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Covid recession could lead to direct claims against insurers under Third Parties Act

By 2021-02-01T12:00:00

insolvency

Law firm solicitor emphasises that ‘there is potential for increased claims’ against insurers if their policyholders become insolvent

Insurers may be forced to fend off more direct claims against their business as the pandemic-induced economic recession brings the Third Parties (Rights against Insurers) Act 2010 into play.

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