According to a Reuters report, small businesses like restaurants, nightclubs, wedding planners, beauty parlours etc have won the right to insurance payouts after Britain’s highest court ruled many policies should cover losses caused by coronavirus lockdowns.
Business Insurance Payments GrantedSix of the world’s largest commercial insurers — Hiscox, RSA, QBE, Argenta, Arch and MS Amlin — argued many business interruption policies did not cover widespread disruption after government efforts to...
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