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Supreme Court backs Covid-19 insurance payouts

The Supreme Court has mostly accepted an FCA appeal which opens the door to Covid-19 business interruption (BI) insurance payouts.


Watchdog fines comparison site £17.9m

The Competition Markets Authority (CMA) has fined ComparetheMarket £17.9m after it found that clauses used in the comparison site’s contracts with home insurers breached competition law.


2 insurers buy MoreThan owner in £7.2bn deal


Insurer RSA has recommended acceptance of a £7.2bn cash bid for the company from Canadian insurer Intact and Danish insurer Tryg.


FOS receives 3,500 Coronavirus related complaints

Rejected insurance claims and complaints about the speed of providers' admin have formed the majority of the 3,500 Coronavirus pandemic-related complaints received by the Financial Ombudsman Service.

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