Coronavirus

Supreme Court sides with small firms in business interruption insurance case

Following the judgement, thousands of policyholders will now have their claims for coronavirus-related business interruption losses paid out

The Supreme Court has delivered its judgment in the Financial Conduct Authority’s (FCA)’s business interruption insurance test case, with the court’s ruling in the favour of small firms potentially forcing insurers to pay out £1.2bn in CBI claims.

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