The FCA will look at 17 policy wordings from the eight different insurers and ask whether COVID-19 triggers a payout. (Credit: Shutterstock) The FCA will look at 17 policy wordings from the eight different insurers and ask whether COVID-19 triggers a payout. (Credit: Shutterstock)

Financial regulators in the United Kingdom are set to begin a test case on behalf of thousands of businesses that claim they should have been paid by insurers to cover closures during the coronavirus pandemic.

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Denny Jacob

Denny Jacob is an associate editor for NU PropertyCasualty360. Contact him at [email protected].