LONDON — Major insurance companies told the UK Supreme Court on Monday it was wrong to assume there could be...
Financial Conduct Authority News
London judges have ruled that some of the world’s biggest insurers were wrong to reject tens of thousands of claims...
LONDON — Insurers that do not treat customers fairly when calculating payouts for business interruption due to the coronavirus crisis...
A recent ruling from a Michigan judge that business interruption claims payouts require tangible alteration to a property may have...
LONDON — The biggest uncertainty now facing insurers is whether they will have to pay for a raft of business...
LONDON — Britain’s Financial Conduct Authority (FCA) aims to get business interruption insurance policies examined by a court as soon...
Britain’s financial watchdog said on Friday it would urgently ask the courts to clarify uncertainty over whether businesses can claim...
LONDON — World insurers told governments on Monday that making them pay out on losses suffered due to the coronavirus...
The U.K. regulator has a message for insurers facing a likely deluge of coronavirus-related claims: play fair. Customers have found...
LONDON — Britain’s Financial Conduct Authority (FCA) is investigating whether sharing data with outside competitors could be extended beyond banks...