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On Nov. 16, the U.K. business interruption insurance test case appeal began with several major insurance companies claiming to the U.K. Supreme Court that it is inappropriate to assume there could be unlimited coverage during a pandemic. (Photo: Victor Moussa/Shutterstock) On Nov. 16, 2020, the U.K. business interruption insurance test case appeal began with several major insurance companies claiming to the U.K. Supreme Court that it is inappropriate to assume there could be unlimited coverage during a pandemic. (Photo: Victor Moussa/Shutterstock)

(Bloomberg) — Insurers face increased COVID-19 payouts to small businesses that were forced to close during the lockdown, as the U.K.’s top court ruled in favor of policyholders in a dispute over coverage.

The U.K. Supreme Court ruled Friday, Jan. 15, that policies sold by six firms, including RSA Insurance Group Plc and Hiscox Ltd., cover losses sustained when businesses were shut down to help slow the spread of the outbreak. The firms had appealed a lower-court decision in September that found some policies in a test case brought by the U.K.’s top markets regulator should payout.

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