In this Covid-19 business interruption judgment [SCA judgment in AIG v 43 Air School and others], the Supreme Court of Appeal maintained its broad interpretation of the insured peril of an infectious disease extension, despite the contrary interpretation adopted by the UK Supreme Court.
The court ruled that the policy provided cover
In this Covid-19 business interruption judgment [SCA judgment in AIG v 43 Air School and others], the Supreme Court of Appeal clarified the distinction between joint and composite policies of insurance in relation to the multiple insureds of one insurer under one policy.
The policy included an extension which provided cover for interruption to
The High Court has found that a towing company’s lien could be substituted by adequate security provided by an insurer.
The dispute between the parties related to the release of a motor vehicle which was insured by the insurer, the applicant. The motor vehicle was involved in an accident and subsequently towed by the towing
In May 2024 the Federal Court of Australia held that an insurer’s primary obligation to meet the costs of reinstatement of damaged insured property necessarily extends to the cost of remediating any further damage to the property which is relevantly connected to that primary obligation. This principle applies regardless of whether the insurer’s obligation is
In this Australian judgment Commens t/as Subsonic Music v Certain Lloyd’s Underwriters subscribing to Policy No ALTCNX1900332 (Trial Judgment) [2024] FCA 434 the question for determination was whether the insurer’s music festival cancellation was necessary and the sole and direct result of a cause not otherwise excluded. The policy defined “cancellation” as the “
The FCA Test Case appeal in the UK Supreme Court dealt with the meaning of “inability to use” business premises in the relevant non-damage extensions to the business interruption section of the policy considered by the court.
The relevant non- damage Public Authority clauses did not cover all business interruption due to “restrictions imposed” by