Solicitors acting for Hastings informed the Court in a witness statement that a number of employees at Hastings, located in Bexhill-on-Sea, including a witness who was to give evidence, have self-isolated because the wife of one of the employees has developed a high temperature and symptoms commonly associated with COVID-19.
Hastings is involved in a row with one of its clients over the insurance company's failure to settle a vehicle claim as agreed. Authorised and regulated by the Financial Conduct Authority (register number 311492), Hastings proposed a payout to its insured on a rear-end accident in July 2018 that was clearly the fault of the other driver.
After WireNews published an article that offended the company's management and was read by several of Hastings' employees (according to the IP addresses captured), Hastings retaliated by 'voiding' the insurance policy from before the accident without giving a reason.
Subsequently, an unsustainable excuse was offered by Hastings' management for the policy cancellation.
Also, in 2008, the Financial Conduct Authority fined Hastings £735,000 in respect of breaches of Principle 6 of the FSA's Principles for Businesses, because of wholesale cancellations of customer policies.