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Book Cover
E-book
Author Owen, Alastair

Title The Law of Insurance Warranties Flawed Reform and a New Perspective
Published Milton : Informa Law, 2021

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Description 1 online resource (308 p.)
Series Lloyd's Insurance Law Library
Lloyd's insurance law library.
Contents Cover -- Half Title -- Series -- Title -- Copyright -- Dedication -- Contents -- Detailed Contents -- Acknowledgements -- Foreword -- Table of cases -- Table of legislation -- Chapter 1 Introduction -- Chapter 2 The origin and history of warranties -- Early marine insurance -- The origin of insurance warranties -- Implied warranty of seaworthiness -- Early instances of illegality -- Causation -- Role of Lord Mansfield -- Marine Insurance Act 1906 -- Chapter 3 The law relating to warranties prior to the Insurance Act 2015 -- Definition of a warranty
The legal effect of a breach of warranty: The Good Luck case -- Waiver of breach -- Non-statutory attempts to address the shortcomings in the warranty regime -- Chapter 4 Implied warranties and the case for a separate regime for marine insurance -- Implied warranties -- Implied warranty of seaworthiness -- Time policies -- The burden of proof -- Contemporary relevance of the implied warranty of seaworthiness -- Other warranty-like provisions relating to marine insurance -- The implied warranty of legality
Commercial practice in the London marine insurance market: is a separate regime for marine insurance justified? -- Chapter 5 The Law Commission's previous reports and recommendations on warranties -- The Commission's 1980 report -- Law Commission Insurance contract law issues paper 2 warranties, November 2006 -- Law Commission Consultation Paper No. 182 Insurance Contract Law: misrepresentation, non-disclosure and breach of warranty by the insured, November 2007 -- Criticism of the reasonable expectations approach
Law Commission Consultation Paper No. 204 Insurance Contract Law: the business insured's duty of disclosure and the law of warranties, a joint consultation paper, June 2012 -- The Commission's 2014 report and the Insurance Act 2015 -- Chapter 6 The law on insurance warranties in Australia -- Non-marine insurance: s54 of the Insurance Contracts Act 1984 -- Background -- S54 Insurance Contracts Act -- Substance over form -- The key elements of s54 -- (A) Questions of scope: when does s54 apply? -- (B) The requisite effect -- (C) The treatment of omissions
(D) Does s54(1) or s54(2) apply and what amounts to prejudice? -- The cutting edge: recent cases that illustrate that s54 continues to generate controversy -- (i) Maxwell v Highway Hauliers -- (ii) Pantaenius Australia Pty Ltd v Watkins Syndicate 0457 at Lloyd's -- (iii) Allianz Australia Insurance Ltd v Inglis -- (iv) DIF III -- Global Co-Investment Fund LP v Babcock & Brown International Pty Limited -- Review of s54 of the ICA by Cameron and Milne, commissioned by and submitted to the Australian Government, October 2003 -- The problem defined -- Impact of s54 on the market
Notes Description based upon print version of record
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Form Electronic book
ISBN 9781000398519
100039851X