FCA sets out timetable for UK insurance legal battle

By Tyler Davies
01 Jun 2020

The Financial Conduct Authority expects that a court case determining whether UK insurers have to pay out on business interruption claims as a result of Covid-19 will be settled by the end of July.

The FCA stepped in at the beginning of May to help resolve the dispute.

It has been collating a set of representative business interruption (BI) policies to be examined by the UK’s High Court, which will then decide whether policyholders are entitled to compensation because of the ...

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