Latest Breaking News On - Rudy capildeo - Page 1 : comparemela.com

The National Gallery shut off and deserted during the UK s third national lockdown © Amer Ghazzal/Alamy Live News The UK Supreme Court s recent ruling that insurers should pay out for business interruption (BI) policies through the coronavirus pandemic is good news for the many galleries, museums and other businesses whose incomes have been devastated. The ruling offers clarification on such insurance claims but art organisations are still not out of the woods yet, and likely will still have to fight for a payout from their insurers. Last year following the outbreak of the pandemic, the UK’s Financial Conduct Authority (FCA) brought the test case before the High Court to clarify the BI insurance rights of firms whose trading has been interrupted due to Covid-19. In September, the High Court handed down a judgment clarifying the interpretation of BI policies. That judgement was then appealed by insurers in the Supreme Court, which issued its judgment on Frida

United kingdomCity ofRudy capildeoAmer ghazzal alamyCharles russell speechlysSupreme courtLondon foundling museumHiscox groupUnited kingdom financial conduct authorityNational galleryUnited kingdom supreme courtHigh courtAlamy liveFinancial conduct authorityArt newspaperCharles russell