Test case over virus-hit British business insurance will be legally binding - FCA
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LONDON (Reuters) - Britain's Financial Conduct Authority said on Friday that a test case it is bringing to clarify uncertainty over whether small businesses can claim compensation for disruption caused by the coronavirus pandemic would be legally binding.The regulator turned to the courts after small businesses such as restaurants, cafes and nightclubs said their insurance claims related to the coronavirus pandemic were being denied.A national lockdown to fight the pandemic has forced many..