FIN.

BI insurance declarations submitted to Supreme Court

FCA and the other parties to the test case have made submissions to the Supreme Court on the form of declarations. FCA has published a draft of the declarations, showing what is agreed and what is still in dispute, together with its own submissions and those of the various insurers. FCA is expecting that the court will issue the declarations without a further hearing, but does not know when this is likely to be.  However, it doesn’t think insurers need to wait for the declarations as it says the judgment is clear enough.

Emma Radmore