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FCA called out as ‘shining example of regulatory intervention’ for test case action

By Insurance Times 2020-09-16T14:39:00

Legal professionals are applauding the FCA’s prompt response to the conflict between insurers and policyholders surrounding Covid-19-related business interruption (BI) claims as the High Court yesterday published its verdict on the eight-day test case that sought to clarify non-damage BI policy wordings and their interpretation.

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