Businesses urged to wait for FCA test case to streamline BI legal storm
Action group members challenging insurers over rejected coronavirus-related business interruption claims would be better off waiting for the outcome of the Financial Conduct Authority's test case before embarking on proceedings, an expert advising affected businesses has cautioned.
The FCA is preparing to bring a test case before the High Court in July to rule on whether or not a sample of policy wordings provide cover for losses suffered as a result of the pandemic and
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