Insurer approaches to causation ‘legally flawed’ FCA argues in BI test case
The Financial Conduct Authority has alleged that insurers’ approach to causation in the business interruption test case is “legally flawed” and the defendants have “overlooked” contractual contexts.
The FCA is arguing on behalf of policyholders throughout the trial.
In its skeleton argument, the regulator submitted that insurers’ defences have a common theme on causation arguing that Covid-19
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