Business Interruption Insurance
1863 Restaurant with Rooms wins six-figure coronavirus insurance payout
A Lake District restaurant and hotel has won a six-figure coronavirus insurance payout for business interruption following a landmark court ruling on the issue.
Axa declines to appeal Corbin and King insurance judgment
Insurer Axa has announced that it will not appeal the judgment handed down last month regarding Corbin & King restaurant group, leaving hospitality businesses hopeful of recouping some losses.
Corbin & King insurance ruling could lead to higher pay-outs for other hospitality businesses
Corbin & King wins High Court battle over business interruption insurance
Rare Restaurants joins battle for Covid insurance payout
Greggs in High Court bid to secure business interruption payout
Bakery chain Greggs has filed papers with the High Court claiming insurer Zurich owes it some[...]
Covid insurance battle: 38% of approved claims still unpaid by insurers
Some 38% of policyholders told they were entitled to insurance payouts for coronavirus disruption have yet[...]
Business interruption insurance: Hiscox claimants secure £5.2m payout
The 72 Hiscox business interruption insurance claimants affected by the Supreme Court FCA Test Case have[...]
Hospitality operators gear up for extended legal battle over coronavirus insurance payouts
Thousands of hospitality businesses are still fighting to secure insurance payments for coronavirus disruption, with many[...]
Inception Group to launch legal action against Axa over business insurance
Inception Group has said it has been “left with no choice" but to pursue legal action against insurer Axa over its business interruption insurance policy."
Black and White Hospitality launches legal action against insurers
Black and White Hospitality has launched further group action against its insurance company as part of an ongoing fight to secure a payout through its business interruption policies.
Business interruption insurance: Hiscox makes initial settlement offers
Late night leisure broker NDML has received the first settlement offer for its clients involved in the Financial Conduct Authority (FCA) test case over business interruption insurance.
Calls for government-backed pandemic insurance scheme to protect businesses
An MPs report has called for the creation of a government-backed insurance scheme to give hospitality[...]
Brighton Pier Group receives £1.4m business insurance pay-out
The Brighton Pier Group has received £1.4m from its insurers to cover business interruption losses related[...]
Coronavirus insurance Q&A: What the Supreme Court ruling means for hospitality
Hospitality insurance specialist Steven Swift of Sector Associates, which works with trade bodies including UKHospitality, gives[...]
Thousands of hospitality businesses still struggling to secure insurance payouts
Thousands of hospitality businesses are still struggling to secure insurance payouts for Covid-19 disruption, three weeks[...]
Various Eateries receives £2.5m business interruption insurance payout
Various Eateries, which operates the Coppa Club and Tavolino brands, has received an interim £2.5m payout from its business interruption insurance policy following the landmark Supreme Court ruling earlier this month."
Covid insurance ruling: fewer than one in 10 policies expected to pay out
Fewer than one in 10 business interruption insurance policies held by hospitality operators are estimated to be liable to pay out following the landmark Supreme Court ruling, an industry insurance broker has warned.
Hospitality businesses 'should seek damages' for late Covid business insurance payments
Hospitality businesses whose insurance companies have refused to pay out to cover losses related to Covid-19 should seek damages for late payment after last week’s landmark court ruling, a legal expert has said.
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