FBD says pub court decision is limited to specific policies
The insurer has told most of its customers that their policies don‘t cover Covid-19, and is refusing to pay the plaintiffs’ full legal costs
The majority of FBD’s business customers have no cover for losses caused by the Covid-19 pandemic and will not have any potential claims paid out, according to the insurer.
The High Court ruled in a test case earlier this month that four publicans and about 1,300 more business owners with the same policy were entitled to compensation for losses suffered as a result of the pandemic.
The ruling could have wide-ranging implications for thousands...
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