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16 Feb 2009, 2:46 am
Similarly, on the notification issue, it was held that the judge's conclusions regarding the construction of the notification clause had been correct, and, relying on the recent decision in HLB Kidsons (A Firm) v Lloyds Underwriters (2008) EWCA Civ 1206, that he was correct to apply an objective test as to whether the dispute had reached a stage where notification was required. [read post]
10 Feb 2009, 7:17 am
Apart from that, he adds:"Capital, credit and underwriting standards should be subject to more "dynamic regulation". [read post]
2 Feb 2009, 1:35 pm
The Court cited the three-step process to be followed in assessing whether a claim triggers the obligation to defend which was outlined by the Supreme Court of Canada in Non-Marine Underwriters, Lloyds of London v. [read post]
16 Jan 2009, 1:56 am
Each year, a managing agent will be required to provide information in its business plan relating to any association or current or proposed underwriting transaction which may give rise to a conflict of interest. [read post]
15 Jan 2009, 12:33 am
Following the grant of the license, Lloyd's underwriters will be able to write business in Guernsey via coverholders. [read post]
24 Dec 2008, 8:28 am
Certain underwriters at Lloyd's LondonWESTCHESTER COUNTYFamily LawPetition to Terminate Parental Rights for Abandonment Is GrantedMatter of Abel Santiago BecerraU.S. [read post]
9 Dec 2008, 5:56 pm
Of course, while he was at Lloyd's the merchant might pick up a bit of money by signing on as an underwriter on another merchant's insurance contract. [read post]
3 Dec 2008, 4:54 pm
CIVIL PROCEDURE Those Certain Underwriters at Lloyds, London v. [read post]
21 Nov 2008, 8:04 am
Mindful of how powerful the remedy of avoidance can be in the hands of an insurer or reinsurer, he added that such a ruling could permit a contract to be avoided for a wholly innocent misrepresentation about anything material to the risk in the eyes of a prudent underwriter. [read post]
12 Nov 2008, 1:49 pm
In the case of HLB Kidsons v Lloyd's Underwriters subscribing to Lloyd's policy No 621/PK1D000101 & Others [2008] EWCA Civ 1206, the Court of Appeal has given useful guidance on when notification of circumstances which may give rise to a claim is effective. [read post]
11 Nov 2008, 9:00 am
Failure or causing or permitting a failure to organise and control the business of an underwriting agent in a responsible manner or to maintain proper records and systems for the conduct of its business and the management of risk (Principle 9). [read post]