By The Editorial Committee on Posted in Industry news
Insurance law tomorrow is the go-to place for the latest legal and industry developments across the insurance market. Here are five reasons to read our blog:… Continue reading
Warranty and indemnity insurance has emerged as a common instrument to address deal risk in M&A transactions globally. What is warranty and indemnity Insurance? Warranty and indemnity Insurance covers losses arising from breach of a warranty (or in certain cases under an indemnity) given in connection with an M&A transaction thus facilitating transactions by transferring … Continue reading
Lawyers have often scratched their heads trying to come to terms with section 54 of the Insurance Contracts Act 1984 (Cth) (ICA). Section 54 prevents an insurer from denying a claim on the basis of an act (or omission) of the insured provided the act did not cause the loss. Two recent cases have considered … Continue reading