R (Manchikalapati) v Financial Services Compensation Scheme

Subject Matter

INSURANCE — Liability insurance — Statutory scheme — Insurer declining policyholders’ claims under insurance policies — Court ordering insurer to pay damages, interest and costs to policyholders — Insurer paying damages but going into administration without paying interest or costs — Policyholders seeking to recover interest and costs under compensation scheme — Whether claim for compensation “in respect of a protected claim” — Guidance on approach to interpreting compensation scheme rules — Policyholder Protection Rules, rr 1.2, 3.1(2), 9.1

[2023] EWCA Civ 1006; [2024] 1 WLR 1383; [2024] 2 All ER 232; [2024] 1 All ER (Comm) 929; [2023] WLR(D) 372, CA

Commentary

Legal Futures
Insolvent insurer’s policyholders fail in claim over unpaid legal costs Case news

RPC Perspectives
Court of Appeal finds in favour of FSCS on scope of the Policyholder Protection Rules (PRR) Case comment

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