News Coronavirus watch21 Jul 2020

UK financial regulator rebukes insurers over BI claims at court hearing


On the first day of an eight-day hearing regarding a case brought by the Financial Conduct Authority of UK (FCA), London's High Court was told that some of the world's biggest insurers are wrong to deny a pay-out to hundreds of thousands of small British businesses which were battered by the COVID-19 pandemic.

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