FCA business interruption test nears conclusion but ruling not for a few weeks

Credit: iStock/Chansom Pantip

A landmark court case between the Financial Conduct Authority (FCA) and eight insurers over disputed business interruption (BI) losses in the UK caused by the coronavirus pandemic is due to conclude on Thursday. The result will be binding on the eight insurers, but it will also have implications for scores of insurers and thousands of policyholders. The hearing in the…

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