FCA provides update on business interruption insurance test case appeals process
Released 30 September 2020
The Financial Conduct Authority (FCA) has provided an update on its position following the recent High Court decision in its business interruption insurance test case.
The FCA says it will continue discussions with insurers and action groups, to find a solution which resolves the outstanding issues as soon as possible to enable pay-outs on eligible claims.
Further information can be found at https://www.fca.org.uk/news/press-releases/further-update-business-interruption-insurance-test-case-appeals-process.