The FCA calculates that 26,238 policyholders out of 41,666 who have had BI claims linked to the test case action accepted have received at least an interim payment so far
Since the Supreme Court’s decision in January on the FCA’s test case around Covid-19-related business interruption (BI) claims, a total of £968,085,766 has been paid out by insurers for either interim or final BI claims payments across 26,238 claims, according to updated data published by the FCA today (16 August 2021).
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