On September 15, 2020, London’s High Court has handed down its judgment in the Financial Conduct Authority’s (FCA) business-interruption insurance coverage test case, finding in favor of the policyholders on the majority of critical issues. (Photo: Shutterstock) On September 15, 2020, London’s Excessive Court docket has handed down its judgment within the Monetary Conduct Authority’s (FCA) business-interruption insurance coverage protection take a look at case, discovering in favor of the policyholders on nearly all of vital points. (Photograph: Shutterstock)

International insurer QBE introduced that it’s planning to enchantment the U.K test case judgment on whether or not enterprise interruption insurance policies ought to cowl losses associated to the COVID-19 pandemic.  The judgment would expose QBE to round $170 million in extra claims.