Action groups hit out at “absurd” insurer defences in FCA BI case
Insurers have been accused of filibustering in relation to business interruption as firms suffer “devastating losses” following coronavirus lockdown.
Hospitality Insurance Group Action (HIGA) has accused insurers of providing “absurd” defences as the Financial Conduct Authority (FCA) business interruption test case moves forward.
The group has claims against RSA (although the wording for RSA4, developed by Marsh/Jelf, is used widely and has Aviva as a capacity provider) and QBE.
The skeleton argument stated that insurers are “seeking to evade liability” using the “area” argument: “The argument, in a nutshell, is that as a result of that
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