Australian Federal Court upholds ruling in favour of insurers in second BI case
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Australian Federal Court upholds ruling in favour of insurers in second BI case

The Full Court of the Federal Court of Australia has substantially upheld an October ruling in favour of insurers in the second case concerning pandemic BI losses.

A judgment was handed down yesterday in an appeal of a decision last year, in which Justice Jayne Jagot ruled that, due to clauses in insurers’ BI policies covering infectious diseases, cover was only present for closures relating to...

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