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Regulation News

simple complex

Supreme Court judgment brings clarity to a highly complex matter – Biba and ABI

Although Biba backs the appeal ruling, more clarity is still needed within the industry

coronavirus, coin, money

Supreme Court dismisses insurers’ appeals in BI test case ruling

Around 370,000 policyholders are expected to be impacted from the judgment

engineer, heating, boiler

MP urges FCA to investigate British Gas over fears home insurance customers won’t receive cover

Due to ongoing strike action by British Gas engineers, around 100,000 customers may not receive adequate home insurance

intervene, matches

FCA is ‘front and centre’ of BI debate due to ‘interventionist approach’ – Weightmans

Friday’s Supreme Court ruling on business interruption policy wordings may also be used by the Financial Ombudsman Service, increasing the potential exposure for insurers