Insurance Bill [HL]

Most of the Bill is derived from recommendations from the Law Commission and Scottish Law Commission and the Bill will be treated according to the procedures associated with Law Commission measures. The Bill includes provisions on disclosure; warranties and the treatment of fraudulent claims. The Bill requires insurers to act with ‘good faith’; limits the use of warranties in contracts and provides for the expansion of the groups of individuals or companies which can be affected by the existing third party rights against insurers provisions.