Question to the HM Treasury:
To ask the Chancellor of the Exchequer, what estimate he has made of the number of Business interruption insurance claims that have been paid out since the Supreme Court ruling.
The Financial Conduct Authority (FCA) is the independent non-governmental body responsible for regulating and supervising the financial services industry.
The FCA has set out its expectation that insurers should move quickly to resolve claims as determined by the Supreme Court judgment, making interim payments wherever possible.
The Government is working closely with the FCA to ensure that the rules are being upheld during this crisis and fully supports the regulator in its role.