Legal Affairs / General

Covid-19 insurance claims and physical loss (US)

Another American court in G & A Family Enterprises, LLC d/b/a Smokin’ Pig BBQ & Others v American Family Insurance Company 1: 20-CV-03912-JPB has held that State-imposed Covid-19 restrictions do not qualify as a “direct physical loss” under the insurance policy held by the insureds.

Making the Covid-19 Vaccine Injury No-Fault Compensation Scheme work

The Covid-19 Vaccine Injury No-Fault Compensation Scheme rules were published under the Disaster Management Act last month. The regulations establish that scheme under the auspices of the National Department of Health.

Powers of the Financial Services Tribunal

Industry role players who have found themselves subject to regulatory action taken by the Prudential Authority (PA) or the Financial Sector Conduct Authority (FSCA) may apply to the Financial Service Tribunal (FST) for reconsideration of that action. Reasons for the decision can be requested within 30 days and the application must be made within 30 days after receiving the reasons, or if no reasons are requested within 60 days after notification of the decision.

Pension Fund Adjudicator: Complainants cannot keep raising new issues