Since May 2017 it has been possible in English law for an insured to get damages from insurers for losses caused by their unreasonable delay in paying a claim. Yet it has taken nearly five years for the first case involving so-called ‘late payment damages’ to come before the Courts. Andy Stevenson looks at the …
First English Law Judgment on Late Payment Damages Read More »
Today, we will look at the case law and show how the Courts have made their decisions on what are sometimes very fine factual distinctions indeed. Having done that, we will look at how that decision on causation impacts on policy coverage and, in particular, the exclusions that are routinely introduced into policies for things …
Causing Problems: Causation and Wear/Tear Exclusions in Property Claims Read More »
Lecture contents: This seminar looks at topical issues relating to sale and purchase of brokers and intermediaries including: Structures for sale and purchase Removing the barriers: avoiding delays Current due diligence issues – considerations for buyers and sellers, including preparation for sale Warranties, indemnities and representations – problems and protections The impact on and of …
In this lecture we discuss the following: 1. GDPR – Issues for the insurance market – Particular difficulties for reinsurers – Practical steps – revising your privacy notices and third party contracts. 2. Insurance Distribution Directive – New Customer Best Interests Rule – your obligations. – Pre-contract remuneration disclosures. – New obligations when cross selling. …
Timothy Goodger (Partner) outlines the FCA’s plans for the coming months.
Timothy Goodger (Partner) provides a reminder why creditors’/policyholders’ interests must not be overlooked for schemes.
In one of the more notable COVID-related insurance lawsuits so far, heavy metal overlords Metallica have sued “Lloyd’s of London” and others in Los Angeles Superior Court for failing to provide them with an indemnity. According to press reports, the band allege that they purchased “cancellation, abandonment and non-appearance insurance” which ought to have responded …
Metallica sue Lloyd’s of London over COVID-19 claims Read More »
