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Australian insurers face BI legal slog after "one shot" plan backfires
29 January 2021
Published in: Risk, Conduct risk, ROW, Covid-19
Companies: IAG, Suncorp, QBE, Fitch Ratings, Clarke Cann Lawyers, Maurice Blackburn, Berrill & Watson
After failing spectacularly to prove they were not liable for business interruption claims related to Covid-19 lockdowns, Australian underwriters are now facing the prospect of numerous and lengthy court cases. David Walker reports