The government has introduced the Insurance Bill to Parliament, aimed at updating the 100 year-old rules governing contracts between businesses and insurers.
The bill is the product of recommendations made to the government by the Law Commission and the Scottish Law Commission following eight years of consultation with businesses and insurers.
HM Treasury informally consulted on the Bill in June 2014.
The reforms contained in the bill cover three main areas: disclosure and misrepresentation in
The Insurance Age team examine the most read stories for the week commencing 3 June 2019.Subscribe to our daily newsletter for all the latest news
- GRP-owned Sagars buys Thomas Cook
- Three directors out as Policy Expert buys loss-making Sure Thing!
- Markel launches tech sector proposition
- Hiscox creates Cyber Exposure Calculator
- Elite proposes solvency scheme to avoid liquidation
- Momentum Broker Solutions unveils 2018 results
- Zurich-owned N&G launches new small craft product