News Coronavirus watch09 Dec 2020

Australia:Insurers to appeal to High Court regarding BI policies

After the New South Wales (NSW) Court of Appeal ruled against insurers in a test case related to business interruption (BI) losses arising from COVID-19, the board of the Insurance Council of Australia (ICA) has now agreed that an application for special leave is to be made to the High Court of Australia to appeal this ruling.

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