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U.K. Supreme Court Rules Insurers Responsible for COVID-19 Losses

The ruling deals yet another blow to an industry that has endured one of its toughest years in history.

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On Nov. 16, the U.K. business interruption insurance test case appeal began with several major insurance companies claiming to the U.K. Supreme Court that it is inappropriate to assume there could be unlimited coverage during a pandemic. (Photo: Victor Moussa/Shutterstock) On Nov. 16, 2020, the U.K. business interruption insurance test case appeal began with several major insurance companies claiming to the U.K. Supreme Court that it is inappropriate to assume there could be unlimited coverage during a pandemic. (Photo: Victor Moussa/Shutterstock)

(Bloomberg) — Insurers face increased COVID-19 payouts to small businesses that were forced to close during the lockdown, as the U.K.’s top court ruled in favor of policyholders in a dispute over coverage.

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