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Comment: UK financial regulator's insurance court win can help rebuild its reputation

By Fiona Maxwell ( September 16, 2020, 13:51 GMT | Comment) -- The UK's financial-services watchdog has a shot at repairing its battered reputation, after scoring a court win yesterday for policyholders in a landmark insurance test case at the High Court. The Financial Conduct Authority saw judges back most of its arguments — a welcome outcome after a series of criticisms for failing to keep a lid on consumer harms, lackluster enforcement and a toxic culture.As all sides digest the meat of yesterday's complex UK court judgment on UK insurers' liability for business policyholders' claims for Covid-19 losses, one clear winner has been the country's financial-services watchdog....

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