Analysis: Tackling the Covid-19 business interruption surge
Insurers have paid out final settlements or interim payments on more than 20,000 business interruption claims related to the Supreme Court's January verdict, with Financial Conduct Authority figures and broker testimony suggesting that payout processing has been a 'mixed bag'.
Five months on from the Supreme Court’s judgment in the Covid-19 business interruption test case, the industry has paid out a combined £756.8m in interim payments and final settlements on 20,347
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