Federal court rules insurers don’t have to pay out $1bn in Covid claims from businesses

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Federal court rules insurers don’t have to pay out $1bn in Covid claims from businesses
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Judge finds insurance firms don’t have to grant claims under clauses that relate to the government closing business premises due to a disease outbreak

Australia’s federal court has ruled insurance companies do not have to pay out claims over interruptions to businesses during the Covid pandemic.Australia’s federal court has ruled insurance companies do not have to pay out claims over interruptions to businesses during the Covid pandemic.

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