Sauder Schelkopf is investigating class action lawsuit on behalf of businesses who purchased business interruption insurance from Hiscox. It has been reported that Hiscox, a specialist insurer, has rejected coronavirus-related business interruption insurance claims. It has been reported that Hiscox refused to accept claims by taking the position that the relevant clause means that only events at or in the vicinity of the insured premises should be covered and that the COVID-19 pandemic was not ‘an occurrence’ suggesting that word should be interpreted as meaning a single event alone.
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