Commercial Court rules ‘no riot’ for insurers or business - .PDF file.
By Paul Eccles
The Commercial Court has ruled that consequential losses arising from riots cannot be recovered from the public purse.
Rioting in cities and towns across the UK in August 2011 brought into sharp focus insured and uninsured losses for businesses.
The Riot (Damages) Act 1886 provides that where premises are damaged or destroyed by rioters, anyone who suffers loss as a result, including insurers, can claim fair compensation from the statutory body responsible for overseeing the local police…
If you are registered and logged in to the site, click on the link below to read the rest of the Shoosmiths briefing. If not, please register or sign in with your details below.