UK businesses eligible for billions in pandemic insurance claims

Businesses in the United Kingdom hit by lockdowns due to the coronavirus pandemic can receive compensation from their insurance companies following a decision by the UK Supreme Court to dismiss appeals by various insurance companies that said the pandemic was not a business interruption. Six commercial insurers argued that the UK’s first lockdown should not be covered; however, the court disagreed and now British businesses can begin the process for requesting payouts that could reach billions of English pounds.