurance can be compensated.

Landmark case: the hearing is expected to last four days but the decision won't be revealed for a number of weeks

Business interruption test case reaches Supreme Court

By Nikkie Thatcher

The landmark business interruption test case pitting the Financial Conduct Authority (FCA) against insurers is currently being heard at the Supreme Court, but it could be weeks before a decision is made.

The verdict: 'nothing is decided until it is decided, in this case possibly by the Court of Appeal or the Supreme Court, with appeals by everyone on the cards'

Opinion

Regulators v insurers: the verdict

By Philip Kolvin QC, Cornerstone Barristers

Sometimes white smoke appears from a chimney and the result is clear. Sometimes, smoke rises from the battlefield, casualties are counted and it takes a century or two to work out who won and lost.

In depth: pubs must do all they can to claim on insurance policies they have taken out

#Opinion

The real ‘wide area effect’

By Tim Murphy, director of Luddite Brewing Company

We’re the Luddite Brewing Company, our brewpub has been closed due to coronavirus and there seems to be a problem with our business interruption insurance.