WedWednesday 27
JanJanuary 2021 at 7:12pm
Bonza Bike Tours is one of thousands of Australian small businesses that has seen revenue drop during the pandemic.
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Insurance giants facing COVID-19 payout class actions after stuff up with contract fine print
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WedWednesday 27
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WedWednesday 27
Bonza Bike Tours relies largely on tourism to keep it profitable.
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Furious small business owners are vowing to fight to the end against Australian insurance companies, in an increasingly heated battle over pandemic payouts that is likely to drag on for years.
Key points:
Court decisions are calling that into question
Lawyers at several firms are investigating potential class actions against the industry
There are now at least five legal firms investigating potential class action lawsuits against the insurance industry over its denial of business interruption (BI) policy payouts during the pandemic.