FCA proposes £7.5mn fee to recover BI test case costs
The UK’s financial services watchdog is proposing a new levy on insurers to recover £7.5mn ($10.5mn) in legal costs emanating from the business interruption (BI) test case.
The UK’s financial services watchdog is proposing a new levy on insurers to recover £7.5mn ($10.5mn) in legal costs emanating from the business interruption (BI) test case.