Supreme Court sides with FCA in BI test case in major blow for insurers
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Supreme Court sides with FCA in BI test case in major blow for insurers

Samuel Casey
15 January 2021
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Young woman wearing face mask while walking in the streets of London

The Supreme Court has found “substantially” in favour of the Financial Conduct Authority (FCA) and the Hiscox Action Group in the appeal of the BI test case, and dismissed appeals made by insurers.

The

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