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Australian businesses fight insurance industry for payouts over coronavirus revenue losses TueTuesday 15 Detlef Haupt in his Sydney cafe. ( Share Print text only Cancel Detlef Haupt survived a near-knockout blow when the COVID-19 economic crash drained his cafe of customers and put the future of his 15-year-old business on the line. Key points: Australians are battling insurers to claim pay-outs they say they are entitled to as a result of lost revenue due to COVID-19 Some insurers are relying on fine print in policies that reference legislation that no longer exists The insurance industry has defended itself, saying that paying out such claims would cost $10 billion

United kingdomAndrew hallJohn berrillDamien codyDetlef hauptWales supreme courtInvestments commissionUnited kingdom high courtFinancial conduct authorityInsurance council of australiaHigh courtAustralian securitiesInsurance councilQuarantine actBiosecurity actNew south wales supreme court