ARTICLE
1 August 2014

Law Commissions Recommend Reform Of UK Insurance Law

SS
Shearman & Sterling LLP

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On July 17, 2014, the Law Commission of England and Wales and of Scotland published recommendations for the reform of UK insurance law.
UK Insurance
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On July 17, 2014, the Law Commission of England and Wales and of Scotland published recommendations for the reform of UK insurance law. The reforms cover the duty of disclosure in business and other non-consumer insurance, warranties, insurers' remedies for fraudulent claims and late payment of insurance claims. The recommendations are included in the Insurance Bill, which was introduced to the House of Lords on July 17, 2014, and will become law if that Bill is enacted.

The report is available at: http://lawcommission.justice.gov.uk/publications/insurance-contract-law.htm.

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