UK COVID-19 Insurance Dispute Could Be Heading to Supreme Court as Talks Falter

Britain’s markets regulator said on Wednesday it had failed to strike a deal with major insurers over prompt payouts to small businesses battered by the coronavirus pandemic, dashing hopes that a Supreme Court appeal could be easily avoided.

The Financial Conduct Authority (FCA) set a Wednesday deadline for talks with insurers, such as QBE and RSA, to ensure eligible business interruption (BI)

Read more