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Axa to appeal pandemic claims payment ruling

Posted On: Sep. 18, 2020 8:51 AM CST

Business interruption

French insurer Axa SA plans to appeal a Paris court's ruling ordering it to pay five restaurant owners' COVID-19 pandemic-related business interruption claims, Reuters reported. Axa has been at the center of a row in France over whether insurers should honor policies after businesses were hurt by the pandemic.

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