UK watchdog sets framework for insurers' Covid-19 court battle

LONDON (Reuters) - Britain's Financial Conduct Authority said it has selected a sample of insurance policy wordings for a court to consider in July if insurers should pay claims from companies hit by the Covid-19 pandemic.The FCA said it has selected 17 examples from business interruption insurance policies used by 16 insurers who have entered into a framework agreement with the regulator for governing the process and timetable for the test case."Given the representative nature of the policies..