Home » tags

Articles, tagged with "j watson", page 1

Bookmark and Share

Insurance Claims - Building & Real Property - Part I

03rd October 2010
Where a building has been damaged so that a partial loss has been suffered by the insured, then his loss is prima facie the cost of restoring the property to its condition immediately preceding the loss, so that it can be used for whatever purpose the ins... Read >
Author: tan2sie6

Insurance Claims - Building & Real Property - Part II

02nd October 2010
This reasoning was followed to achieve the opposite result in Exchange Theatre Ltd. v. Iron Trades Mutual Insurance Co. Ltd. [1983] 1 Lloyd's Rep 674. The insured operated a Victorian hall for bingo and discotheque gatherings and, following damage, the co... Read >
Author: tan2sie6

Insurance - Reinstatement Memorandum

02nd October 2010
Provision 4 is usually known as Reinstatement Average, and it is sufficiently common in ARPI and other insurances to be known simply as the "Reinstatement Memorandum". It is unlike normal average in that it applies to the cost of reinstating the property ... Read >
Author: tan2sie6

Errors And Omissions Clauses

01st October 2010
Although the "reasonable care" clause referred to above may sometimes entide insurers to refuse to pay a claim where the insured has been reckless, insurers often accept that the acts of the insured should not detract from the rights of co-insureds or thi... Read >
Author: tan2sie6

When Does The Duty Of Utmost Good Faith Arise - Part I

25th August 2010
Historically, the duty of utmost good faith has been considered to be a pre-contractual duty and extends up until the date when the contract is completed - not when the contract actually incepts. This is logical because the underwriter's judgement can onl... Read >
Author: tan2sie6
Bookmark and Share