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High Court rules in favour of FCA for majority of Covid-related BI wording interpretations

By and 2020-09-15T12:18:00

High Court (2)

As the High Court ruling was revealed this morning, Insurance Times finds out what some of the industry thinks about the verdict

Policyholders who had business interruption (BI) claims linked to the coronavirus pandemic but rejected by insurers have today been vindicated, as the High Court has ruled in favour of the FCA’s interpretation of non-damage BI policy wordings across the majority of key contention areas.

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