UK insurers drop Covid business pay-out appeals

FBD Insurance is currently involved in a court case with publicans in Ireland regarding the non-payment of business disruption claims relating to the impact of Covid.

Six insurers have decided not to appeal against a UK High Court ruling that they were wrong to reject claims from holders of three business interruption insurance policies who have been pushed to the brink of collapse by the Covid-19 pandemic.

Businesses across the world have been locked in disputes with insurance companies over pandemic-related payouts.