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money (3)

Credit rating agency says insurers’ credit quality could be affected by BI court cases

The firm’s latest report stressed ‘the impact of potential liability exposure, particularly in relation to event cancellation and BI claims’ linked to the coronavirus pandemic

Huw Evans, ABI

ABI emphasises that ‘the insurance sector takes no pleasure in declining’ Covid-related BI claims

In an open letter to SME signatories, the ABI director general says state support is the only way to make pandemic insurance affordable for small businesses

I stock car speeding

Insurethebox communications technology has prevented more than 1,000 accidents

Insurethebox has estimated that its Speed Reduction Programme has helped prevent 1,060 accidents, avoiding 34 serious injuries over the past four years

Fraudulent

Axa to pay some French restaurant business interruption claims after losing court case

Case could set a precedent for similar cases against insurers in the UK