In a victory for hundreds of small businesses facing ruin because of Covid-19 and the resulting lockdown, SA's financial services regulator has come out strongly against insurers refusing to pay out on claims caused by losses resulting from the pandemic.
The Financial Sector Conduct Authority says it will take action against short-term insurers which continue to reject claims under business interruption policies on the ground that losses were caused by the national lockdown and not the infectious or contagious notifiable disease covered by the policies.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
Market data — July 9 2020Market data including bonds, unit trusts and fuel prices
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »
MARKET WRAP: Rand firms as gold takes a little breatherThe JSE all share reached its best level in more than four months earlier, before retreating a little
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »
MARKET WRAP: Platinum miners erase 2020 loses despite still-lower metal priceThe gold price has breached the psychologically important $1,800/oz, its highest level since 2011, as investors continue to pile into safe havens
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »
Fonte: TheCitizen_News - 🏆 6. / 75 Consulte Mais informação »
Rand gains along with emerging-market peersThe US Fed indicates more stimulus as Covid-19 surges in that country, and investors move to safe-haven assets such as gold
Fonte: BDliveSA - 🏆 12. / 63 Consulte Mais informação »
FSCA slams insurers over business interruption stanceThe Financial Sector Conduct Authority says insurers avoiding paying business interruption claims where no grounds exist to do so are acting contrary to the Treating Customers Fairly regulatory regime
Fonte: IOL - 🏆 46. / 51 Consulte Mais informação »