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Covid-19: Business interruption insurance


15 January 2021
Insurance – Business interruption insurance – COVID-19
The Financial Conduct Authority (FCA) commenced the present test case under the Financial Markets Test Case Scheme (the scheme) for the benefit of insurance policyholders, who held insurance policies which covered them against losses arising from interruption of business, to urgently clarify whether or not there was cover in principle under a variety of different standard insurance policies for COVID-19 related business losses. The defendants were eight insurers who were leading providers of ‘business interruption’ insurance. The aim of the proceedings was to achieve the maximum clarity possible for the maximum number of policyholders and their insurers by considering a representative sample of standard form business interruption policies. The proper interpretation of four types of clauses in particular were considered, namely; (i) ‘disease clauses’; (ii) ‘prevention of access clauses’; ....

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1,000 new homes plan for Warminster gets the green light


Pip Ridout, the Wiltshire councillor for Warminster West
A MASTERPLAN that will see 1,000 new homes built on the edge of Warminster has been approved, five years after it was first suggested and despite a surge of objections from locals.
Persimmon Homes Ltd and Hannick Homes & Developments Ltd have won permission to build the homes on what is called the West Warminster Urban Extension, on land north of Victoria Road and to the west of Bath Road.
Back in 2016, Wiltshire Council considered applications for 1,403 homes for the West Warminster Urban Expansion.
Around 900 homes are likely to be delivered during the Wiltshire Core Strategy plan period to 2026, with the remainder being delivered in phases between 2026-2036. ....

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