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Business Insurance: FCA vs Insurance Industry Test Case

The Test Case that the Financial Conduct Authority is bringing against insurance companies who have not paid out on business interruption claims during the Covid-19 crisis will publish its verdict at 1030 on Tuesday 15th September.

Thanks to all of you that lobbied your MP’s, MSP’s and the FCA to force this court case to take place, and to PASC UK for leading the charge on this test case. We have everything crossed for a positive verdict.

The Board Rooms of insurance companies will be a very nervous place this weekend.

You can find updates here.

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