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A moment of clarity - Apr/May Journal 2013

Technical articles | 30 April 2013
As the Consumer Insurance Act comes into force, Nick Young and James Deacon reveal how it makes clear information from insurers imperative...

Changes in insurance law - an end to the duty of disclosure?

Training unit
Changes in insurance law - an end to the duty of disclosure? (introductory) The duty of good faith is fundamental to the business of insurance. This new Act has important implications for all staff who work in connection with personal lines of insurance, either as employees of insurance ...

Insurance Broking Faculty BIBA Bulletin January 2013

Technical articles | 25 January 2013
In the first of a new series of updates produced by the British Insurance Brokers' Association for the CII's Insurance Broking Faculty, Steve White, BIBA head of compliance and training looks at changes to the Financial Services Compensation Scheme and the Consumer Insurance (Disclosure and...

Insurance contract law reform: the Consumer Insurance (Disclosure and Representation) Bill

News items | 01 May 2011
On 16 May a draft Bill to implement changes to insurance contract law was laid before parliament. Assuming the Consumer Insurance (Disclosure and Representation) Bill receives Royal Assent, it will replace the duty on consumers to volunteer information before taking out insurance, with a du...

Business insurance contract law reform video

Lectures | 18 July 2012
David Hertzell, commercial insurance law commissioner, outlines the proposed reforms to insurance contract law related to the business insured's duty of disclosure and the law of warranties. This 30 minute video is part of a series of CPD videos produced by the CII Faculties for members.

Law Commission's recommendations for consumer insurance law changes progress

News items | 01 June 2011
The Government has decided to take forward proposed reforms based on the recommendations made by the English and Scottish Law Commissions in their 2009 report 'Consumer Insurance Law: Pre-Contract Disclosure and Misrepresentation'. The Consumer Insurance (Disclosure and Representations) Bil...

Recent developments in life assurance law

Fact files | 25 January 2013
This fact file looks at key developments since 1996 in legal topics of particular relevance to life assurance. The Law Commission reviewed various legal aspects of insurance contracts in 2006 and the significant changes which will arise from this review are enacted in the Consumer Insuran...

Regulatory News Insurance Broking May 2010

News items | 01 May 2010
Regulatory News

CII Briefing: HM Treasury blueprint on reforming financial regulation in the UK

Technical articles | 01 July 2010
Following the Chancellor's June Mansion House speech, the Treasury has published a consultation setting out in more detail the Government's plans for a radical overhaul of the UK's financial regulatory architecture. Systemic/Prudential Supervision: The Bank of England will have respons...

IMA and ABI - harmonise managed/mixed investment sectors to benefit consumers

News items | 01 December 2011
The IMA and ABI have announced that they are harmonising their Managed/Mixed Investment sectors to provide greater clarity to consumers, creating consistency and comparability across insurance and investment funds. Both the IMA and ABI conducted qualitative and quantitative consumer research ...
 
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