Quinn Insurance case ends uncertainty over limitation period, says law firm
Insurers won a major victory in the courts this week when the High Court ruled in favour of Quinn Insurance in a case that found claims must be brought within six years from when an insurer declines liability, according to Browne Jacobson.
Browne Jacobson said that under the Limitation Act 1980 claims must generally be brought within six years after it has been established, either by a judgement or settlement, that the insured is legally liable.
The firm added that what has been unclear to date is whether the period of time also starts to run from the time an insurer declines indemnity but that the case of WM Swindon Limited v Quinn Insurance Limited has clarified the position.
The case involved a building company named Lenihan
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