A Collection is a selection of features, articles, comments and opinions on any given theme or topic. It allows you to stay up‑to‑date with what interests you most.
Login here to access your saved articles and followed authors.
We have sent you an email so you can reset your password.
Sorry, we had a problem.
Tags related to this article
Download PDF Print page
Published 29 enero 2014
The Law Commissions yesterday unveiled the first draft clauses of what may become the Insurance Contracts Act 2015 at an event hosted in our Minster Court offices in London. The draft clauses cover three key areas: business disclosure, damages for late payment and remedies for fraud. The Bill follows on from the consumer disclosure reforms contained in the Consumer Insurance (Disclosure and Representations) Act 2012.
Read more here.
In response to the drafting on damages for late payment, insurers may also want to consider:
The current provisions of the draft Bill can be found here.
The Law Commissions welcome responses on the wording of their draft provisions by 21 February 2014 to commercialandcommon@lawcommission.gsi.gov.uk
The outstanding drafting in relation to warranties and parties’ ability to contract out of the default provisions is expected within the next few months.
London - Walbrook
+44 (0)20 7894 6100
+44 (0)20 7894 6698
By Kelsey Farish, Alexander Dimitrov
By Isabella McMeechan
By Clive Garston, Francesco Rosso
By Simon Halpin
By David Freeman
By Charlotte Burke
By Neil Warwick
By Sharon McCaffrey, Barry Reynolds, Noreen Howard
By Sarah Meehan, Sharon McCaffrey, John Darmody
By Kevin Hawthorn, Rachael Reynolds
By Julian Bubb Humfryes
By Tim Ryan