Don’t Be Tricky With Virus Claims, Watchdog Warns U.K. Insurers
- Firms must recognize that coronavirus is changing behavior
- Insurers like LV= and Aviva have ceased offering travel cover
A logo sits on display in the headquarters of the Financial Conduct Authority in London.
Photographer: Chris Ratcliffe/Bloomberg
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The U.K. regulator has a message for insurers facing a likely deluge of coronavirus-related claims: play fair.