Partner Richard Leedham discussed the Hiscox Action Group (HAG) and the FCA test case on Times Radio. He appeared alongside Simon Ager, a climbing centre boss and member of the action group.
HAG and the Hospitality Insurance Group Action (HIGA) were granted permission to intervene in the FCA test case and participate in the trial on 26 June 2020. The trial began on 20 July 2020.
The FCA aims to obtain declarations which will provide clarity and certainty for the many insureds who have been suffering substantial financial loss as a result of COVID-19.
Richard said; "There's a lot of pressure on the FCA to do something and they've gone down this test case route.
There's a lot of precedent around causation issues…but there is no specific precedent of a Government-ordered lockdown, certainly not in this country."