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Statement on non-damage BI settlements and deductions in relation to government support

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  • Statement on non-damage BI settlements and deductions in relation to government support

    Following the conclusion of the test case trial on 30 July, we are currently awaiting the High Court judgment on the test case to resolve uncertainty about insurers’ liability for certain Business Interruption (BI) insurance policies.* The test case does not directly address how any resulting claims payments will be calculated.* **

    https://www.fca.org.uk/news/statemen...rnment-support
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