Policyholders

CYBER INSURANCE REQUIREMENTS IN COMMERCIAL CONTRACTS: GETTING IT RIGHT

Cyber incidents have the capacity to cause many different types of loss.  Insurance coverage exists for at least some aspects of cyber risks in the UK market.  However, given the range and diversity of risks that may arise, there are … Continue reading

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Filed under Legal/Regulatory, Policyholders

CONSTRUCTION OF EXCLUSIONS IN INSURANCE POLICIES

In Crowden and Crowden v QBE Insurance (Europe) Ltd [2017] EWHC 2597 (Comm) the Commercial Court found in favour of the Defendant insurer on the disputed construction of an “insolvency” exclusion in a professional indemnity insurance policy.  The case is … Continue reading

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High Court refuses to order pre-action disclosure of a defendant’s public liability insurance policy

In Peel Port Shareholder Finance Co Ltd v Dornoch Ltd [2017] EWHC 876 (TCC), Peel Port Shareholder Finance Co Ltd (Peel Port) applied for pre-action disclosure of the defendant’s insurance policy under Civil Procedure Rule 31.16. Peel Port was not … Continue reading

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New right to claim damages for late payment of insurance claims comes into force this week

New provisions in the Enterprise Act 2016 (“the Act”) which give policyholders a potential right to claim damages in the event of late payment of insurance claims, come into force this week on 4 May.  The new law will apply … Continue reading

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Supreme Court construes aggregation provision in minimum terms and conditions of professional indemnity insurance

The Supreme Court has today handed down its judgment in AIG Europe Limited v Woodman and others [2017] UKSC 18. The Supreme Court allowed the appeal, and remitted the case back to the High Court. It held that determining the meaning … Continue reading

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Court of Appeal considers meaning of notification wording

The Court of Appeal has upheld a decision of the Commercial Court that found an insurer could not rely on a notification condition precedent to avoid liability under a public and product liability policy. The judgment in Zurich Insurance PLC … Continue reading

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Insurance and Reinsurance Disputes Annual Review 2016 published

We are pleased to share with you our Insurance and Reinsurance Disputes Annual Review of 2016, published today, which provides an overview and analysis of the key cases and developments affecting those engaged in or with contentious matters in the … Continue reading

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Filed under Annual Review, Case law, Insurers, Intermediaries, Policyholders

Reminder to brokers of the need to advise insureds on policy terms

In RR Securities Ltd v Towergate Underwriting Group Ltd [2016] the Court held a broker liable for failing to advise its insured client that certain safety precautions were required by insurers as a condition precedent to cover under a property … Continue reading

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High Court construes wording as aggregating language to give effect to limit of liability

In Spire Healthcare Limited v Royal & Sun Alliance Insurance Plc [2016] EWHC 3278 (Comm), the High Court considered the wording of a clause in an insurance policy and was prepared to interpret the clause as an aggregating clause. Although … Continue reading

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Court of Appeal confirms insured’s entitlement to a declaration of indemnity for cost of reinstatement of property damaged by fire

In Great Lakes Reinsurance (UK) SE v Western Trading Limited [2016] EWCA Civ 1003 the Court of Appeal confirmed that the court may make a declaration that an insured under a property insurance policy is entitled to be indemnified for … Continue reading

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