For many UK businesses with business interruption (“BI”) insurance policies, a high priority this autumn was keeping up with a rapidly changing regime of coronavirus-related restrictions – changes which last week culminated in the imposition of the second England-wide ‘lockdown’. As such, the 15 September judgment of the High Court in the FCA’s BI insurance test case potentially takes on even greater significance, given the number of businesses that have been required to close their doors once again. In this article, part of our series on insurance-related issues, we consider the outlook for BI policyholders and insurers, and look at what the insurance community has learned about coronavirus and BI insurance.
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