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Insurers to appeal business interruption ruling

Posted On: Oct. 1, 2020 9:01 AM CST

Coronavirus

 

Seven insurers plan to appeal the Supreme Court's ruling on the U.K. Financial Conduct Authority's test case for non-payment of COVID-19 pandemic-related business interruption claims, Vershicherungswirtschaft-Heute reported. The court ruled in favor of customers and said that policies cover most of the losses caused as a result of the pandemic.

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