New Law Commission proposals to modernise aspects of existing insurance law.
Insurance Contract Law Bill (327 KB , PDF)
This is latest in a series of technical legislative measures with the broad remit of updating insurance statute law. Whilst the industry and, to an extent, commercial law have moved on, some of the statutory conditions date back over 100 years. 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 accelerated procedures associated with Law Commission measures. The Bill includes provisions on disclosure; the treatment of fraudulent claims; 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.
Insurance Contract Law Bill (327 KB , PDF)
In response to Russian military action in Ukraine, Western allies and other partners across the globe have imposed an unprecedented package of coordinated sanctions against Russia. What has been announced and are further measures likely? This briefing paper should be taken as correct at the time of writing.
An overview of policy relating to the closure of bank and building society branches and to efforts to protect access to cash.
Household debt: Data on the latest household debt statistics, including net lending, mortgage interest rates and insolvencies.
