Regulator tells insurers to assess COVID-19 claims fairly
Posted On: Aug. 6, 2020 7:52 AM CSTU.K.'s Financial Conduct Authority has warned insurers to handle and assess COVID-19 pandemic-related business interruption claims promptly and fairly in situations where they have accepted liability, Asia Insurance Review reported. This comes after policyholder complaints, stakeholders and media reports said that a few insurers are making deductions for some types of government support policyholders have received over the past few months.