January 28, 2022
High Court Judgment on Business Interruption Test Case must be followed by prompt payments to other affected businesses – Pearse Doherty TD

Sinn Féin spokesperson on Finance Pearse Doherty TD has welcomed today’s judgment by the High Court which has ruled that FBD Insurance must cover four pubs for losses suffered as a result of pandemic public health restrictions.

Deputy Doherty congratulated the publicans for their tenacity over the past 18 months which will see a wider benefit to hundreds of small businesses across the State.

Speaking today, Teachta Doherty said:

“Today’s High Court ruling is a victory not only for the four pubs that took this case against FBD Insurance, but for struggling businesses throughout the State who hold similar policies with FBD Insurance.

“Today’s judgments found that these small businesses were entitled to cover for business interruption as a result of pandemic public health restrictions, and that FBD must cover their losses.

“This was a test case that would not have been taken without the tenacity of the publicans who refused to bow down or give up despite financial pressure and stress that this process has caused.

“Since the beginning of the pandemic, FBD have claimed to engage with policyholders openly, swiftly and in good faith.

“The past eighteen months have told a different story.

“This result and the actions of the publicans involved will have a wider benefit for hundreds more who held similar policies with FBD.

“These policyholders must now be compensated by FBD for their losses without delay.

“The Central Bank must now kick into gear and step up supervision under their Business Interruption Supervisory Framework to ensure this happens.“There are outstanding issues and lessons to be learned.

“The deduction of State supports from insurance payouts remains unresolved with the Minister for Finance refusing to take action.

“The Central Bank should spell out what powers it needs through legislation to allow for test cases to be brought by the regulator on behalf of consumers as was done by the Financial Conduct Authority in Britain.

“Today is a good day for the publicans involved and those hundreds of businesses that should now benefit.”

Follow us online

Latest Tweets

In 2019, Leo Varadkar said he was giving the insurance industry 6 months to cut costs.

Here we are 5 years later and figures show that motor insurance has increased EVERY month over the last 10 months.

Sinn Féin in Government would hold the insurance industry to account, rather

Hosting Euro 2028 an ‘unmissable opportunity’ - @johnfinucane

“We must seize the opportunity to host the Euros by continuing to drive forward the redevelopment of Casement Park as a first-class facility fit to host this prestigious competition.”


Watch as Sinn Féin Senator @paul_gavan grills the Health Minister on the complete and utter failures in University Hospital Limerick and our health system.

Sinn Féin has a plan to address the healthcare issues in the Midwest. @QuinlivanTD

Load More