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Wednesday 24 February 2021

FCA BUSINESS INTERRUPTION INSURANCE LETTER

 Hi,  it’s Deborah and Euzi


Following the Supreme Court decision in the Financial Conduct Authority's (FCA) non-damage business interruption (BI) insurance test case, the FCA has published a Dear CEO letter, setting out its expectations of insurers, following the judgment, with particular focus on insurers paying valid claims as soon as possible, in order to support policyholders...


https://www.fca.org.uk/firms/business-interruption-insurance#latest-updates



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