Australian federal court upholds majority of insurer arguments in Covid BI case
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Australian federal court upholds majority of insurer arguments in Covid BI case

AUSTRALIA-SYDNEY-COVID-19-CASES

The Insurance Council of Australia (ICA) welcomed a Federal Court of Australia ruling that upheld carriers’ arguments in the majority of matters in a key test case on Covid-19 BI claims.

The judgment, handed down yesterday by Justice Jayne Jagot, ruled that clauses in insurers’ BI policies covering infectious diseases meant cover was only present for closures relating to an outbreak on assureds’ premises specially, according to the Australian Financial...

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