{"id":112795,"date":"2025-02-27T06:47:03","date_gmt":"2025-02-27T06:47:03","guid":{"rendered":"https:\/\/peraltafinancing.com\/business\/insurance\/court-delivers-ruling-on-landmark-insurance-litigation\/"},"modified":"2025-02-27T06:47:03","modified_gmt":"2025-02-27T06:47:03","slug":"court-delivers-ruling-on-landmark-insurance-litigation","status":"publish","type":"post","link":"https:\/\/fivemor.com\/?p=112795","title":{"rendered":"Court delivers ruling on landmark insurance litigation"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div>\n<p paraeid=\"{bceba894-d5db-4742-8898-10e160314a7a}{191}\" paraid=\"1764280416\">In its January 2024 decision, the High Court determined that the policies in question were composite policies, meaning each insured party had a separate contract with the insurer, and that policy limits applied individually. The court also ruled that CJRS payments, commonly known as furlough payments, reduced the insureds\u2019 wage costs and should be deducted from the indemnity payable.\u00a0<\/p>\n<\/p><\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>In its January 2024 decision, the High Court determined that the policies in question were composite policies, meaning each insured party had a separate contract with the insurer, and that policy limits applied individually. The court also ruled that CJRS payments, commonly known as furlough payments, reduced the insureds\u2019 wage costs and should be deducted [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":112797,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[94],"tags":[50474,410,50473,13050,11034,10830,50475,22414,18484],"dealstore":[],"offerexpiration":[],"class_list":["post-112795","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-insurance","tag-bath-racecourse","tag-court","tag-court-of-appeal","tag-delivers","tag-insurance","tag-landmark","tag-liberty-mutual","tag-litigation","tag-ruling"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v26.4 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Court delivers ruling on landmark insurance litigation - Som2ny Network<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fivemor.com\/?p=112795\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Court delivers ruling on landmark insurance litigation - Som2ny Network\" \/>\n<meta property=\"og:description\" content=\"In its January 2024 decision, the High Court determined that the policies in question were composite policies, meaning each insured party had a separate contract with the insurer, and that policy limits applied individually. 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