Showing 1 to 10 of 302 search results for business interruption insurance test case.

1. Finalised Guidance: Business interruption insurance test case

   Finalised guidance

   Published: 17/06/2020

   Last modified: 17/06/2020

   This finalised guidance sets out the FCA's expectations for insurers and insurance intermediaries when handling claims and complaints for business interruption policies during the test case brought by the FCA. 

2. Business interruption insurance test case: draft guidance for firms

   Policy and guidance Guidance consultations

   Published: 01/06/2020

   Last modified: 01/06/2020

   FCA publishes draft guidance for firms on the business interruption insurance test case

3. Business interruption insurance test case – Insurer claims data

   Data

   Published: 31/03/2023

   Last modified: 31/03/2023

   The FCA gathers information regularly from all affected insurers on the progress of their non-damage business interruption insurance claims, and publishes this data.

4. Update on Business interruption insurance test case appeals process

   Press Releases

   Published: 29/09/2020

   Last modified: 02/10/2020

   The FCA confirmed that it has filed a ‘leapfrog’ application to appeal to the Supreme Court. The FCA’s intention has, throughout the process, been to achieve speed and clarity on affected BI policies at speed.

5. FS20/8: Business interruption insurance test case: feedback on draft guidance

   Policy and guidance Feedback statements

   Published: 17/06/2020

   Last modified: 17/06/2020

   These feedback statement is for the FCA draft guidance on the FCA's expectations for insurers and insurance intermediaries when handling claims and complaints for business interruption policies during the test case brought by the FCA.

6. Supreme Court judgment in FCA’s business interruption insurance test case

   Press Releases

   Published: 15/01/2021

   Last modified: 15/01/2021

   The Supreme Court has delivered its judgment in the Financial Conduct Authority’s (FCA)’s business interruption insurance test case.

7. Further update on Business interruption insurance test case appeals process

   Press Releases

   Published: 30/09/2020

   Last modified: 02/10/2020

   The FCA will continue discussions with insurers and action groups, to find a solution which resolves the outstanding issues as soon as possible to enable pay-outs on eligible claims.

8. Final Guidance: Business interruption insurance test case - proving the presence of coronavirus (Covid-19)

   Policy and guidance Finalised guidance

   Published: 03/03/2021

   Last modified: 21/04/2021

   This guidance sets out the types of evidence and methodologies which policyholders may use when proving the presence of coronavirus (Covid-19) in a particular area around their premises.

9. Draft guidance: Business interruption insurance test case - proving the presence of coronavirus (Covid-19) [pdf]

   Guidance consultations

   Published: 11/12/2020

   In this document, we consult on draft guidance for policyholders, insurers and insurance intermediaries on how the presence of coronavirus in a particular area may be proved.

10. Result of FCA’s Business Interruption test case

    Press Releases

    Published: 15/09/2020

    Last modified: 16/09/2020

    The High Court has handed down its judgment in FCA’s business interruption insurance test case. The Court found in favour of the arguments advanced for policyholders by the FCA on the majority of the key issues.