Insurers' intent with regards pandemics 'not relevant or admissible', FCA will argue in High Court test case
Insurers’ contentions that wordings in business interruption policies are not designed to and do not provide cover in the event of pandemics will be disputed by the Financial Conduct Authority when it brings a test case before the High Court next month.
The regulator is seeking to resolve uncertainty over the construction of non-damage business interruption policies in aid of settling disputes that have broken out between insurers and policyholders
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