Legal

Policyholders advised by Mishcon club together for an expedited dispute resolution process on Covid-19 claims.

The case is being heard on an expedited basis, with policies from Hollard and HDI Global Specialty used as exemplars.

The ruling is due in mid-September, but the possibility of an expedited appeal is highly likely.

Adam Grossman offers an update and lessons for risk management from the glyphosate, opioid and talc litigations.

The cost of straying into “greenwashing” could be very high for businesses that misrepresent their environmental credentials – as well as those who insure them, warns Simon Konsta.

The regulator said insurers should work on a case-by-case basis on government support deductions, otherwise it could step in.

The establishment of “shared resilience solutions” to BI losses would require unprecedented policy coordination.

The law firm representing customer action groups claims brokers discouraged policyholders from lodging Covid-19 claims.

FCA BI case hearing closes; Covid crushes carrier results; Convex and Whitespace fundraises.

The settlement will be paid in the third quarter.

The judges will now consider their verdicts, with an ambition to produce a draft judgement in mid-September.

An unspecified superior court will hear the ICA-funded case, with the outcomes used by the Australian financial ombudsman.