FBD’s interpretation of its pub policy is ‘absurd’, court hears
The insurer’s refusal to pay business interruption claims over Covid-19 closures is ‘self-serving’, counsel for publican says
FBD’s interpretation of a business interruption insurance policy sold to publicans would result in “absurd” and “anomalous” outcomes if upheld, the Commercial Court has heard.
In a test case taken by four pub groups over the non-payment of business interruption claims relating to the Covid-19 pandemic, FBD has argued that the insured peril covered by the policy was the enforced closure of the business and not an outbreak of...
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