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Insurance industry fights on to avoid paying out millions in Covid shutdown payouts

Industry considering a second test case after losing first bid to knock out claims for business interruptions caused by the pandemic

The insurance industry is considering launching a second test case to try to avoid paying hundreds of millions of dollars to businesses forced to shut because of the coronavirus pandemic.

Insurers lost a test case on Wednesday in which the industry tried to knock out every claim for business interruption insurance lodged due to Covid-19.

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Read the original article at The Guardian

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