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Businesses yet to receive payouts following London Bridge attack

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Restaurant and traders around Borough Market in London said that they have yet to receive payouts from insurers under their terrorism protection policies despite their businesses being closed for more than 10 days after the London Bridge terror attack on June 3, Express.co.uk reported. Under insurance industry rules, payouts can only be made once an event has been designated as "terrorism" by U.K.'s Treasury. The Treasury classified London Bridge as a terrorist attack at the end of June.

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