Legal
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The multi-billion pound plan would make the state an insurer of last resort, and ensure coverage is maintained during the Covid-19 pandemic.
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The Judicial Panel on Multidistrict Litigation will determine whether federal BI lawsuits should be consolidated.
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The executive says carriers have not underwritten or priced for statutory developments.
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The project is one of a number of initiatives stalled or postponed because of Covid-19 pressures.
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The Financial Ombudsman works within parameters that pay limited heed to legal contracts. ‘Fairness’ versus the law in Covid-19 BI disputes
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The “pragmatic" move is contingent on the gastronomy companies involved agreeing to exclusions on existing policies.
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The amendment would have forced insurers to cover claims, even where cover does not exist.
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The potential reduction in care requirements for disabled people could lead to legal challenges.
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The proposed legislation would mandate the payment of claims for businesses with fewer than 100 employees.
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The Hiscox Action Group and the Night Time Industries Association says the 500 policyholders have BI cover worth up to £100,000 each.
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The bill has bipartisan support but is expected to be subjected to substantial committee scrutiny.
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The Simon Wiesenthal Center teams with a litigant group established by four high-profile American chefs.
Most Recent
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Daily Digest: Top news from 29 May
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