Hiscox policyholders bid to join watchdog in UK insurance test case
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LONDON (Reuters) - An action group representing almost 400 British businesses shut by the coronavirus pandemic has made a bid to team up with Britain's markets watchdog to bolster a High Court case to decide which insurers should pay out.The Hiscox Action Group on Wednesday formally applied to "give victims a voice" in the Financial Conduct Authority's (FCA) test case, that will pitch the regulator against eight insurers and see a London judge pore over selected insurance policy wordings.The FCA..